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Technology Stocks : Texas Instruments - Good buy now or should we wait? -- Ignore unavailable to you. Want to Upgrade?


To: David who wrote (3428)4/13/1998 4:38:00 PM
From: Jon Klaus  Respond to of 6180
 
Good news from Japan??!!

techweb.com

Texas Instruments Sees Sales Jump In Japan
04/13/98; 9:56 a.m. ET)
By Staff, Semiconductor Business News

Texas Instruments Japan did not follow other chip
makers' plunging profits in that country, but instead
reported a 140 percent increase in net earnings to $91
million (12.1 billion yen) for 1997, up from $38 million
5.3 billion yen) the previous year.

Sales for Dallas-based TI's Japanese subsidiary totaled
$2.2 billion (294 billion yen), up 15 percent from the
previous year.

TI Japan officials attributed the higher sales and profits
to increased shipments of higher-margin digital signal
processors and mixed-signal analog-digital integrated
circuits. TI Japan escaped the devastating crash of
dynamic RAM prices that hit major chip makers
because the U.S. company's DRAM production in that
country is with a separate subsidiary, Kobe TI
Semiconductors.

JK