To all readers: An interesting press report from TI discussing embedded applications and DSP. Monaco if your interested in DSP stocks look at LOGC. LOGC is a down chipmaker. The price is very stable at the current leve (2.125). They just came out with earnings at (.03) (loss) per share, a steady improvement over the past 2 quarters. Got steady cash flow. Getting over a cyclical period of technology change. Have been in the high teens in the past 2 years. They are comming out with a new line of Digital Signal Processing chips in the next quarter, hopefully just in time for the tech market craze which will be driven by the new digital TV standard.
Tuesday July 29 5:41 PM EDT
Company Press Release
Source: Texas Instruments
DSP Market Momentum Driving Multiple End-Equipment Applications
SAN FRANCISCO, July 29 /PRNewswire/ -- The worldwide market for digital signal processors (DSP) and related mixed-signal/analog chips is projected to grow to about $50 billion over the next ten years, at a market growth rate well above that of the total semiconductor market, according to Texas Instruments president and chief executive officer Tom Engibous.
Citing these high-growth prospects and a diverse and pervasive set of growth opportunities for digital signal processing solutions -- or DSPS -- Mr. Engibous outlined a future for the industry during a presentation to financial analysts at the annual Robertson Stephens Conference in San Francisco.
TI believes that a driving force behind the high-growth prospects will be real-time, embedded applications. Some examples include digital cellular phones, automotive controls, fingerprint scans and networking equipment.
``Real-time processing capabilities are the key, and they are driven by programmable, digital signal processing solutions,'' said Mr. Engibous. ``In the PC microprocessor world, which is not real-time, you watch an hour glass while you wait for processing to be done. In the DSP world, you get the end results without even being aware of the processing steps. Digital signal processing is the engine that enables this real-time digital revolution.''
In his speech, Mr. Engibous said that the DSP market has more momentum in its first 15 years than the microprocessor market did in the same time period. While the growth trend is similar, he said the DSP rate has accelerated because the market is not dependent on just personal computing, but is driven by multiple end-equipment markets, including telecommunications, networking and hard disk drives.
``We believe the market demand for DSP solutions will explode. It's safe to say that if you look ten years out, many of the DSP applications that will be common then haven't even been invented today,'' Mr. Engibous commented.
He cited the entertainment market, digital television, interactive programming, video games, collision avoidance systems and digital motor controls as some examples
TI's Winning Formula
Mr. Engibous described how TI will maintain its leadership position in the emerging ``system-on-a-chip'' era, when much of the electronics in end-equipment will be reduced to a single chip.
The winner in the marketplace, Mr. Engibous said, must have all of four key capabilities: ownership of the DSP central processing unit core, the ability to integrate the central processor with other critical functions, great process technology, and systems-level expertise.
``One measure of a truly mainstream technology is the high-level of support available from third parties,'' Mr. Engibous said. ``By this measure, DSP is certainly mainstream -- with more than 30,000 programmers writing more than a billion lines of DSP code, more than 300 third parties adding value through software and hardware development and more than 900 universities worldwide teaching DSP-specific or computational engineering.''
To compete successfully, companies will have to have broad systems know- how across major markets like networking, wireless and mass storage, stated Mr. Engibous. TI has already made those investments -- in its TI Networking Lab, with worldwide design expertise, acquisitions like Tartan and strategic manufacturing locations around the globe -- to create a virtual company approach, he added.
According to market research firm Forward Concepts, TI is the leader in the DSP market with about a 45 percent market share. Dataquest shows TI is the number two supplier in the diverse mixed-signal/analog market with about a 12 percent share.
In closing, Mr. Engibous said, ``TI thinks DSP solutions are important, so important that we've built our strategic direction around it. DSPs and real- time processing are driving the next wave of growth -- not just for TI -- but for the entire high-tech industry.''
Texas Instruments Incorporated, headquartered in Dallas, Texas, is one of the world's foremost high technology companies, with sales or manufacturing operations in more than 30 countries. TI products and services include semiconductors; consumer products; electrical controls; and metallurgical materials. |
