Qualcomm cancels Snapdragon 802 TV processor

In a blog posting Qualcomm (NASDAQ: QCOM) has said that it is cancelling its recently announced Snapdragon 802 Smart TV processor. The posting said:

“Qualcomm Technologies, Inc. has decided not to commercialize the recently announced Snapdragon 802 processor as the overall demand for processors uniquely designed for smart TVs has proven to be smaller than anticipated. This decision is specific to the Snapdragon 802 processor and does not affect other products we are currently shipping in this segment.”