Texas Instruments working with contract manufacturing partners to develop new technologies

Microprocessor Company Texas Instruments has said in a statement that they are now planning to work in collaboration with their contract manufacturing partners to develop new technologies.

TI had recently said in a statement that they planned to stop developing its own chip production technologies.

A company representative has now confirmed that they now are going to work with Asian contract chip makers on a brand new strategy to stay competitive in the market.

She said: “For the cooperation with foundries, TI will continue working with its current advanced logic foundry partners.”

Jackson Hu, the chairman of UMC, a TI partner added: “Some companies are even closing their own chip factories and farming out orders to foundry chip makers, while others are simply no longer investing in chip production R&D, and instead putting that investment money into chip product design efforts. We believe this is a positive industry trend, a win-win situation, and a strong affirmation of our R&D capabilities.”