Market Report -- Short Stories (TXN)
November 20, 2009 9:42 AM ET
Texas Instruments: Barclays Capital reviews 300mm conference . Barclays Capital notes yesterday afternoon, TXN hosted a conference call with TXN's SVP of Manufacturing, Kevin Ritchie, to discuss TI's analog manufacturing strategy & TI's recent acquisition of Qimonda's 300mm analog manufacturing technology. Mgmt highlighted they intend to use assets in Richardson fab to address future capacity needs planned over the next 2-4 years as co sees growth in analog & embedded processing areas. TXN believes factory will come online at the end of CY10. Co highlighted likely to see a 30% reduction in wafer costs w/move from 200mm to 300mm.
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