) or "TI" recently expanded its radio frequency (RF) product
portfolio by launching the SimpleLink Sub-1 GHz CC1200
The new transceiver has data speeds of up to 1Mbps and offers
1 GHz wireless connectivity for Advanced Metering Infrastructure
(AMI) and Home Area Networks (HAN), which are found in smart
grid, home and building automation and alarm and security system
TI's CC1200 transceiver is highly effective for large sensor
networks. It can also handle long range communication and offers
superior co-existence in noisy RF environments. TI's new
transceiver also reduces system power consumption.
The transceiver is also compatible with other TI products such
as CC1190 power amplifier, MSP430F5438A microcontrollers (MCU)
and other LoWPAN solutions.
TI's increasing focus on new products should generate good
returns. The company's diverse portfolio targeting different
emerging market segments such as smart grid, factory automation,
high-voltage power, LED lighting and control are also positives
for its future revenue growth.
In the first quarter of fiscal 2013, TI generated total
revenue of $2.89 billion, which was down 3.2% sequentially and
7.6% year over year (toward the higher end of the narrowed
guidance range of $2.80 billion to $2.91 billion). The Analog
business fell 1.3% sequentially and 2.3% year over year. TI
attributed the year-over-year decline primarily to SVA, which
continues to shift to a consignment model. HVAL and HPA also
declined but were offset by an increase in the power management
Texas Instruments has a Zacks Rank #3 (Hold). Other
semiconductor stocks that are worth considering include
Linear Technology Corp.
ON Semiconductor Corp.
), all carrying a Zacks Rank #2 (Buy).
INTERSIL CORP (ISIL): Free Stock Analysis
LINEAR TEC CORP (LLTC): Free Stock Analysis
ON SEMICON CORP (ONNN): Free Stock Analysis
TEXAS INSTRS (TXN): Free Stock Analysis
To read this article on Zacks.com click here.