The $20 cell phone is on the horizon
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Article Summary
August 10, 2005 Approximately 80 percent of the world's population has wireless coverage, though, only about 25 percent subscribe to wireless services due largely to the cost of mobile phones. This represents a huge opportunity for delivering mobile services to large sections of the world's population. In India alone, roughly 11 percent of its total population has telecom connectivity with a mobile subscriber base of 58 million. All of which makes Texas instruments latest cost-effective single-chip cell phone solution very significant – available in less than 12 months time, the chip will reduce the cost of manufacturing cell phones by around 30% and as Texas Instruments (TI) Chairman Tom Engibous announced, “the $20 cell phone is on the horizon.”
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