Texas Instruments to Decrease Smartphone Chip Biz
Texas Instruments has revealed plans to shift the focus of its mobile processor business away from devices such as smartphones and tablets. Instead, the company will look to target a wider range of industrial customers, such as carmakers, in the hopes that the move will stabilize its business. Texas Instruments has lost ground to Qualcomm, Apple, and Samsung in the smartphone processor space in recent years. Though it will continue to make and market chips for mobile devices, it will reduce the amount of capital it funnels to those businesses. "We believe that opportunity is less attractive as we go forward," said senior VP for TI's embedded processing unit, Greg Delagi, at an investor meeting. Delagi believes the embedded processor market represents a better business opportunity for TI in the long run.
Smartphone Camera Shoot-Out: iPhone X, Pixel 2 XL, Galaxy S9+
Is photography your passion? If so, and you're in the market for a new phone, the Apple iPhone X, Google Pixel 2 XL, and Samsung Galaxy S9+ should be at the top of your list.
Samsung Partners with uBreakiFix for Same-Day Galaxy Repairs
Owners of Samsung's newer high-end phones will soon be able to score same-day repairs for most problems. Samsung has teamed up with uBreakiFix, which has some 370 locations around the country, in order to provide more timely repairs.
Qualcomm to Hold Onto Chip Biz for the Time Being
Qualcomm does not plan to sell off its mobile chip business, according to Executive Chairman Paul Jacobs. Investors have been putting pressure on Qualcomm to spin off the unit, which one called "worthless." Some would prefer that Qualcomm operate strictly as a patent-licensing business.
Sony Looking to Raise Capital for Image Sensor Business
Sony plans to issue new shares of stock for the first time in 26 years as it hopes to raise about $4 billion in capital. The company said it will spend the money on bolstering its image sensor business, which is seeing high demand from smartphone and tablet makers.