Reuters: Technology News: Amazon in talks to buy Texas Instruments' mobile chip arm: paper

Reuters: Technology News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Amazon in talks to buy Texas Instruments' mobile chip arm: paper Oct 15th 2012, 07:31 Tweet Share this Email Print Related News Analysis: As PC era fades, good times may be over at Intel Sun, Oct 14 2012 Apple to host October 23 event, iPad mini expected Fri, Oct 12 2012 Analysis: Smaller firms grab big slice of mobile advertising Fri, Oct 12 2012 U.S. court clears Samsung phone, hands Apple setback Thu, Oct 11 2012 Insight: Frugal Amazon opens checkbook for streaming video Tue, Oct 9 2012 Analysis & Opinion Why I won't be getting an iPhone 5 Essential reading: No sales-tax effect on Amazon in Texas, and more Related Topics Tech » Deals » Global Deals Review: 2011 Q3 » Global Deals Review: 2011 Q2 » Global Deals Review » Inflows Outflows » Media » A box from Amazon.com is pictured on the porch of a house in Golden, Colorado July 23, 2008. Credit: Reuters/Rick Wilking TEL AVIV | Mon Oct 15, 2012 3:31am EDT TEL AVIV (Reuters) - Amazon.com Inc, the world's largest Internet retailer, is in advanced talks to buy the mobile chip business of Texas Instruments, Israeli financial newspaper Calcalist reported on Monday. If negotiations lead to an agreement, Amazon, which makes tablets and is expected to enter the smartphone industry, would become a direct rival to Apple and Samsung Electronics, which also designs their own chips. The value of any deal will probably be billions of dollars, Calcalist said. Texas Instruments said last month it will shift its wireless investment focus from products like smartphones to a broader market, including industrial clients such as carmakers, where it is hoping for a more profitable and stable business. Officials at both firms were not immediately available for comment outside U.S. business hours. Gartner analyst Carolina Milanesi told Reuters she doubted whether Amazon wants to "become that intimately involved with hardware". TI's chips are used in Amazon.com's Kindle Fire tablet. TI told investors it would continue to support its customers but its mobile application chip business, which supports features like video, will not invest in supporting its customers future roadmap for tablets and smartphones to the same degree as before. Calcalist quoted TI spokeswoman Whitney Jodry as saying that the company refrains from commenting on rumors. (Reporting by Tova Cohen and Tarmo Virki; Editing by Louise Heavens) Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions