About Company
Texas Instruments, also known as Texas Instruments Incorporated (TI), is a US-based tech firm with its head office in Dallas, Texas, that blueprints and makes semiconductors and different ICs, which it trades to electronics devisers and producers worldwide.
Texas Instruments ranks as one of the best ten semiconductor manufacturers in the world in terms of sales.
The organization stresses devising embedded CPUs and analog chips, which comprise over eighty percent of its income.
Besides, Texas Instruments manufactures TI digital light processing technology and academic tech goods such as multi-core CPUs, microcontrollers, and calculators.
As of 2016, Texas Instruments owns 45,000 copyrights globally.
In 1951, Texas Instruments surfaced once a restructuring of Geophysical Service Inc took place, a firm set up in 1930 that made tools for application in seismic engineering, together with security electronics.
In 1954, Texas Instruments made the oldest business-purpose electronic transistor globally. During the same year, TI devised and made the oldest transistor radio.
In 1958, Jack Kilby created the IC when researching at the Central Research Laboratories of Texas Instruments.
Besides, in 1967, TI manufactured the hand-held calculator. In 1970, it launched the oldest mono-chip microcontroller that blended all the calculation basics onto a single part of silicon.
In 1987, Texas Instruments devised the digital light processing tool (named the DLP chip as well), which functions as the base for the firm’s esteemed DLP Cinema and DLP engineering.
In 1990, Texas Instruments launched the much-admired TI-81 calculator, which turned it into a boss in the charting calculator business.
In 1997, the defense trade was disposed of to Raytheon. This allowed TI to fortify its concentration on computerized solutions.
Once in 2011, TI took over National Semiconductor, and the organization had a pooled assortment of 45,000 client design equipment and analog goods.
Texas Instruments is frequently considered a pointer for the electronics and semiconductor business altogether in the stock market, as the firm’s goods have applications in nearly every electronic item.
What type of company is TI?
Texas Instruments is a publicly-traded company.
To which industry does TI belong?
TI belongs to the semiconductor industry.
When was TI set up?
In 1930, TI was established; 92 years back, the name Geophysical Service Incorporated. In 1951, it resurfaced as Texas Instruments.
Who are the originators of Texas Instruments?
The establishers of the company are the following people:
- J. Erik Jonsson
- Cecil H. Green
- Patrick E. Haggerty
- Eugene McDermott
Where is the central office of TI located?
TI’s main head office is located in Dallas, Texas, US.
Which area does TI serve?
The company features fifteen production hubs globally and annually manufactures tens of billions of microprocessor chips. There are 80,000 items for more than 100,000 clients.
Texas Instruments Management
Richard Templeton, (Chairman, President, CEO)
Richard Templeton serves as the company’s president, Chairman, and Chief Executive Officer of the company. Templeton got the appointment of the chairman of the board of directors in 2008 April. In 2004 May, he got the appointment of the Chief Executive Officer and President of the firm.
Richard has been a part of the BOD of the firm since 2003 July.
From 2000 April till 2004 April, Richard served as the company’s Chief Operating Officer. Templeton also served as the executive VP of the firm and president of its semiconductor trade from 1996 June till 2004 April.
In these positions, Richard is accredited with assisting in delineating and implementing Texas Instrument’s planning to concentrate on semiconductor devices for signal processing. Functionally, he steered the organization throughout this switchover.
As Chief Executive Officer of the company, Richard kept on restructuring the organization, concentrating wealth on development prospects in Texas Instrument’s fundamental Embedded and Analog Processing trades.
In 1980, Richard became a part of Texas Instruments once he achieved a B.Sc degree from Union College, New York, in electrical engineering.
He used his functional profession in the semiconductor trade of the organization, starting in sales and ultimately turning into the president of the whole enterprise.
Ahmad Bahai (Senior VP and CTO)
Bahai, a doctorate, serves as the Chief Technology Officer (CTO) and Senior Vice President of TI and he is entrusted with the responsibility to steer groundbreaking invention, business survey, as well as Kilby Labs.
Before this position, Bahai acted as the chief technologist and VP, heading Kilby Laboratories, the company’s modernization hubs concentrated on path-breaking technology and invention.
During his professional life, Ahmad has occupied various management positions such as chief technology officer and director of research laboratories of National Semiconductor, procedural supervisor of an investigative team at Bell Laboratories, and originator of Algorex, an audio IC and transmission and system firm that National Semiconductor took over.
Ahmad became a part of Texas Instruments in 2012 as an element of the organization’s buying of National Semiconductor. He has an M.Sc degree from Imperial College, the University of London in electrical engineering, and a Ph.D. degree from the University of California, Berkeley in electrical engineering.
Other than his position at Texas Instruments, Ahmad serves as an assistant professor at Stanford University. He is also an associate of the Institute of Electrical and Electronics Engineers (IEEE).
What are the products offered by TI?
TI products can be broadly categorized:
- Calculators
- Analog electronics
- Digital light processors
- Digital signal processors
- Embedded CPUs
- ICs (Integrated circuits)
What are the various divisions of Texas Instruments?
Presently, Texas Instruments comprises four business segments:
- Analog merchandise
- Digital light processing
- Embedded CPUs
- Academic tools
How many employees work for Texas Instruments?
As of 2019, the company recruited 29,888 employees. Among them, 12,000 work in the United States, 2,000 serve in the European territory, and 16,000 serve the Asia Pacific region.
Who are the contenders of TI?
Texas Instruments features the biggest market share in the analog semiconductor business, which enjoys a projected overall available market above the US $37 billion. Listed below are some of the industry rivals of Texas Instruments:
- Lam Research
- Applied Materials
- ASML
- Tokyo Electron
- Dainippon Screen
- KLA-Tencor
- Teradyne
- SEMES
- Daifuku
- Hitachi KE
Takeovers
1996
TI took over Tartan, Incorporated.
1997
The company bought Amati Communications at a US $395 million valuations.
1998
The company purchased GO DSP.
In the same year, the tech giant took over the semiconductor (standard logic) item series from Harris Semiconductor, which comprised the following merchandise groups:
- HC4xxx
- CD4000
- FCT
- HCT
- ACT
1999
TI took over Libit Signal Processing Ltd., a Herzlia, Israel-based firm at a valuation of around US $365 million. It was entirely a cash deal.
In the same year, the company took over Butterfly VLSI, Ltd. at around the US $50 million.
In the same year, it also took over Telogy Networks at a US $457 million valuations.
Again in the same year, TI bought Unitrode Corporation (its stocks were traded on the NYSE with the ticker symbol UTR).
2000
The company purchased Burr-Brown Corporation at a US $7.6 billion valuations.
2006
TI took over Chipcon at approximately US $200 million valuations.
2009
The organization took over Luminary Micro and CICLON.
2011
TI took over National Semiconductor at a US $6.5 billion valuations.
2021
In October, Texas Instruments took over the (erstwhile) Micron 300 mm manufacturing site in Lehi, Utah. The deal was carried out at a valuation of US $900 million.
The takeover of National Semiconductor
On 4th April 2011, TI declared that it had decided to acquire National Semiconductor at a valuation of US $6.5 billion, and it was entirely a cash deal. The company disbursed US $25 per share of the stocks of National Semiconductor, which was 80% higher than the stock price of US $14.07 as of 4th April 2011 closing. The transaction turned Texas Instruments into the world’s biggest manufacturer of analog tech elements. The organizations officially amalgamated on 23rd September 2011.
Texas Instruments Stock Performance
The common stocks of Texas Instruments are traded on the NASDAQ stock exchange with the ticker symbol TXN. Also, the stocks are elements of the following indices:
- Standard & Poor 500
- Standard & Poor 100
- Nasdaq 100
On January 24, 2022, Texas Instruments (Nasdaq: TXN) ended trading at the US $178.34 at 4:00 pm Eastern Standard Time (EST). There is a delay of at least 15 minutes, and West LLC provides the stock info.
Stock chart
TI Financial Performance for Incorporated and Subsidiary Companies
Consolidated statement of income
(Figures are in a million US$, other than stock and per share values)
For three months ended September 30,
Additional info
- Total equity held by the firm for the fiscal year ending 31st December 2020 amounted to US $9.187 Billion (⬆)
- Total assets held by the firm for the fiscal year ending 31st December 2020 amounted to US $19.351 Billion (⬆)
Awards and Philanthropy
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- Dow Jones Sustainability Index honored the company for its sustainability operations for thirteen successive years.
- 3BL Media nominated it as Top Hundred Best Corporate Citizen for twenty-one successive years.
- It is the oldest semiconductor firm to achieve authentication from the Green Building Council (United States).
- The National Association for Female Executives has rated it as the Top Organization for Administrative Women for fifteen successive years.
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- The company has performed over the US $31 million in charitable donations in 2019, comprising TI Foundation aids, corresponding presents, and in-kind contributions.
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