"Our engineers selected the PSoC 3 platform because it delivers the perfect combination of low-power consumption, processing power, and flexible communications interfaces, " said Bryan Lee, President of Oscium.

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Flexible mechanisms that facilitate innovation, as well as the orderly and transparent processing of distressed assets, the unwinding of government ownership, crisis resolution, consumer protection and insurance.

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Sandbridge Technologies' SB3010 chips are flexible enough to handle a wide range of protocols, multimedia and application processing, which would enable handset makers to built multifunction handsets using a single chip, driving costs down.

ENGADGET: Sandbridge Technologies develops programmable cellphone chip