Company Profile For Texas Instruments Incorporated

Texas Instruments Incorporated (TI) is engaged in designing and producing semiconductors that it sells to electronics designers and manufacturers. The Company is organized in four segments: Analog, Embedded Processing, Wireless and Other. TI sells two general categories of semiconductor products: custom and standard. A custom product is designed for a specific customer for a specific application, is sold only to that customer and is typically sold directly to the customer. A standard product is designed for use by many customers and/or many applications and is generally sold through both distribution and direct channels. In May 2008, the Company acquired Commergy Technologies, Ltd., an Ireland-based power supply reference design provider that specializes in energy efficient and compact architectures. In June 2008, the Company acquired Innovative Design Solutions (IDS), which develops analog chips and integrated solutions.

BRIEF: For the nine months ended 30 September 2009, Texas Instruments Incorporated's revenues decreased 26% to $7.42B. Net income applicable to common decreased 55% to $807M. Revenue reflects a decrease in sales analog segment, lower sales from Embedded Processing segment and a decline in sales from Wireless & Other segments. Net income also reflects lower gross margin, a decrease in other net income and the presence of restructuring expenses.