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
MEMS leaders under pressure, says Yole
July 31, 2014
The MEMS industry is changing as established leaders with manufacturing and an emphasis on delivering components are put ...
OLED lighting to be competitive with LEDs by 2016
Panasonic and Tesla Gigafactory battery plan forges ahead
Surface inspection tool can get customized
Wireless charging - a more cost-effective approach
Sony, Panasonic, Japan Display plan OLED joint venture
July 30, 2014
Sony Corp., Panasonic Corp., and Japan Display Inc. are working together to create a new company, to be named JOLED, which ...
Sony, TSMC win award for silicon-plastic process development
Sensor footprint evolution: Does size matter?
Memscap breaks even on rising Q2 revenue
- Building Blocks for the Internet of Things
- New Linear Regulators Solve Old Problems
- Testing GPS with a Simulator
- DSM presents: Select the best plastic for DDR4
InterviewCEO interview: China, not Apple, is way to go, says mCube CEO
Ben Lee, CEO of MEMS startup mCube, explains why he wants to spend $37 million on being a supplier of sensors to Chinese ODMs and avoiding a design win with Apple or Samsung.
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, Altium Ltd is offering EETimes Europe's readers the chance to win one TASKING VX-Toolset for ARM Cortex-M Premium Edition, normally licensed for 2.395 Euros, for ultra-rapid prototyping and code development around ARM Cortex-M based microcontrollers.
The VX-toolset for ARM is the first TASKING compiler suite to receive the Software Platform technology, which is seamlessly...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.