) or "TI" has launched a lithium-ion battery fuel gauge
integrated circuit (IC) that will extend battery run-time in
portable devices by 50%.
TI's new fuel gauge circuit, bq27421, accurately reports
remaining battery capacity, battery voltage and state-of-charge.
These improve the run time of portable devices by as much as 50%
thus making the devices more convenient for users.
TI's new IC can be used in a variety of portable medical
devices, industrial devices and other consumer electronics. The
product is expected to benefit TI as it has wide application and
is not restricted to smart devices alone.
The fuel gauge circuit, bq27421comes in a 1.5-mm by 1.5-mm,
9-ball wafer chip scale (WCSP) package with a price tag of $1.20
in 1,000-unit quantities.
With the continued rise in the use of medical and industrial
devices, consumer electronic devices and smartphones, product
designers these days are facing challenges to incorporate
advanced features in these devices that are driven by
Consequently, TI's increasing focus on introducing new
products in the market should generate good returns. The
company's endeavor to provide a diverse portfolio targeting
different 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 (slightly better than the mid-point of the
recently 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 product line.
Texas Instruments has a Zacks Rank #3 (Hold).Stocks that have
been performing well and are worth considering include
), all carrying a Zacks Rank #2 (Buy).
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