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.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.