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Weili Dai

Nowadays, Weili Dai is a topic that has captured the attention of many people around the world. With its relevance in today's society, Weili Dai has become a topic of interest for experts and hobbyists alike. From its impact on the economy to its influence on popular culture, Weili Dai has proven to be a phenomenon worthy of study and analysis. In this article, we will explore different aspects related to Weili Dai and examine its meaning in various contexts. From its history to its future projection, Weili Dai will continue to be an important topic today and for years to come.

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In this Chinese name, the family name is Dai.
Weili Dai
Born
Weili Dai (戴伟立)

1961 or 1962 (age 63–64)[1]
Shanghai, China
EducationUniversity of California, Berkeley
OccupationBusinesswoman
Title
Spouse
​
​
(m. 1985; died 2024)​
Children2

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

Early life

Weili Dai was born in Shanghai, China, where she played semi-professional basketball before moving to the U.S. at the age of 17.[1] She has a bachelor's degree in computer science from the University of California, Berkeley.[5]

Career

Dai was involved in software development and project management at Canon Research Center America, Inc. Dai co-founded the American semiconductor company Marvell in 1995 with her husband Sehat Sutardja. She directed Marvell's rise to become a large company.[6] While at Marvell, Dai worked on strategic partnerships,[7] and marketed Marvell's technology for use in products across several markets.[8][9] Dai also works to increase access to technology in the developing world[10] and served as an ambassador of opportunity between the US and China.[11] Dai served as chief operating officer, executive vice president, and general manager of the Communications Business Group at Marvell. She was corporate secretary of the board, and a director of the board at Marvell Technology Group Ltd.[12]

Dai promoted partnership with the One Laptop Per Child program (OLPC) and women in science, technology, engineering, and mathematics (STEM) fields.[13][14]

She sits on the board of the disaster relief organization, Give2Asia, and was named to a committee of 100 representing the Chinese Americans. The Sutardja Dai Hall at her alma mater, UC Berkeley, was named for Dai along with her husband Sehat Sutardja, CEO of Marvell and Pantas Sutardja, CTO of Marvell. Sutardja Dai Hall is home to the Center for Information Technology Research in the Interest of Society (CITRIS). In 2015, Dai was named to the Global Semiconductor Alliance's (GSA) board of directors,[15] Dai is a member of the executive committee for TechNet.[16]

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

In 2021, together with her husband Sehat Sutardja and business partner Byung Joon Han, she founded Silicon Box, a Singapore-based semiconductor company that focuses on the design and manufacture of chiplet packaging. The venture-backed company opened a $2 billion facility in Tampines in 2023 to produce chiplets for their customers primarily in the artificial intelligence domain.[18][19]

Upon her husband Sutarja's death in 2024, Dai inherited his stake in Alphawave IP Group and joined its board of directors on an interim basis. Her stake was valued at $237 million in June 2025, when Qualcomm announced it would acquire the company.[20]

Controversies

In 2008, the company and its then chief operating officer–and the only member of its stock option "committee" during the period in question – Weili Dai paid fines,[21] to the Securities and Exchange Commission over charges of false financial information to investors by improperly backdating stock option grants to employees, totaling $10 million and $500,000 respectively. Dai was forced to step down as executive vice president, chief operating officer, and a director but allowed to continue with the company in a non-management position.[22]

In 2016, Dai and her husband, Sehat Sutardja, were ousted from Marvell Technology Group, the company they had co-founded, after months-long investigation on a potential accounting fraud. The investigation found no fraud; however, it found that there were significant pressures from management to meet revenue targets and that internal controls were not fully followed and some revenues were booked prematurely early.[23]

Personal life

Dai married Sehat Sutardja in 1985, and have two sons.[24][25] They moved to Las Vegas, Nevada, after being dismissed from Marvell by hostile takeover.[1] Her husband died on September 18, 2024.[26]

References

  1. ^ a b c d "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 Entrepreneur Blazed a Trail". Mashable. Retrieved April 23, 2012.
  3. ^ "Women! Embrace your inner geek". CNN. 20 March 2012. Retrieved 12 November 2012. only female co-founder of a global semiconductor company in the world.
  4. ^ "Weili Dai". Forbes.
  5. ^ "25 Notable Chinese-Americans" (PDF). Forbes. Archived from the original (PDF) on 2016-03-03. 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 (29 March 2012). "Seven Top Ladies In Tech Over 50". Chip Chick. Archived from the original on 3 May 2012. Retrieved April 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 Out, Marvell's Weili Dai Pushes Women In Tech". Forbes. Retrieved April 23, 2012.
  10. ^ Dignan, Larry. "Marvell co-founder talks technology in education, R&D". Smart Planet. Archived from the original on February 2, 2013. Retrieved 2 May 2012.
  11. ^ Flannery, Russ. "Marvell Technology's Mobile Connector". Forbes Asia Magazine. Retrieved 2 May 2012.
  12. ^ "Marvell – Company – Investor Relations – News Release". Investor.marvell.com. Retrieved 13 March 2017.
  13. ^ Phoebe Parke. "How to get girls into STEM -- The experts speak". Cnn.com. Retrieved 13 March 2017.
  14. ^ Kucera, Danielle. "Technology Industry's Gender Gap Seen Hampering Competitiveness". Bloomberg BusinessWeek. Archived from the original on September 24, 2011. Retrieved 2 May 2012.
  15. ^ "Marvell – Company – Newsroom – GSA Appoints Ms. Weili Dai, President and Co-Founder of Marvell, to GSA Board". Marvell.com. Retrieved 13 March 2017.
  16. ^ "Executive Council". TechNet.org. Retrieved 13 March 2017.
  17. ^ "Weili Dai". Forbes. Retrieved 2022-12-14.
  18. ^ Wang, Catherine (16 February 2024). "Chipping In: Billionaire-Founded Unicorn Startup Makes Semiconductor 'Chiplets' For The AI Boom". Forbes. Archived from the original on 16 February 2024.
  19. ^ Chong, Claudia (9 January 2024). "Singapore chip start-up Silicon Box turns unicorn, hitting US$1 billion in valuation". The Straits Times.
  20. ^ Pacheco, Filipe; Yeung, Pui Gwen (18 June 2025). "Billionaire Dai to Reap $237 Million Windfall From Qualcomm Deal". Bloomberg News.
  21. ^ "Marvell and ex-COO pay fines over backdating charges". Siliconbeat.com. 2008-05-08. Retrieved 2017-03-14.[permanent dead link]
  22. ^ Alan Rappeport (May 7, 2007). "Marvell CFO Resigns amid Options Probe: Microchip maker discloses a pre-tax charge of as much as $350 million". CFO Magazine. Retrieved August 24, 2013.
  23. ^ "The shocking fall of Marvell's Weili Dai, long hailed as a role model for women in Silicon Valley". VentureBeat. 2016-04-07. Retrieved 2021-04-11.
  24. ^ Herel, Suzanne (June 6, 2011). "Meet the Boss: Weili Dai, Marvell Technology Group". SFGate.
  25. ^ "Lessons in family, business success". Shanghai Daily. April 7, 2010.
  26. ^ Goss, Louis (September 18, 2024). "Marvell Technology's billionaire co-founder, Sehat Sutardja, has died". MarketWatch.
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