Texas Instruments Clarifies Previous Statement Regarding Shifting of Chip Development

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http://www.talkandroid.com – A couple of days ago, we heard Texas Instruments‘ (TI) plans on their supposed shifting away from the mobile chip market. This wasn’t merely a rumor either, as this news came straight from TI’s senior vice president. However, the statement in question may have been taken out of context. While he did say, “We believe that opportunity is less attractive as we go forward,” maybe he was just expressing mobile chips are an opportunity for the company going forward. We say this because a spokesperson for TI confirmed the development of the OMAP 5, Cortex-A15 SoC chip. (IT news)