Amazon in Talks to Buy TIs Mobile Chip Business [REPORT]

A new report suggests that Amazon is in advanced talks to buy Texas Instruments' mobile chip business.

Texas Instruments makes the OMAP processor used by the Kindle Fire HD. Last month, Texas Instruments announced that it was looking to sell its mobile chip division because of falling revenues. TI has faced big competition from other ARM-licensees such as Samsung, Qualcomm and Nvidia and as a result the company is looking to get out of the mobile chip market so it can focus on other markets.

According to the Israeli newspaper Calcalist, Amazon is in advanced talks to buy TI's mobile chip business in a deal that is expected to be priced in the billions of dollars.

As CNET points…
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