Dallas, Texas-based Texas Instruments is a pioneer in the chip industry. It has been part of the major shift in the smartphone industry which introduced the “System on a chip” concept into the mainstream. But the chip maker has started to wonder about the prospects of its future, when it comes to the insanely competitive smartphone business. And the company has made a decision to switch gears, moving away from the smartphone business and concentrating more on a more profitable and stable, embedded chip business.
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