designed to control a set of specific tasks for electronic equipment. Connectivity Products: Connectivity products enable electronic devices to connect and transfer data, and the requirements for speed, data capability, distance and power vary depending on the application. The company’s Connectivity products support various wireless technologies to meet these requirements, including low-power wireless network standards, such as Zigbee and other technologies, such as Bluetooth, WiFi, and GPS. Its Connectivity products are designed into customer devices alongside its processor and microcontroller products, enabling data to be collected, transmitted and acted upon. Other This segment includes the company’s smaller product lines, such as DLP (primarily used in projectors to create high-definition images), certain custom semiconductors known as application-specific integrated circuits (ASICs) and calculators. The company also offers baseband products and OMAP applications processors and connectivity products sold into smartphones and consumer tablets. Customers The company’s products are sold to original equipment manufacturers, original design manufacturers, and companies within the electronics manufacturing services industry. Sales and Distribution The company markets and sells its semiconductor products through a direct sales force and distributors. It has sales or marketing offices in 34 countries worldwide and has expanded its sales networks in the emerging markets of China, India, and Eastern Europe. The company sells its calculator products primarily through retailers and instructional dealers. Seasonality The company’s semiconductor revenue tends to be weaker in the first and fourth quarters (year ending December 2013) when compared to the second and third quarters. Calculator revenue is tied to the U.S. back-to-school season and is therefore at its highest in the second and third quarters. Intellectual Property The company owns trademarks that are used in the conduct of its business. These trademarks are primary assets, such as Texas Instruments and its corporate monogram. Other major trademarks include DLP and OMAP. Research and Development The company’s research and development expense was $1.52 billion in 2013. Significant Events In October 2014, Texas Instruments announced a collaboration with The National Council of Teachers of Mathematics (NCTM). TI and NCTM have joined forces to develop practical ideas and classroom activities to help teachers respond to the changing educational landscape and implement effective teaching strategies that allow all students to succeed in mathematics. History Texas Instruments Incorporated was founded in 1930.
texas instruments inc (TXN:NASDAQ GS)
12500 TI Boulevard
PO Box 660199
Dallas, TX 75266
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