Announced price for random-access memories

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Texas Instruments are once announced a price for random-access memories that wouldn't be available until two years after the announcement. A few days later, Bowmar announced that it would produce this product and sell it a lower price than Texas Instruments. A few weeks later, Motorols said it, too, would produce this product and sell it below the Bowmar price. A few weeks after this, Texas Instrments Announced a price that was one-half of Motorola's. The other two firms announced that, after reconsidering their decision, they would not produce the product. What do you think was Texas Instruments reason for announcing the price of a product two years before it was actually for sale?

Reference no: EM131245192

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