) or TI recently launched TI Designs, which it says is the most
exhaustive reference design library in the industry. It includes
TI's entire portfolio of analog, embedded processing and
connectivity products for industrial, automotive, consumer,
communications and computing applications, among others.
The design library comprises nearly 150 reference designs, which
TI is supporting with application insight and design support.
Therefore, customers can choose to adopt a TI design as-is, or
use it as a building block for further development. This, in
turn, provides engineers the option to devote more time and
resources to develop products and thus enables efficient use of
valuable engineering resources.
The TI Designs Library provides easy access to reference designs
from PowerLab, comprising more than 1,000 tested power management
reference designs, and TI Precision Designs, a library of
precision analog designs.
TI's constant endeavor to develop products targeting different
applications such as microcontroller, factory automation, smart
grid, high-voltage power, and LED lighting and control should
help it to increase revenues even as it moves away from some
In the third quarter of fiscal 2013, TI generated revenues of
$3.24 billion that were up both sequentially and year over year.
The Analog business grew 10.7% sequentially and 4.8% year over
year. All product lines contributed to the sequential increase in
analog revenues although power management products saw the
strongest increase. TI attributed the year-over-year increase to
very strong SVA sales, supported by somewhat higher HPA and power
management and flattish HVAL.
Currently, Texas Instruments has a Zacks Rank #3 (Hold). Stocks
that look attractive currently include
Microchip Technology Inc
), all with a Zacks Rank # 2 (Buy).
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