TI beats estimates in Q1
April 27, 2010 // Mark LaPedus
Texas Instruments Inc. reported first-quarter revenue of $3.21 billion, up 54 percent from a year ago and up 7 percent from the previous quarter. Net income was $658 million, or $0.52 a share, in the period, compared to $17 million, or $0.01 a share, a year ago, and $655 million, or $0.52, from the previous quarter.
TI beat Wall Street's estimates. It was supposed to earn $0.51 on sales of $3.13 billion.
Orders were $3.64 billion, up 66 percent from a year ago and up 12 percent from the prior quarter. Inventory was $1.28 billion at the end of the quarter, up $178 million from a year ago and up $74 million from the prior quarter.
''Momentum continues into the second quarter as demand for our products remains strong, and we add more manufacturing capacity to support our customers,'' said Rich Templeton, TI chairman, president and chief executive, in a statement.
''Production output is at an all-time high, and capacity is increasing each quarter in 2010 as we add 200-millimeter equipment purchased last year and as we ramp the industry's first 300-millimeter analog facility, from which we will start shipments in the fourth quarter," he said.
For the second quarter of 2010, TI expects sales between $3.31-to-$3.59 billion and earnings per share between $0.56-to-$0.64.
For the full year of 2010, TI continues to expect capital expenditures to be $0.9 billion.All news
Conspiracy alleged over Rousset wafer fab closure
March 07, 2014
A class action lawsuit has been filed in Federal Court in New York alleging that Atmel Corp. (San Jose, Calif.) conspired ...
Europe loses PV market lead to Asia in 2013
Driverless car sharing concept focuses on digital comfort
Automated SSL test system authenticates LED technology performance
Paper-thin ultracapacitor aims to boost Li-ion battery performance
Apple set to transform sapphire wafer market
March 07, 2014
The sapphire industry ended an 18 month period of depressed pricing and achieved $936 million in revenue for wafer products ...
FTDI reveals streaming instruction behind new 32bit architecture
AMD taps UK tool for video verification
UHF RFID the radio technology of choice for Industry 4.0
- DSM presents: Select the best plastic for DDR4
- Wireless Sensor Network Challenges and Solutions
- Putting FPGAs to Work in Software Radio Systems Handbook
- Real-Time Spectrum Analysis for Troubleshooting 802.11n/ac WLAN Devices
InterviewWi-Fi is open for business, which is good news for mobile subscribers
Following the news that Netgear has built a Facebook-linked amenity Wi-Fi option into its routers, enabling businesses to offer free Wi-Fi in return for liking the company Facebook page, David Nowicki, ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Freescale is giving away ten RIoTboards, worth 74 dollars each, for EETimes Europe's readers to win.
Designed to run Android operating systems efficiently or to run under Linux, the board is based on the Freescale i.MX 6Solo processor; using the ARM Cortex-A9 architecture.
And the winner is...
In our previous reader offer, Crystal Display was giving...Read more
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.