Adobe announced that they will no longer continue to develop Flash Player in the browser to work with new mobile device configurations (chipset, browser, OS version, etc.), and that is because HTML5 is now universally supported on major mobile devices, in some cases exclusively. This makes HTML5 the best solution for creating and deploying content in the browser across mobile platforms. Adobe said that they will continue to work with key players in the HTML community, including Google, Apple, Microsoft and RIM, to drive HTML5 innovation they can use to advance their mobile browsers.
They added that their future work with Flash on mobile devices will be focused on enabling Flash developers to package native apps with Adobe AIR for all the major app stores. And will continue to provide critical bug fixes and security updates for existing device configurations.