"Miracast will play an important role in enabling true seamless media streaming, gaming and content sharing between mobile screens and large displays, " said Ram Machness, director of marketing, Wireless Connectivity Solutions, Texas Instruments Incorporated.

ENGADGET: Wi-Fi Alliance announces first Miracast-certified devices, full compatibility with Intel WiDi

ARM, Freescale Semiconductor, IBM, Samsung, ST-Ericsson and Texas Instruments Incorporated (TI), today announced the formation of Linaro, a not-for-profit open source software engineering company dedicated to enhancing open source innovation for the next wave of always-connected, always-on computing.

ENGADGET: ARM, Samsung, IBM, Freescale, TI and more join to form Linaro, speed rollout of Linux-based devices

Among the largest underlying components of IYW, in trading today Texas Instruments Incorporated ( NYSE: TXN) is off about 1.2%, Dell Corporation ( NASD: DELL) is down about 1.8%, and Corning Incorporated ( NYSE: GLW) is lower by about 1.8%.

FORBES: Tech Stocks Continue To Slide Due To Global Economic Concerns