Why Amazon might buy TI’s mobile chip business

by Laura Domela

Amazon is considering a bid for Texas Instruments’ mobile chip business unit. The Next Web noticed that an Israeli news site, Calcalist, reported on Monday that the deal is in advanced negotiations and will be valued at billions of dollars; TI’s market cap is currently $32.35 billion. Texas Instruments’ OMAP line of chips powers various phones, ereaders and tablets, but the company has been steadily losing ground to other chip makers in this market, such as Qualcomm, Nvidia, and Samsung. TI will reportedly keep its other lines of business for sensors and automotive chips.
via GigaOM

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Why Amazon might buy TI’s mobile chip business

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