Monday, October 15, 2012

Amazon may buy Texas Instruments' mobile chip business to keep up with Apple

Amazon may buy Texas Instruments' mobile chip business to keep up with Apple

. Texas Instruments (TXN) 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 (AMZN) 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 (005930) and Apple (AAPL).

Boy Genius Report , Amazon may buy Texas Instruments' mobile chip business to keep up with Apple, Amazon may buy Texas Instruments' mobile chip business to keep up with Apple

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