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Amazon looking to acquire Texas Instruments' mobile chip arm
- USA: Tuesday, October 16 - 2012 at 02:17
Amazon.com Inc. is in advanced talks to buy the mobile chip business of Texas Instruments, Reuters has reported. 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 design their own chips. TI's chips are currently used in Amazon.com's Kindle Fire tablet.
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