Texas Instruments waves goodbye to SoC market

During a recent investor meeting, Texas Instruments senior VP for embedded processing Greg Delagi broke the news that there won't be any new OMAP processors coming out any time soon. "We believe that opportunity is less attractive as we go forward," said Delagi. This is why from here on in, TI will shift its focus from the mobile phone and tablet market and will instead work on making embedded chips for car makers and other applications.

What Else You Need To Know

  • Prior to Delagi's statement, it was widely believed that TI will be the first to launch a new SoC (System-on-a-Chip) based on the Cortex A15 architecture.

Other sources

We're scratching our heads as to why a major player would drop such a strong position like this, but perhaps they know something that we don't. - Daniel Cooper, Engadget  
The good news for us is that we are still getting great chips like the Snapdragon S4 and Tegra 3 in our mobile devices. At the same time though, we always love competition, and this means one less player is in the game. - Eric, Droid-Life  
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