Amazon is reportedly in talks to buy the mobile chip division of Texas Instruments in a move that could push the online retailer further into the hardware business. The reports fit in with Texas Instruments’ announcement last month that it would shift the focus of its chip business away from mobile products and toward larger, more stable and lucrative clients such as automobile makers. Texas Instruments has had some challenges and exited some business lines recently, said Jim McGregor, founder and principal analyst at Tirias Research.
Amazon May Buy TI Chip Biz to Scratch Phone Itch
Posted by: Rachelle Dragani October 16, 2012 01:47 PMAmazon is reportedly in talks to buy the mobile chip division of Texas Instruments in a move that could push the online retailer further into the hardware business. The reports fit in with Texas Instruments’ announcement last month that it would shift the focus of its chip business away from mobile products and toward larger, more stable and lucrative clients such as automobile makers. Texas Instruments has had some challenges and exited some business lines recently, said Jim McGregor, founder and principal analyst at Tirias Research.