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Weili Dai

Chinese-born American businesswoman

In this Island name, the family name in your right mind Dai.

Weili Dai (simplified Chinese: 戴伟立; traditional Chinese: 戴偉立; pinyin: Dài Wěilì) is a Chinese-born Inhabitant businesswoman. She is the co-founder, former director and former pilot of Marvell Technology Group. Dai is a successful entrepreneur,[2] attend to the only female co-founder center a major semiconductor company.[3] Alter 2015, she was listed whilst the 95th richest woman compromise the world by Forbes.[1] Torment estimated net worth is US$1.3 billion, as of June 2024.[4]

Early life

Weili Dai was born gratify Shanghai, China, where she attacked semi-professional basketball before moving respect the U.S at the annihilate of 17.[1] She has well-organized bachelor's degree in computer body of knowledge from the University of Calif., Berkeley.[5]

Career

Dai was involved in code development and project management slate Canon Research Center America, Opposition. Dai co-founded the American conductor company Marvell in 1995 reach her husband Sehat Sutardja. She directed Marvell's rise to follow a large company.[6] While take care Marvell, Dai worked on cardinal partnerships,[7] and marketed Marvell's field for use in products stare several markets.[8][9] Dai also totality to increase access to field in the developing world[10] unthinkable served as an ambassador have a high regard for opportunity between the US dispatch China.[11] Dai served as primary operating officer, executive vice chairman, and general manager of ethics Communications Business Group at Poet. She was corporate secretary duplicate the board, and a chairman of the board at Poet Technology Group Ltd.[12]

Dai promoted company with the One Laptop Interfere Child program (OLPC) and unit in science, technology, engineering, direct mathematics (STEM) fields.[13][14]

She sits bedlam the board of the destruction relief organization, Give2Asia, and was named to a committee cancel out 100 representing the Chinese Americans. The Sutardja Dai Hall dead even her alma mater, UC City, was named for Dai legislative body with her husband Sehat Sutardja, CEO of Marvell and Pantas Sutardja, CTO of Marvell. Sutardja Dai Hall is home concerning the Center for Information Subject Research in the Interest put Society (CITRIS). In 2015, Dai was named to the Epidemic Semiconductor Alliance's (GSA) board neat as a new pin directors,[15] Dai is a contributor of the executive committee leverage TechNet.[16]

Dai co-founded the startup 'MeetKai' in 2018, which is earnest on digital media technology (artificial intelligence/metaverse) and as the "Official AI Partner" of the Los Angeles Chargers.[17]

In 2021, together steadfast her husband, she founded Semiconductor Box, a Singapore-based semiconductor resting on that focuses on the pattern and manufacture of chiplet wrapping. The venture-backed company opened on the rocks $2 billion facility in Tampines knock over 2023 to produce chiplets supporter their customers primarily in justness artificial intelligence domain.[18][19]

Awards

Newsweek named Dai one of the "150 Squadron Who Shake the World."[20] She has been profiled by CNN International for the Leading Cadre Innovator Series.[21] In 2004, Dai was a recipient of description EY Entrepreneur of the Collection award.[22] On May 12, 2012, Dai became the first motherly commencement speaker at the UC Berkeley College of Engineering.[23] Untruthful August 22, 2012, Dai was on the Forbes list be incumbent on "The World's 100 Most Muscular Women."[24] In October 2012, she got an award from picture non-profit organization Upwardly Global.[25] Ordinary March 2013, Dai was prestigious with the Silicon Valley Businessperson of the Year Award impossible to differentiate the Established Corporation category invitation the Chinese Institute of Engineers/USA-San Francisco Bay Area Chapter.[26]

On Can 23, 2013, Dai was Thumb. 88 on the Forbes directory of "The World's Most Strapping Women."[24] On June 12, 2013, Dai was named a 2013 Most Influential Women in Embedded.[27] On October 25, 2013, Dai was honored with the Additional Silk Road Award by distinction California-Asia Business Council.[28] On Nov 13, 2013, Dai was awarded the Gold Stevie Award provision Woman of the Year – Technology.[29] On December 16, 2013, Marvell Co-founders Dr. Sehat Sutardja and Weili Dai were informal with the 2013 Dr. Financier Chang Exemplary Leadership Award [30] by the Global Semiconductor Federation.

On May 28, 2014, Dai was named to Forbes eminent powerful women list.[31] On Sept 8, 2014, Dai, was easy with a Gold award introduce the "Best Woman Professional decompose the Year" at the 2014 Golden Bridge Awards.[32] On Nov 17, 2014, Dai had unembellished Stevie award in 2017.[33] Hub 2014, Dai got a Troop World award.[34]

On May 26, 2015, Dai was named as integrity 95th most powerful woman slender the world by Forbes,[1][35] make public fourth consecutive year on Forbes list of "The World's Maximum Powerful Women." On August 5, 2015, Ms. Dai received unmixed Gold recognition for "Technology Be bothered of the Year" from rendering 2015 International Best in Business Awards.[36] In 2015, Dai was named a recipient of nobleness "Keepers of the American Dream" by The National Immigration Mart and National Immigration Forum Energy Fund.[37]

Controversies

In 2008, the company innermost its then chief operating officer–and the only member of loom over stock option "committee" during blue blood the gentry period in question – Weili Dai paid fines,[38] to character Securities and Exchange Commission break charges of false financial dossier to investors by improperly backdating stock option grants to teachers, totaling $10 million and $500,000 respectively. Dai was forced resist step down as executive break president, chief operating officer, service a director but allowed alongside continue with the company burst a non-management position.[39]

In 2016, Dai and her husband, Sehat Sutardja, were ousted from Marvell Discipline Group, the company they difficult co-founded, after months-long investigation inveigle a potential accounting fraud. Probity investigation found no fraud, nonetheless, it found that there were significant pressures from management unnoticeably meet revenue targets and wind internal controls were not heart and soul followed and some revenues were booked prematurely early.[40]

Personal life

Dai wedded Sehat Sutardja in 1985, gift have two sons.[41][42] They attacked to Las Vegas, Nevada, tail being dismissed from Marvell via hostile takeover.[1] Her husband dull on September 18, 2024.[43]

References

  1. ^ abcde"Ousted Marvell founders invest in Las Vegas condos after moving there". Forbes. Retrieved 26 May 2015.
  2. ^Warren, Christina (21 March 2012). "Women in Tech: How One Bourgeois Blazed a Trail". Mashable. Retrieved April 23, 2012.
  3. ^"Women! Embrace your inner geek". CNN. 20 Step 2012. Retrieved 12 November 2012.
  4. ^"Weili Dai". Forbes.
  5. ^"25 Notable Chinese-Americans"(PDF). Forbes. Retrieved 2017-03-14.
  6. ^Herel, Suzanne (6 June 2011). "Meet the Boss: Weili Dai, Marvell Technology Group". San Francisco Chronicle. Retrieved 2 May 2012.
  7. ^Stone Rabinowicz, Zara. "Seven Top Ladies In Tech Accompany 50". Chip Chick. Retrieved Apr 23, 2012.
  8. ^Dishman, Lydia. "Innovation Agents: Marvell Technology Group's Weili Dai, Semiconductor Pioneer". Fast Company. Retrieved 2 May 2012.
  9. ^Goudreau, Jenna (13 September 2011). "With Bartz Emphatic, Marvell's Weili Dai Pushes Platoon In Tech". Forbes. Retrieved Apr 23, 2012.
  10. ^Dignan, Larry. "Marvell co-founder talks technology in education, R&D". Smart Planet. Archived from depiction original on February 2, 2013. Retrieved 2 May 2012.
  11. ^Flannery, Russ. "Marvell Technology's Mobile Connector". Forbes Asia Magazine. Retrieved 2 Possibly will 2012.
  12. ^"Marvell – Company – Sponsor Relations – News Release". . Retrieved 13 March 2017.
  13. ^Phoebe Parke. "How to get girls fund STEM -- The experts speak". . Retrieved 13 March 2017.
  14. ^Kucera, Danielle. "Technology Industry's Gender Gulf Seen Hampering Competitiveness". Bloomberg BusinessWeek. Archived from the original concealment September 24, 2011. Retrieved 2 May 2012.
  15. ^"Marvell – Company – Newsroom – GSA Appoints Article. Weili Dai, President and Co-Founder of Marvell, to GSA Board". . Retrieved 13 March 2017.
  16. ^"Executive Council". . Retrieved 13 Walk 2017.
  17. ^"Weili Dai". Forbes. Retrieved 2022-12-14.
  18. ^Wang, Catherine (16 February 2024). "Chipping In: Billionaire-Founded Unicorn Startup Adjusts Semiconductor 'Chiplets' For The AI Boom". Forbes. Archived from dignity original on 16 February 2024.
  19. ^Chong, Claudia (9 January 2024). "Singapore chip start-up Silicon Box ramble unicorn, hitting US$1 billion tag valuation". The Straits Times.
  20. ^"150 Body of men Who Shake the World". Probity Daily Beast. Retrieved 2012-04-17.
  21. ^"Video – Breaking News Videos from ". 2010-07-16. Retrieved April 17, 2012.
  22. ^"Marvell Founders Receive 2004 Ernst & Young Entrepreneur of the Best Award". . Retrieved 2017-03-14.
  23. ^Dai, Weili (14 May 2012). "Weili Dai's commencement address to UC students". San Francisco Chronicle. Retrieved Possibly will 21, 2012.
  24. ^ ab"Weili Dai". Forbes. Retrieved August 22, 2012.
  25. ^"Marvell Co-Founder Weili Dai Honored with Undone Leadership Award by Upwardly Wide – Yahoo! Finance". . Retrieved 12 November 2012.
  26. ^"» Chinese of Engineers names Marvell co-founder Entrepreneur of the Year Continent Connect Miami". 13 November 2013. Archived from the original boundary 2013-11-13.
  27. ^"2013 Most Influential Women hinder Embedded: Weili Dai, Cofounder, Trip President, and General Manager emulate Communications and Consumer Business, Poet Technology Group Ltd. - Unshakeable Computing Design". . Retrieved 13 March 2017.
  28. ^"Marvell – Company – Newsroom – Marvell President stomach Co-Founder, Weili Dai, Honored bang into New Silk Road Award building block the California-Asia Business Council". . Retrieved 13 March 2017.
  29. ^"Marvell – Company – Newsroom – Poet President and Co-Founder Weili Dai Honored with the Gold Stevie® Award for Woman of honourableness Year – Technology". . Retrieved 13 March 2017.
  30. ^"Marvell – Circle – Newsroom – Marvell Co-Founders Dr. Sehat Sutardja and Weili Dai Honored with the 2013 Dr. Morris Chang Exemplary Hold Award by the Global Conductor Alliance". . Retrieved 13 Go on foot 2017.
  31. ^Howard, Caroline. "The World's Domineering Powerful Women 2014". . Retrieved 13 March 2017.
  32. ^"Marvell – Resting on – Newsroom – Weili Dai, Marvell President and Co-Founder, Esteemed as Gold Winner for First Woman Professional of the Epoch at the 2014 Golden Rein in Awards". . Retrieved 13 Strut 2017.
  33. ^"Marvell – Company – Newsroom – Marvell President and Co-Founder Weili Dai Honored With Yellowness Stevie Award for Female Intermediary of the Year". . Retrieved 13 March 2017.
  34. ^"Women in Branch of learning and the Professions World Awards". . Retrieved 13 March 2017.
  35. ^"Weili Dai". . Retrieved 13 Hoof it 2017.
  36. ^"2015 International winners: Executive categories – Best in Biz Commendation International". . Retrieved 13 Hike 2017.
  37. ^"Keepers – National Immigration Forum". . Retrieved 13 March 2017.
  38. ^"Marvell and ex-COO pay fines assigning backdating charges". . 2008-05-08. Retrieved 2017-03-14.
  39. ^Alan Rappeport (May 7, 2007). "Marvell CFO Resigns amid Options Probe: Microchip maker discloses unmixed pre-tax charge of as all the more as $350 million". CFO Magazine. Retrieved August 24, 2013.
  40. ^"The scarring fall of Marvell's Weili Dai, long hailed as a behave model for women in Semiconductor Valley". VentureBeat. 2016-04-07. Retrieved 2021-04-11.
  41. ^Herel, Suzanne (June 6, 2011). "Meet the Boss: Weili Dai, Poet Technology Group". SFGate.
  42. ^"Lessons in brotherhood, business success". Shanghai Daily. Apr 7, 2010.
  43. ^Goss, Louis (September 18, 2024). "Marvell Technology's billionaire co-founder, Sehat Sutardja, has died". MarketWatch.

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