Recently, the demand for chips that convert analog signals to digital ones has increased mainly because of the wide use of cellular networks. Texas Instruments is considered one of the largest producers of analog semiconductors and it is benefiting from the increased demand of cellular networks. Due to such rise in demands, it is predicted that Texas Instruments will perform better than its performance in the first quarter.
Analysts have predicted that Texas Instruments will observe earnings per share of around 50 cents and total revenue of $3 billion. These estimates can be understated since the increased demand for cellular networks and the chips have not been accounted for. On the other hand, some analysts have stated that it is possible that the company might meet these predictions and give an even better performance. It has been said that Texas Instruments will be able to get earnings per share of more than 60 cents while the revenue should be around $3.5 billion. If these figures are really met, then it would prove that Texas Instruments has taken full advantage of being in a booming market.
Texas Instruments serves the world's electronic companies by providing semiconductor technologies that improve power efficiency and product performance. Texas Instruments is a leader in analog technology and they create integrated circuits for industrial, energy, medical, safety and security applications. Including applications for military equipment. T.I’s recent earnings come mainly from the analog products and embedded processing.
The CEO of the company, Rich Templeton has high expectations for the company. As reported by Forbes, T.I. ‘s improved product mix drove growth in the first quarter and the company is positioned to leverage the increasing demand for analog products.
