Texas Instruments to cut 1,700 jobs in reorganization

November 14, 2012

US tech firm Texas Instruments said Wednesday it was cutting 1,700 jobs worldwide as it cuts back on chips for mobile phones.

The Dallas-based firm said it would focus on processors for devices and applications "with long ," instead of the "where large customers are increasingly developing their own custom chips."

The company has shifting its focus away from mobile phones and tablets to chips for industrial equipment and the automotive sector.

"We have a great opportunity to reshape our OMAP (Open Multimedia Applications Platform) processor and product lines to concentrate on embedded markets," said TI vice president Greg Delagi.

The company expects annualized savings of about $450 million by the end of 2013.

Explore further: New UMTS Products to be Based on TI's OMAP(TM) 2 Architecture and NTT DoCoMo's W-CDMA Technology

Related Stories

Kodak, Texas Instruments Simplify Camera Phone Design

July 11, 2005

Eastman Kodak Company is making it easier for camera phone manufacturers to build next-generation devices that offer improved image quality and multimedia capabilities. New KODAK CMOS image sensors for mobile phone and consumer ...

Recognition Technology to Transform Mobile Devices

March 11, 2010

(PhysOrg.com) -- UT Dallas researchers are working with Texas Instruments Inc. and GetFugu Inc. to enable next-generation human-device interaction (HDI) technologies that merge a physical, real-world environment with virtual, ...

Intel launches chip for tablet computers

April 11, 2011

Intel Corp. has launched a new chip for tablet computers, Atom processor Z670 based platform, as the world's most powerful semiconductor company aims to become a contender in the market for mobile chips.

Recommended for you

Internet giants race to faster mobile news apps

October 4, 2015

US tech giants are turning to the news in their competition for mobile users, developing new, faster ways to deliver content, but the benefits for struggling media outlets remain unclear.

Radio frequency 'harvesting' tech unveiled in UK

September 30, 2015

An energy harvesting technology that its developers say will be able to turn ambient radio frequency waves into usable electricity to charge low power devices was unveiled in London on Wednesday.

Professors say US has fallen behind on offshore wind power

September 29, 2015

University of Delaware faculty from the College of Earth, Ocean, and Environment (CEOE), the College of Engineering and the Alfred Lerner School of Business and Economics say that the U.S. has fallen behind in offshore wind ...


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.