NVIDIA is Getting Rid of its Cellular Chip Business

Alas, NVIDIA's One-Time Dream of Hitting it Big in the Cellular Chip World is Not to be. The Company is Planning to "Wind Down" its Icera Modem Business in the 2nd Fiscal Quarter of the Year (that is, No Later than July), which Could include Selling it Off. Simply Put, NVIDIA's Priorities Have Changed -- it's Focused on those Areas Where its Signature Graphics and Mobile Processors Tend to Thrive, including Cars, Gaming and the Cloud. It's an Understandable Move Given the Lack of Traction for Icera's Parts (Qualcomm Virtually Dominates the Modem Landscape) but, it's Unfortunate for the Roughly 500 Staffers Who May Find Themselves Out of Work in a Few Months.




Info Sources:

http://www.talkandroid.com/247592-nvidia-halting-icera-modem-operations-will-explore-selling-the-division/?utm_source=feedburner-ta&utm_medium=feed&utm_campaign=Feed%3A+AndroidNewsGoogleAndroidForums+%28TalkAndroid+-+Android+News%2C+Rumours%2C+and+Updates%29

http://nvidianews.nvidia.com/news/nvidia-to-wind-down-icera-modem-operations