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Texas Instruments

Texas Instruments is an American technology company that designs and manufactures semiconductors and other electronic components.

Categories

Technology  

#68

Rank

$164.15B

MarketCap US

US United States

Country

Summary

Texas Instruments Incorporated (TI) is a global technology company that designs and produces analog and digital semiconductors, microprocessors, and software for a wide range of applications. The company was founded in 1930 and is headquartered in Dallas, Texas, with operations in over 35 countries.TI provides a range of products and services, including integrated circuits (ICs) for automotive, industrial, and personal electronics applications; microcontrollers and processors for embedded systems; and high-performance analog products for industrial and automotive applications. The company also provides a range of software tools and development platforms, enabling customers to design, prototype, and test their products.

TI is a market leader in the semiconductor industry, with a strong reputation for innovation and technology leadership. The company has a strong research and development (R&D) focus, with an R&D budget of over USD 2 billion per year. TI's products are widely used in a range of applications, including smartphones, automotive systems, and industrial automation systems, among others.TI is a publicly traded company, listed on the NASDAQ stock exchange, and has a market capitalization of over USD 120 billion. The company has a strong financial profile, with a diversified revenue base and a large customer base, and is recognized as one of the largest and most successful semiconductor companies in the world.


History

Texas Instruments is a technology company based in Dallas, Texas, that designs and manufactures semiconductors and various integrated circuits. The company was founded in 1930 as Geophysical Service, Inc. by a group of four men who were involved in the exploration of natural gas. The company specialized in seismic exploration and became known for developing technology used in the discovery of offshore oil reserves.

In the 1940s, the company entered the electronics industry and changed its name to Texas Instruments. It began to manufacture electronic components such as transistors, diodes, and integrated circuits, which were used in a variety of applications, including radios and televisions. In the 1950s, Texas Instruments introduced the first silicon transistor, which helped revolutionize the electronics industry.

In the 1960s, Texas Instruments played a major role in the development of the semiconductor industry, with its invention of the integrated circuit. The company's integrated circuits helped reduce the size and cost of electronic devices, and led to the creation of new products, such as calculators and personal computers. Texas Instruments' TI-2500 Datamath calculator, introduced in 1972, was the first commercially successful handheld calculator.

During the 1980s, Texas Instruments expanded its business to include the production of microprocessors, which are used in computers and other electronic devices. The company's TMS9900 microprocessor, introduced in 1976, was used in the first desktop computers. In 1985, Texas Instruments sold its consumer electronics division, which included the production of televisions, radios, and home computers, to focus on its semiconductor and microprocessor businesses.

In the 1990s, Texas Instruments continued to innovate in the semiconductor industry, introducing new products such as digital signal processors and application-specific integrated circuits. The company also expanded into the telecommunications industry, developing products for use in cellular phones and other wireless devices.

In the 2000s, Texas Instruments became a major supplier of chips for the automotive industry, as well as for digital cameras and other consumer electronics. The company also introduced a number of products for the healthcare industry, including wireless sensors and monitoring devices. In 2009, Texas Instruments sold its memory chip business to Micron Technology, Inc.

In recent years, Texas Instruments has continued to focus on its core businesses of semiconductors and integrated circuits. The company has introduced new products for use in the Internet of Things (IoT) and automotive industries, as well as for artificial intelligence and machine learning applications. Texas Instruments is also known for its commitment to sustainability, with a focus on reducing its environmental impact and improving the sustainability of its products.

Today, Texas Instruments is one of the world's largest semiconductor companies, with operations in more than 30 countries and a workforce of more than 30,000 employees. The company is widely recognized for its innovation and technical expertise, and is a major supplier of chips for a wide range of industries, including automotive, industrial, healthcare, and consumer electronics.


Mission

The mission of Texas Instruments is to create a better world by making electronics more affordable through semiconductors. They design, manufacture, test and sell analog and embedded processing chips, driven by their core values of integrity, innovation and commitment. Their mission statement also includes helping customers develop analog, digital signal processing, RF and DLP® semiconductor technologies.


Vision

Texas Instruments has a clear vision for their future: to be the leading provider of analog and embedded processing solutions. They are determined to provide innovative solutions that meet their customers' needs in the electronics market, while also creating value for their stakeholders. Their commitment to excellence and their dedication to meeting the needs of their customers is what sets them apart from their competitors. They strive to be a trusted partner, offering reliable and high-quality products to their customers. Texas Instruments has a clear vision for their future: to be the leading provider of analog and embedded processing solutions. By continuing to focus on these objectives, Texas Instruments is confident that they will remain at the forefront of the industry.


Key Team

J. Erik Jonsson (Founder)

Janet Clark (Board Member)

Patrick E. Haggerty (Founder)

Carrie Cox (Board Member)

Rich Templeton - Wikipedia (TI Chairman, President and CEO)

Haviv Ilan (Exec VP/COO)

Ahmad S. Bahai (CTO)

Pamela Patsley (Board Member)

Robert Sanchez (Board Member)


Recognition and Awards
Texas Instruments has won the Best of Sensors 2020 Award for its TMCS1100 and TMCS1101 zero-drift Hall-effect current sensors, Top Rated Company for Diversity in 2017, and 17 Supplier Excellence Awards in 2021. Keysight Technologies was also recognized for Supplier Excellence by Texas Instruments in 2021.

Products and Services

Texas Instrument's products and services span a wide range of industries, from consumer electronics to industrial automation and automotive systems. In the consumer electronics sector, Texas Instruments develops microprocessors, digital signal processors, and other chips for use in consumer electronics such as TVs and gaming consoles. In industrial automation and automotive systems, TI designs and manufactures embedded processors, signal chains, and system-on-chip solutions. In the communications market, Texas Instruments provides services such as cellular base station infrastructure and wireless chipsets. Texas Instruments also produces radio frequency and optical components for use in a variety of wireless communication applications. The company also provides engineering and design services, software development and consulting services, and technical support. Texas Instruments is also active in research and development, working on new technologies and products for its customers.


References
Texas Instruments
Leadership team

Cecil Howard Green (Founder)

Eugene McDermott (Founder)

Industries

Technology

Products/ Services
Analog electronics, Calculators, Digital signal processors, Digital light processors, Integrated circuits, Embedded processors
Number of Employees
20,000 - 50,000
Headquarters
Dallas, Texas, U.S.
Established
1930
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0000097476
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
TXN
Social Media

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