Friday, November 16, 2012

Texas Instruments to axe 1700 jobs

West Australian Wednesday 14th November, 2012

US tech firm Texas Instruments says it is cutting 1700 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 life cycles," instead of the mobile market "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...

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Source: http://www.texasguardian.com/index.php/sid/210737260/scat/42acbe017a594c30

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