Texas Instruments announced the launch of a new single-chip that features all major mobile phone functions. Nokia has already announced a deal with TI to make cell phones based on this chip.
The new chip, which TI calls its Digital RF Processor (RF stands for radio frequency) or DRP, incorporates all the major functions of a mobile phone onto a single chip.
The only things the chip doesn't do is store the programs that run on the phone--that's what flash memory is for--and manage the power flow from the battery.