Texas Instruments to Offer Faster Chips
- Share via
Texas Instruments Inc. unveiled two new chips that will make Internet access faster and let mobile phones run for weeks without recharging. The news pushed the company’s shares up $15, or 11%, to close at $149 on the New York Stock Exchange.
One of the new digital signal processors is about 10 times faster than the company’s current DSPs. It will let Texas Instruments customers develop phones that can retrieve video from the Net. The second chip uses a sixth of the battery power of current DSPs and is designed to increase the battery life of wireless devices.
Consumers will be able to buy products that use the new chips by year-end.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
