According to Bloomberg's reports, the world's largest analog chip maker, Texas Instruments said at second-quarter the revenue may exceed the forecasts of some analysts.Texas Instruments predicted that at second-quarter revenue would be between $ 3.28 billion and $ 3.42 billion, earnings per share is between 32 cents and 36 cents. According to Bloomberg's data, analysts predict that Texas Instruments's revenue is $ 3.36 billion, earnings per share is 34 cents.TI's analog chips are widely used in household washing machines and storage hardware, and its revenue has become a indicator of macro-economic demand. Although other economic indicators continue to deteriorate, sales of Texas Instruments have not been diminished, an analyst at Stiefel Nicholas,ToreSvanberg said.After this announcement, Texas Instruments's shares rose to $ 28.04. Prior to this trading price of Texas Instruments in New York has dropped 3.1 percent to $ 27.65. This year, the stock is already down 5%.The vice president of Texas Instruments,Ron Slaymaker said, "Our business has been very smooth, at the second quarter orders are increasing."He said that with the increase in the sustained recovery of the industrial market and the North American mobile phone production base, the communication components of demand are rising. Computer manufacturers have a steady demand for chips .Texas Instruments had predicted sales between $ 32.2 billion U.S. dollars and 34.8 million in April this year, earnings per share of about 30 cents and 38 cents.According to Bloomberg Editor's supply chain data, Nokia is the largest customer of Texas Instruments. Relations of cooperation with Nokia, Texas Instruments was once the largest manufacturer of global mobile phone digital signal processor (DSP). Nokia decided to adopt a diversification strategy to buy a digital signal processor from other suppliers. Texas Instruments is still to carry out the baseband DSP business. |
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Chip Sales Of Texas Instruments At Q2 May Exceed Forecast