The Information Technology 100
It's one of the biggest trends in technology over the past five years: growth and innovation increasingly coming from devices other than the personal computer. And chipmaker Texas Instruments counts as one of the beneficiaries. TI ranks as the world's No. 1 supplier of semiconductors for cell phones and is a top supplier of chips for flat-screen TVs, digital music players, and projectors. TI's specialty, digital signal processing chips, accounted for 35% of its sales last year.
The company also makes digital light processing (DLP) chips that power TVs and projectors. Sales for DLP chips surged 79% last year. Despite strong growth, TI's main challenge -- increasing its profit margins -- remains. Last year, the company's gross margin was about 45%, compared to 58% for chip giant Intel.
|Return on Equity||16.0%|
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All figures are for the most recent available 12 months.
* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.
Data provided by Standard & Poor's Compustat, BusinessWeek
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