PARIS (December 18, 2012)--Chipmaker Texas Instruments says it will lay off more than 500 people at a research and development plant near Nice, France, in the coming months.
The Dallas-based company announced last month that it is eliminating 1,700 jobs worldwide as it cuts spending in its wireless business.
As the company's biggest smartphone and tablet customers have begun developing their own chips, Texas Instruments is shifting the focus to industrial and automotive customers.
Its factory at Villeneuve-Loubet was primarily dedicated to developing OPAM microprocessors used in smartphones and tablets.
Nearly all of the employees at the factory, most of them engineers, will lose their jobs.
The company is working with the government to find a new owner for the facility.
In all, 517 jobs will be cut.
Texas Instruments employs 609 people in France.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.