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Texas Instruments Incorporated (TI) is an American technology company headquartered in Dallas, Texas, that designs and manufactures semiconductors and various
integrated circuit An integrated circuit or monolithic integrated circuit (also referred to as an IC, a chip, or a microchip) is a set of electronic circuits on one small flat piece (or "chip") of semiconductor material, usually silicon. Large numbers of tiny ...
s, which it sells to electronics designers and manufacturers globally. It is one of the top 10 semiconductor companies worldwide based on sales volume. The company's focus is on developing analog chips and embedded processors, which account for more than 80% of its revenue. TI also produces TI digital light processing technology and education technology products including
calculator An electronic calculator is typically a portable electronic device used to perform calculations, ranging from basic arithmetic to complex mathematics. The first solid-state electronic calculator was created in the early 1960s. Pocket-sized ...
s,
microcontroller A microcontroller (MCU for ''microcontroller unit'', often also MC, UC, or μC) is a small computer on a single VLSI integrated circuit (IC) chip. A microcontroller contains one or more CPUs (processor cores) along with memory and programmable i ...
s, and multi-core processors. The company holds 45,000 patents worldwide as of 2016. Texas Instruments emerged in 1951 after a reorganization of Geophysical Service Incorporated, a company founded in 1930 that manufactured equipment for use in the seismic industry, as well as defense electronics. TI produced the world's first commercial silicon transistor in 1954, and the same year designed and manufactured the first transistor radio. Jack Kilby invented the
integrated circuit An integrated circuit or monolithic integrated circuit (also referred to as an IC, a chip, or a microchip) is a set of electronic circuits on one small flat piece (or "chip") of semiconductor material, usually silicon. Large numbers of tiny ...
in 1958 while working at TI's Central Research Labs. TI also invented the hand-held
calculator An electronic calculator is typically a portable electronic device used to perform calculations, ranging from basic arithmetic to complex mathematics. The first solid-state electronic calculator was created in the early 1960s. Pocket-sized ...
in 1967, and introduced the first single-chip microcontroller in 1970, which combined all the elements of computing onto one piece of silicon. In 1987, TI invented the digital light processing device (also known as the DLP chip), which serves as the foundation for the company's DLP technology and DLP Cinema. TI released the popular TI-81 calculator in 1990, which made it a leader in the graphing calculator industry. Its defense business was sold to Raytheon Company in 1997; this allowed TI to strengthen its focus on digital solutions. After the acquisition of National Semiconductor in 2011, the company had a combined portfolio of 45,000 analog products and customer design tools. In the stock market, Texas Instruments is often regarded as an indicator for the semiconductor and electronics industry as a whole, since the company sells to more than 100,000 customers.


History

Texas Instruments was founded by
Cecil H. Green Cecil Howard Green (August 6, 1900 – April 11, 2003) was a British-born American geophysicist, electrical engineer, and electronics manufacturing executive, who trained at the University of British Columbia and the Massachusetts Institute of Tec ...
,
J. Erik Jonsson John Erik Jonsson (6 September 1901 – 31 August 1995) was a co-founder and early president of Texas Instruments Incorporated. He became Mayor of Dallas, a major advocate of the creation of Dallas/Fort Worth International Airport, and a philan ...
,
Eugene McDermott Eugene McDermott (February 12, 1899 in Brooklyn, New York - August 23, 1973 in Dallas, Texas) was an engineer and geophysicist who co-founded Geophysical Service Incorporated (GSI) in 1930 and later its parent company Texas Instruments in 1951. On ...
, and
Patrick E. Haggerty Patrick Eugene Haggerty (March 17, 1914 – October 1, 1980) was an American engineer and businessman. He was a co-founder and former president and chairman of Texas Instruments, Incorporated (TI). Under his leadership, the company grew from a s ...
in 1951. McDermott was one of the original founders of
Geophysical Service Geophysical Service Inc. (often abbreviated GSI) was founded by John Clarence Karcher and Eugene McDermott in 1930 for the purpose of using refraction and reflection seismology to explore for petroleum deposits. History On December 6, 1941, the ...
Inc. (GSI) in 1930. McDermott, Green, and Jonsson were GSI employees who purchased the company in 1941. In November 1945, Patrick Haggerty was hired as general manager of the Laboratory and Manufacturing (L&M) division, which focused on electronic equipment. By 1951, the L&M division, with its defense contracts, was growing faster than GSI's geophysical division. The company was reorganized and initially renamed General Instruments Inc. Because a firm named General Instrument already existed, the company was renamed Texas Instruments that same year. From 1956 to 1961, Fred Agnich of Dallas, later a Republican member of the Texas House of Representatives, was the Texas Instruments president. Geophysical Service, Inc. became a subsidiary of Texas Instruments. Early in 1988, most of GSI was sold to the Halliburton Company.


Geophysical Service Incorporated

In 1930,
J. Clarence Karcher John Clarence Karcher (April 15, 1894 – July 13, 1978) was an American geophysicist and businessman. He invented and eventually commercialized the reflection seismograph, applying for patents in 1919. By the patenting, and development of ref ...
and Eugene McDermott founded Geophysical Service, an early provider of seismic exploration services to the petroleum industry. In 1939, the company reorganized as Coronado Corp, an oil company with Geophysical Service Inc (GSI), now as a subsidiary. On December 6, 1941, McDermott along with three other GSI employees, J. Erik Jonsson, Cecil H. Green, and H. B. Peacock purchased GSI. During World War II, GSI expanded its services to include electronics for the U.S. Army, Army Signal Corps, and U.S. Navy. In 1951, the company changed its name to Texas Instruments, spun off to build seismographs for oil explorations and with GSI becoming a wholly owned subsidiary of the new company. An early success story for TI-GSI came in 1965 when GSI was able (under a Top Secret government contract) to monitor the Soviet Union's underground nuclear weapons
testing An examination (exam or evaluation) or test is an educational assessment intended to measure a test-taker's knowledge, skill, aptitude, physical fitness, or classification in many other topics (e.g., beliefs). A test may be administered verba ...
under the ocean in Vela Uniform, a subset of Project Vela, to verify compliance of the Partial Nuclear Test Ban Treaty. Texas Instruments also continued to manufacture equipment for use in the seismic industry, and GSI continued to provide seismic services. After selling (and repurchasing) GSI, TI finally sold the company to Halliburton in 1988, after which sale GSI ceased to exist as a separate entity.


Semiconductors

In early 1952, Texas Instruments purchased a patent license to produce germanium transistors from
Western Electric The Western Electric Company was an American electrical engineering and manufacturing company officially founded in 1869. A wholly owned subsidiary of American Telephone & Telegraph for most of its lifespan, it served as the primary equipment ma ...
, the manufacturing arm of AT&T, for $25,000, beginning production by the end of the year. Haggerty brought
Gordon Teal Gordon Kidd Teal (January 10, 1907 – January 7, 2003) was an American engineer. He invented a method of applying the Czochralski method to produce extremely pure germanium single crystals used in making greatly improved transistors.
to the company due to his expertise in growing semiconductor crystals while at Bell Telephone Laboratories. Teal's first assignment was to direct TI's research laboratory. At the end of 1952, Texas Instruments announced that it had expanded to 2,000 employees and $17 million in sales. Among his new hires was
Willis Adcock Dr. Willis Alfred Adcock (November 25, 1922 – December 16, 2003) was a Canadian-American Physical chemistry, physical chemist, electrical engineering, electrical engineer, and university professor who worked on the first Nuclear weapon, ato ...
, who joined TI early in 1953. Adcock, who like Teal was a physical chemist, began leading a small research group focused on the task of fabricating grown-junction, silicon, single-crystal, small-signal transistors. Adcock later became the first TI Principal Fellow."A Tribute to Erik Jonsson"
(PDF). p. 4. Retrieved on April 19, 2012.


First silicon transistor and integrated circuits

In January 1954,
Morris Tanenbaum Morris Tanenbaum (November 10, 1928 - February 26, 2023) was an American physical chemist and executive who worked at Bell Laboratories and AT&T Corporation. Tanenbaum made significant contributions in the fields of transistor development and se ...
at Bell Telephone Laboratories created the first workable silicon transistor. This work was reported in the spring of 1954, at the IRE off-the-record conference on solid-state devices, and was later published in the ''Journal of Applied Physics''. Working independently in April 1954, Gordon Teal at TI created the first commercial silicon transistor and tested it on April 14, 1954. On May 10, 1954, at the Institute of Radio Engineers National Conference on Airborne Electronics in Dayton, Ohio, Teal presented a paper: "Some Recent Developments in Silicon and Germanium Materials and Devices". In 1954, Texas Instruments designed and manufactured the first transistor radio. The
Regency TR-1 The Regency TR-1 was the first commercially manufactured transistor radio, introduced in 1954. Despite mediocre performance, about 150,000 units were sold, due to the novelty of its small size and portability. Previously, transistors had only bee ...
used germanium transistors, as silicon transistors were much more expensive at the time. This was an effort by Haggerty to increase market demand for transistors. Jack Kilby, an employee at TI, invented the
integrated circuit An integrated circuit or monolithic integrated circuit (also referred to as an IC, a chip, or a microchip) is a set of electronic circuits on one small flat piece (or "chip") of semiconductor material, usually silicon. Large numbers of tiny ...
in 1958. Kilby recorded his initial ideas concerning the integrated circuit in July 1958, and successfully demonstrated the world's first working integrated circuit on September 12, 1958. Six months later,
Robert Noyce Robert Norton Noyce (December 12, 1927 – June 3, 1990), nicknamed "the Mayor of Silicon Valley", was an American physicist and entrepreneur who co-founded Fairchild Semiconductor in 1957 and Intel Corporation in 1968. He is also credited wit ...
of
Fairchild Semiconductor Fairchild Semiconductor International, Inc. was an American semiconductor company based in San Jose, California. Founded in 1957 as a division of Fairchild Camera and Instrument, it became a pioneer in the manufacturing of transistors and of int ...
(who went on to co-found Intel) independently developed the integrated circuit with integrated interconnect, and is also considered an inventor of the integrated circuit. In 1969, Kilby was awarded the National Medal of Science, and in 1982 he was inducted into the National Inventor's Hall of Fame. Kilby also won the 2000 Nobel Prize in Physics for his part of the invention of the integrated circuit. Noyce's chip, made at Fairchild, was made of silicon, while Kilby's chip was made of
germanium Germanium is a chemical element with the symbol Ge and atomic number 32. It is lustrous, hard-brittle, grayish-white and similar in appearance to silicon. It is a metalloid in the carbon group that is chemically similar to its group neighbors s ...
. In 2008, TI named its new development laboratory "Kilby Labs" after Jack Kilby. In 2011, Intel, Samsung, LG, ST-Ericsson, Huawei's HiSilicon Technologies subsidiary, Via Telecom, and three other undisclosed chipmakers licensed the C2C link specification developed by Arteris Inc. and Texas Instruments.


Standard TTL

The 7400 series of transistor-transistor logic chips, developed by Texas Instruments in the 1960s, popularized the use of integrated circuits in computer logic. The military-grade version of this was the 5400 series.


Microprocessor

Texas Instruments invented the hand-held
calculator An electronic calculator is typically a portable electronic device used to perform calculations, ranging from basic arithmetic to complex mathematics. The first solid-state electronic calculator was created in the early 1960s. Pocket-sized ...
(a prototype called " Cal Tech") in 1967 and the single-chip
microcomputer A microcomputer is a small, relatively inexpensive computer having a central processing unit (CPU) made out of a microprocessor. The computer also includes memory and input/output (I/O) circuitry together mounted on a printed circuit board (PC ...
in 1971, was assigned the first patent on a single-chip microprocessor (invented by Gary Boone) on September 4, 1973. This was disputed by Gilbert Hyatt, formerly of the Micro Computer Company, in August 1990, when he was awarded a patent superseding TI's. This was overturned on June 19, 1996, in favor of TI (note: Intel is usually given credit with Texas Instruments for the almost-simultaneous invention of the microprocessor).


First speech synthesis chip

In 1978, Texas Instruments introduced the first single-chip linear predictive coding speech synthesizer. In 1976, TI began a feasibility study of memory-intensive applications for bubble memory then being developed. They soon focused on speech applications. This resulted in the development the TMC0280 one-chip linear predictive coding speech synthesizer, which was the first time a single silicon chip had electronically replicated the human voice.TI web site history page
,(c. 2008), (HTML), Texas Instruments, accessed September 6, 2008.
This was used in several TI commercial products beginning with Speak & Spell, which was introduced at the Summer Consumer Electronics Show in June 1978. In 2001, TI left the speech synthesis business, selling it to Sensory Inc. of Santa Clara, California.


Consumer electronics and computers

In May 1954, Texas Instruments designed and built a prototype of the world's first transistor radio, and, through a partnership with Industrial Development Engineering Associates of Indianapolis, Indiana, the 100% solid-state radio was sold to the public beginning in October of that year. In the 1960s, company president Pat Haggerty had a team that included Jack Kilby to work on a handheld calculator project. Kilby and two other colleagues created the Cal-Tech, a three-pound battery-powered calculator that could do basic math and fit six-digit numbers on its display. This 4.25 x 6.15 x 1.75 inch calculator's processor would originate the vast majority of Texas Instruments’ revenue. In 1973, the handheld calculator SR-10 (named after slide rule) and in 1974, the handheld scientific calculator SR-50 were issued by TI. Both had red LED-segments numeric displays. The optical design of the SR-50 is somewhat similar to the HP-35 edited by
Hewlett-Packard The Hewlett-Packard Company, commonly shortened to Hewlett-Packard ( ) or HP, was an American multinational information technology company headquartered in Palo Alto, California. HP developed and provided a wide variety of hardware components ...
before in early 1972, but buttons for the operations "+", "–", ... are in the right of the number block and the decimal point lies between two neighboring digits. TI continued to be active in the consumer electronics market through the 1970s and 1980s. Early on, this also included two digital clock models - one for desk and the other a bedside alarm. From this sprang what became the Time Products Division, which made LED watches. Though these LED watches enjoyed early commercial success due to excellent quality, it was short-lived due to poor battery life. LEDs were replaced with LCD watches for a short time, but these could not compete because of styling issues, excessive makes and models, and price points. The watches were manufactured in Dallas and then Lubbock, Texas. Several spin-offs of the Speak & Spell, such as the
Speak & Read Speak & Read is an electronic learning aid made in , by Texas Instruments. Speak and Read was part of a family of learning toys i.e. " Speak & Math" and " Speak & Spell". Speak & Read helped children from ages four to eight develop and improve ...
and
Speak & Math The Speak & Math (or Speak & Maths in some countries) was a popular electronic toy created by Texas Instruments in . Speak & Math was one of a three-part talking educational toy series that also included Speak & Spell and Speak & Read. The Spea ...
, were introduced soon thereafter. In 1979, TI entered the home computer market with the TI-99/4, a competitor to such entries as the
Apple II The Apple II (stylized as ) is an 8-bit home computer and one of the world's first highly successful mass-produced microcomputer products. It was designed primarily by Steve Wozniak; Jerry Manock developed the design of Apple II's foam-m ...
, TRS-80, and the later Atari 400/800 series and VIC-20. It discontinued the TI-99/4A (1981), the sequel to the 99/4, in late 1983 amid an intense price war waged primarily against Commodore. At the 1983 Winter CES, TI showed models 99/2 and the Compact Computer 40 (CC-40), the latter aimed at professional users. The TI Professional (1983) ultimately joined the ranks of the many unsuccessful DOS and x86-based—but non-compatible—competitors to the
IBM PC The IBM Personal Computer (model 5150, commonly known as the IBM PC) is the first microcomputer released in the IBM PC model line and the basis for the IBM PC compatible de facto standard. Released on August 12, 1981, it was created by a team ...
(the founders of Compaq, an early leader in PC compatibles, all came from TI). The company for years successfully made and sold PC-compatible laptops before withdrawing from the market and selling its product line to Acer in 1998.


Defense electronics

TI entered the
defense Defense or defence may refer to: Tactical, martial, and political acts or groups * Defense (military), forces primarily intended for warfare * Civil defense, the organizing of civilians to deal with emergencies or enemy attacks * Defense industr ...
electronics market in 1942 with submarine detection equipment, based on the seismic exploration technology previously developed for the oil industry. The division responsible for these products was known at different times as the Laboratory & Manufacturing Division, the Apparatus Division, the Equipment Group, and the Defense Systems & Electronics Group (DSEG). During the early 1980s, TI instituted a quality program which included Juran training, as well as promoting statistical process control,
Taguchi methods Taguchi methods ( ja, タグチメソッド) are statistical methods, sometimes called robust design methods, developed by Genichi Taguchi to improve the quality of manufactured goods, and more recently also applied to engineering, biotechnology, ...
, and Design for Six Sigma. In the late '80s, the company, along with
Eastman Kodak The Eastman Kodak Company (referred to simply as Kodak ) is an American public company that produces various products related to its historic basis in analogue photography. The company is headquartered in Rochester, New York, and is incorpor ...
and Allied Signal, began involvement with Motorola, institutionalizing Motorola's Six Sigma methodology. Motorola, which originally developed the Six Sigma methodology, began this work in 1982. In 1992, the DSEG division of Texas Instruments' quality-improvement efforts were rewarded by winning the Malcolm Baldrige National Quality Award for manufacturing.


Infrared and radar systems

TI developed the AAA-4 infrared search and track device in the late '50s and early '60s for the
F-4B Phantom The McDonnell Douglas F-4 Phantom II is an American tandem two-seat, twin-engine, all-weather, long-range supersonic jet interceptor and fighter-bomber originally developed by McDonnell Aircraft for the United States Navy.Swanborough and Bowe ...
Sweetman 1987, p. 526. for passive scanning of jet-engine emissions, but it possessed limited capabilities and was eliminated on F-4Ds and later models.Sweetman 1987, p. 552. In 1956, TI began research on infrared technology that led to several line scanner contracts and with the addition of a second scan mirror the invention of the first forward looking infrared (FLIR) in 1963 with production beginning in 1966. In 1972, TI invented the common module FLIR concept, greatly reducing cost and allowing reuse of common components. TI went on to produce side-looking radar systems, the first terrain-following radar and surveillance radar systems for both the military and FAA. TI demonstrated the first solid-state radar called Molecular Electronics for Radar Applications. In 1976, TI developed a microwave landing system prototype. In 1984, TI developed the first inverse synthetic aperture radar. The first single-chip
gallium arsenide Gallium arsenide (GaAs) is a III-V direct band gap semiconductor with a Zincblende (crystal structure), zinc blende crystal structure. Gallium arsenide is used in the manufacture of devices such as microwave frequency integrated circuits, monoli ...
radar module was developed. In 1991, the military microwave integrated circuit program was initiated a joint effort with Raytheon.


Missiles and laser-guided bombs

In 1961, TI won the guidance and control system contract for the defense suppression AGM-45 Shrike
antiradiation missile An anti-radiation missile (ARM) is a missile designed to detect and home in on an enemy radio emission source. Typically, these are designed for use against an enemy radar, although jammers and even radios used for communications can also be ta ...
. This led later to the prime on the high-speed antiradiation missile (AGM-88 HARM) development contract in 1974 and production in 1981. In 1964, TI began development of the first laser guidance system for
precision-guided munition A precision-guided munition (PGM, smart weapon, smart munition, smart bomb) is a guided munition intended to precisely hit a specific target, to minimize collateral damage and increase lethality against intended targets. During the First Gul ...
s, leading to the Paveway series of laser-guided bombs (LGBs). The first LGB was the BOLT-117. In 1969, TI won the Harpoon (missile) Seeker contract. In 1986, TI won the Army FGM-148 Javelin fire-and-forget man portable antitank guided missile in a joint venture with
Martin Marietta The Martin Marietta Corporation was an American company founded in 1961 through the merger of Glenn L. Martin Company and American-Marietta Corporation. In 1995, it merged with Lockheed Corporation to form Lockheed Martin. History Martin Mari ...
. In 1991, TI was awarded the contract for the AGM-154 Joint Standoff Weapon. In 1988, TI paid the U.S. government $5.2 million "to settle allegations one of its divisions overcharged the government on contracts for guided missiles sold to the Navy".


Military computers

Because of TI's research and development of military temperature-range silicon transistors and integrated circuits (ICs), TI won contracts for the first IC-based computer for the U.S. Air Force in 1961 (molecular electronic computer) and for ICs for the Minuteman Missile the following year. In 1968, TI developed the data systems for Mariner Program. In 1991 TI won the F-22 Radar and Computer development contract.


Divestiture to Raytheon

As the defense industry consolidated, TI sold its defense business to the Raytheon Company in 1997 for $2.95 billion. The Department of Justice required that Raytheon divest the TI Monolithic Microwave Integrated Circuit (MMIC) operations after closing the transaction. The TI MMIC business accounted for less than $40 million in 1996 revenues, or roughly 2% of the $1.8 billion in total TI defense revenues, and was sold to TriQuint Semiconductor, Inc. Raytheon retained its own existing MMIC capabilities and has the right to license TI's MMIC technology for use in future product applications from TriQuint. Shortly after Raytheon acquired TI DSEG, Raytheon then acquired Hughes Aircraft from
General Motors The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and ...
. Raytheon then owned TI's mercury cadmium telluride detector business and infrared (IR) systems group. In California, it also had Hughes infrared detector and an IR systems business. When again the US government forced Raytheon to divest itself of a duplicate capability, the company kept the TI IR systems business and the Hughes detector business. As a result of these acquisitions, these former arch rivals of TI systems and Hughes detectors work together. Immediately after acquisition, DSEG was known as Raytheon TI Systems (RTIS). It is now fully integrated into Raytheon and this designation no longer exists.


Artificial intelligence

TI was active in the area of artificial intelligence in the 1980s. In addition to ongoing developments in speech and signal processing and recognition, it developed and sold the Explorer computer family of Lisp machines. For the Explorer, a special 32-bit Lisp microprocessor was developed, which was used in the Explorer II and the TI MicroExplorer (a Lisp Machine on a NuBus board for the Apple Macintosh). AI application software developed by TI for the Explorer included the gate assignment system for United Airlines
described as
"an artificial intelligence program that captures the combined experience and knowledge of a half-dozen United operations experts." In software for the PC, they introduced "Personal Consultant", a rule-based
expert system In artificial intelligence, an expert system is a computer system emulating the decision-making ability of a human expert. Expert systems are designed to solve complex problems by reasoning through bodies of knowledge, represented mainly as if ...
development tool and runtime engine, followed by "Personal Consultant Plus" written in the Lisp-like language from MIT known as
Scheme A scheme is a systematic plan for the implementation of a certain idea. Scheme or schemer may refer to: Arts and entertainment * ''The Scheme'' (TV series), a BBC Scotland documentary series * The Scheme (band), an English pop band * ''The Schem ...
, and the natural language menu system NLMenu.


Sensors and controls

TI was a major
original-equipment manufacturer An original equipment manufacturer (OEM) is generally perceived as a company that produces non-aftermarket parts and equipment that may be marketed by another manufacturer. It is a common industry term recognized and used by many professional or ...
of
sensor A sensor is a device that produces an output signal for the purpose of sensing a physical phenomenon. In the broadest definition, a sensor is a device, module, machine, or subsystem that detects events or changes in its environment and sends ...
, control, protection, and
RFID Radio-frequency identification (RFID) uses electromagnetic fields to automatically identify and track tags attached to objects. An RFID system consists of a tiny radio transponder, a radio receiver and transmitter. When triggered by an electromag ...
products for the automotive, appliance, aircraft, and other industries. The Sensors & Controls division was headquartered in Attleboro, Massachusetts. By the mid-1980s, industrial computers known as PLC's (programmable logic controllers) were separated from Sensors & Controls as the Industrial Systems Division, which was sold in the late 1980s to Siemens. In 2006, Bain Capital LLC, a private equity firm, purchased the Sensors & Controls division for $3.0 billion in cash. The RFID portion of the division remained part of TI, transferring to the Application Specific Products business unit of the Semiconductor division, with the newly formed independent company based in Attleboro taking the name Sensata Technologies.


Software

In 1997, TI sold its software division, along with its main products such as the CA Gen, to
Sterling Software Sterling Software was an American software company founded in Dallas, Texas in 1981 by Sterling Williams and brothers Sam and Charles Wyly. The company was acquired by Computer Associates International in 2000 in a stock-for-stock transaction ...
, which is now part of Computer Associates. However, TI still owns small pieces of software, such as the software for calculators such as the TI Interactive!. TI also creates a significant amount of target software for its digital signal processors, along with host-based tools for creating DSP applications.


TI.com

In 2000, Texas Instruments first implemented an e-commerce platform on TI.com as a way to sell its Code Composer Studio™ software tool directly to customers. With TI.com, purchase managers and design engineers have access to TI products that are immediately available for shipping. The platform has grown to include tens of thousands of TI analog and embedded processing products. In 2020, TI added several features, including full and custom quantity reels, multiple payment options, lines of credit, and flat-rate shipping.


Restatement

On August 6, 1999, TI announced the restatement of its results for parts of 1998 and the first quarter of 1999 after a review by the
Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market ...
over the timing of charges for a plant closing and writedown.


Finances

For the fiscal year 2017, Texas Instruments reported earnings of US$3.682 billion, with an annual revenue of US$14.961 billion, an increase of 11.9% over the previous fiscal cycle. TI shares traded at over $82 per share, and its market capitalization was valued at over US$88.0 billion in October 2018. As of 2018, TI ranked 192nd on the
Fortune 500 The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along ...
list of the largest United States corporations by revenue.


Divisions

Today, TI is made up of four divisions: analog products, embedded processors, digital light processing, and
educational technology Educational technology (commonly abbreviated as edutech, or edtech) is the combined use of computer hardware, software, and educational theory and practice to facilitate learning. When referred to with its abbreviation, edtech, it often refer ...
. As of January 2021, the industrial market accounts for 41 percent of the company's annual revenue while the automotive market accounts for 21 percent.


Other businesses

TI's remaining businesses consisting of DLP products (primarily used in projectors to create high-definition images), calculators and certain custom semiconductors known as application-specific integrated circuits.


DLP Products

DLP is a trademark under which Texas Instruments sells technology regarding TVs, video projectors, and digital cinema. On February 2, 2000, Philippe Binant, technical manager of Digital Cinema Project at Gaumont in France, realized the first digital cinema projection in Europe with the DLP CINEMA technology developed by TI. DLP technology enables a diverse range of display and advanced light control applications spanning industrial, enterprise, automotive, and consumer market segments. ;Custom application-specific integrated circuits (ASICs) The ASICs business develops more complex integrated-circuit solutions for clients on a custom basis.


Educational technology

TI has produced educational toys for children, including the
Little Professor The Little Professor is a backwards-functioning calculator designed for children ages 5 to 9. Instead of providing the answer to a mathematical expression entered by the user, it generates unsolved expressions and prompts the user for the answer. ...
in 1976 and
Dataman Dataman was an educational toy calculator with mathematical games to aid in learning arithmetic. It had an 8-digit vacuum fluorescent display (VFD) and a keypad. Dataman was manufactured by Texas Instruments and was launched on 5 June 1977. Detai ...
in 1977. TI produces a range of calculators, with the TI-30 being one of the most popular early
calculator An electronic calculator is typically a portable electronic device used to perform calculations, ranging from basic arithmetic to complex mathematics. The first solid-state electronic calculator was created in the early 1960s. Pocket-sized ...
s. TI has also developed a line of graphing calculators, the first being the TI-81, and most popular being the TI-83 Plus (with the TI-84 Plus being an updated equivalent). Many TI calculators are still sold without graphing capabilities. The TI-30 has been replaced by the TI-30X IIS. Also, some financial calculators are for sale on the TI website. In 2007, TI released the TI-Nspire family of calculators and computer software that has similar capabilities to the calculators. Less than 3% of Texas Instruments’ overall revenue comes from calculators, part of the $1.43 billion revenue in the "Other" section in the company's 2018 annual report. Nevertheless, the calculators are a lucrative product. For example, estimates have a $15 to $20 cost to produce TI-84 Plus which likely has a profit margin of at least 50%. Throughout the 1980s, Texas Instruments worked closely with National Council of Teachers of Mathematics (NCTM) to develop a calculator to become the educational standard. In 1986, Connecticut School Board became the first to require a graphing calculator on state-mandated exams. Chicago Public Schools gave a free calculator to every student, beginning in the fourth grade, in 1988. New York required the calculator in 1992 for its Regents exams after first allowing it the previous year. The College Board required calculators on the Advanced Placement tests in 1993 and allowed calculators on the SAT a year later. Texas Instruments provides free services to the College Board, which administers AP tests and the SAT, and also has a group called Teachers Teaching for Technology (T3), which educates teachers on how to use its calculators.


=TI calculator community

= In the 1990s, with the advent of TI's graphing calculator series, programming became popular among some students. The TI-8x series of calculators (beginning with the TI-81) came with a built-in
BASIC BASIC (Beginners' All-purpose Symbolic Instruction Code) is a family of general-purpose, high-level programming languages designed for ease of use. The original version was created by John G. Kemeny and Thomas E. Kurtz at Dartmouth College ...
interpreter, through which simple programs could be created. The TI-83 was the first in the series to receive native assembly. Around the same time that these programs were first being written, programmers began creating websites to host their work, along with tutorials and other calculator-relevant information. This led to the formation of TI calculator
webrings A webring (or web ring) is a collection of websites linked together in a circular structure, and usually organized around a specific theme, often educational or social. They were popular in the 1990s and early 2000s, particularly among amateur web ...
and eventually a few large communities, including ticalc.org. The TI community reached the height of its popularity in the early 2000s, with many new websites and programming groups being started. In fact, the aforementioned community sites were exploding with activity, with close to 100 programs being uploaded daily by users of the sites. Also, a competition existed between both sites to be the top site in the community, which helped increase interest and activity in the community. One of the common unifying forces that has united the community over the years has been the rather contentious relationship with TI regarding control over its graphing calculators. TI graphing calculators generally fall into two distinct groups—the older ones powered by the Zilog Z80 and the newer ones running on the
Motorola 68000 The Motorola 68000 (sometimes shortened to Motorola 68k or m68k and usually pronounced "sixty-eight-thousand") is a 16/32-bit complex instruction set computer (CISC) microprocessor, introduced in 1979 by Motorola Semiconductor Products Sector ...
series. Both lines of calculators are locked by TI with checks in the hardware and through the signing of software to disable use of custom operating systems. However, users discovered the keys and published them in 2009. TI responded by sending invalid DMCA takedown notices, causing the Texas Instruments signing key controversy.


Competitors

TI has the largest market share in the analog semiconductor industry, accounting for over $10 billion of the total US$57 billion market in 2020.


Acquisitions

* In 1996, TI acquired Tartan, Inc. * In 1997, TI acquired Amati Communications for $395 million. * In 1998, TI acquired GO DSP. * In 1998, TI acquired the standard logic (semiconductor) product lines from Harris Semiconductor, which included the CD4000, HC4xxx, HCT, FCT, and ACT product families. * In 1999, TI acquired Libit Signal Processing Ltd. of Herzlia, Israel for approximately $365 million in cash. * In 1999, TI acquired Butterfly VLSI, Ltd. for approximately $50 million. * In 1999, TI acquired Telogy Networks for $457 million. * In 1999, TI acquired Unitrode Corporation (NYSE:UTR). * In 2000, TI acquired Burr-Brown Corporation for $7.6 billion. * In 2006, TI acquired
Chipcon Texas Instruments Incorporated (TI) is an American technology company headquartered in Dallas, Texas, that designs and manufactures semiconductors and various integrated circuits, which it sells to electronics designers and manufacturers global ...
for about $200 million. * In 2009, TI acquired CICLON and Luminary Micro. * In 2011, TI acquired National Semiconductor for $6.5 billion. * In 2021, TI acquired an operational 300mm
fabrication plant In the microelectronics industry, a semiconductor fabrication plant (commonly called a fab; sometimes foundry) is a factory where devices such as integrated circuits are manufactured. Fabs require many expensive devices to function. Estimate ...
located in
Lehi, Utah Lehi ( ) is a city in Utah County, Utah, United States. It is named after Lehi, a prophet in the Book of Mormon. The population was 75,907 at the 2020 census, up from 47,407 in 2010. The rapid growth in Lehi is due, in part, to the rapid develo ...
from Micron for $900 million.


National Semiconductor acquisition

On April 4, 2011, Texas Instruments announced that it had agreed to buy National Semiconductor for $6.5 billion in cash. TI paid $25 per share of National Semiconductor stock, which was an 80% premium over the share price of $14.07 as of April 4, 2011 close. The deal made TI the world's largest maker of analog technology components. The companies formally merged on September 23, 2011.


See also

* Anylite Technology *
EnOcean The EnOcean technology is an energy harvesting wireless technology used primarily in building automation systems, but also in other application fields such as industry, transportation, logistics or smart homes solutions. The energy harvesting wire ...
* Symbian Foundation *
OMAP The OMAP (Open Multimedia Applications Platform) family, developed by Texas Instruments, was a series of image/video processors. They are proprietary system on chips (SoCs) for portable and mobile multimedia applications. OMAP devices generally i ...
*
Melendy E. Lovett Melendy Ewing Lovett (born ca. 1959) is an American businesswoman, accountant, consultant, and advocate for women in STEM education and in the workforce. Lovett is the Senior Vice President and Chief Administrative Officer at Trinity Industries. ...


References


Bibliography

* Sweetman, Bill and Bonds, Ray. ''The Great Book of Modern Warplanes''. New York, New York: Crown Publishers, 1987. .


Further reading

* P. Binant, "Kodak: ''Au coeur de la projection numérique'', ''Actions'', no. 29, pp. 12–13, Paris, 2007. * T. R. Reid, ''The Chip: How Two Americans Invented the Microchip and Launched a Revolution'', Random House Trade Paperbacks, New York, 2001. * ''Nobel Lectures'', World Scientific Publishing Co., Singapore, 2000.


External links

* {{Authority control 1951 establishments in Texas American companies established in 1930 American companies established in 1951 Companies formerly listed on the New York Stock Exchange Companies in the Nasdaq-100 Companies listed on the Nasdaq Electronic calculator companies Electronics companies established in 1930 Electronics companies of the United States Home computer hardware companies HSA Foundation founding members Manufacturing companies based in Dallas Manufacturing companies established in 1951 Semiconductor companies of the United States Technology companies established in 1930