Is the Ericsson/ST JV a blow to TI?

Yesterday's announcement by Ericsson and STMicroelectronics of the formation of a joint venture to combine ST's wireless chips with Ericsson's software platforms could be a blow to Texas Instruments. The JV between ST and Ericsson will likely mean that Ericsson will not be doing as much business with TI, resulting in TI losing more market share. Article