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Confident in long-term sustainability of Analog and Embedded Processing business model
July 25, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
Texas Instruments Inc. (TI) reported second-quarter revenue of $3.05 billion, net income of $660 million and earnings per share of 58 cents. Results include a gain associated with the transfer of wireless connectivity technology to a customer and higher-than-expected charges associated with previously announced restructuring. “Our revenue ended the quarter as expected, up 6% sequentially,” Rich Templeton, TI’s chairman, president and CEO, said. “Excluding legacy wireless, revenue...
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