infrastructure and automotive (infotainment and advanced driver assistance systems). They are also sold into industrial applications. Microcontroller Products: Microcontrollers are self-contained systems with a processor core, memory and peripherals that are designed to control a set of specific tasks for electronic equipment. Connectivity Products: Connectivity products enable electronic devices to connect and transfer data, and the requirements for speed, data capability, distance and power vary depending on the application. The company’s Connectivity products support various wireless technologies to meet these requirements, including low-power wireless network standards, such as Zigbee and other technologies, such as Bluetooth, Wi-Fi, and GPS. Its Connectivity products are designed into customer devices alongside its processor and microcontroller products, enabling data to be collected, transmitted and acted upon. Other This segment includes the company’s smaller product lines, such as DLP (primarily used in projectors to create high-definition images), certain custom semiconductors known as application-specific integrated circuits and calculators. The company also offers baseband products and OMAP applications processors and connectivity products sold into smartphones and consumer tablets. Sales and Distribution The company markets and sells its semiconductor products through a direct sales force and distributors. It has sales or marketing offices in 34 countries. Its distributors maintain an inventory of its products and sell directly to a range of customers. Its distribution network holds a mix of TI-consigned and distributor-owned inventory. Seasonality The company’s semiconductor revenue tends to be weaker in the first and fourth quarters (year ending December 31, 2014) when compared to the second and third quarters. Calculator revenue is tied to the U.S. back-to-school season and is therefore at its highest in the second and third quarters. Intellectual Property The company owns many patents, and has many patent applications pending, in the United States and other countries in fields relating to its business. The company owns trademarks that are used in the conduct of its business. These trademarks are valuable assets, the most important of which are Texas Instruments and its corporate monogram. Other valuable trademarks include DLP. Research and Development In 2014, the company’s research and development expense included $1.36 billion. History Texas Instruments Incorporated was founded in 1930.
texas instruments inc (TXN*:Mexico)
12500 TI Boulevard
Dallas, TX 75243
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