Texas Instruments announced last month plans to shrink its mobile processor business and instead focus on broader markets. According to a report from Israeli newspaper Calcalist, however, the company may be looking to sell its chip business entirely. Amazon is said to be in “advanced negotiations” to acquire Texas Instruments’ mobile business, a move that will increase the retail giant’s competition with Samsung and Apple. Gartner analyst Carolina Milanesi doubted the reported, though, telling Reuters that Amazon may not want to “become that intimately involved with hardware.” Read the full story at Boy Genius Report.
Amazon may buy Texas Instruments’ mobile chip business to keep up with Apple
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).