Nvidia has a working prototype of Phoenix, its first reference phone design based on its first LTE chip. The chip codenamed Grey is now known as Tegra 4i. Nvidia not only has a working chip, it also has phone prototypes that it was showing around at MWC.
The bad thing for end users is that Grey, Nvidia Tegra 4i phones are not going to hit the market before late 2013, probably sometime in Q4 2013 at the earliest. You can blame the slow phone design cycle that usually takes 18 month. Tegra 4i will probably live through a good part of 2014. By 2014 Nvidia is expected to have its first high end chip with LTE codename Logan that can easily end up with Tegra 5 branding.
It turns out that Nvidia will get Grey Tegra 4i phones faster to market than the usual 18 months, the usual time it takes to design and build a smartphone. Then again Tegra 4i phones are still more than six months away. Tegra 4i is a big step for Nvidia as having LTE integrated on the chip saves some battery power, saves the design cost, saves a space on the phone motherboard and it becomes mandatory for many phone manufacturers.
Nvidia is making a lot of noise at the Mobile World Congress, especially touting the good performance of Tegra 4 against the competition but again there is a bitter aftertaste that things could have been much better for Nvidia had this chip been ready in late Q4 2012, as it was originally planned.
[Wow, doesn't the ARM world know what an opportunity 6 and 12-month delays give Intel? Doesn't Nvidia know what kind of competition Intel is going to bring by the end of 2013. Given all of Nvidia's problems, not having a phone out until the end of the year seems like a complete disaster...]
well, we know one thing, Wallis...Wall Street cannot project anything into the future. They are clueless, living only in the present..for today...that's what happens when you do a few ounces of cocaine per week....you live only for the momentary thrill...no memory of the past, not notions about the future. There's a theorem in computing that such a machine can't compute anything. That's wall street, my friend.