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Texas Instruments profits increase

Discussion in 'General Discussions and Lounge' started by temi, Oct 25, 2005.

  1. temi

    temi Facilitator Webmaster

    Despite the positive news, analysts were disappointed by forecasts
    Texas Instruments (TI), the world's main maker of chips used in mobile phones, has seen quarterly profit rise.
    Driving growth has been sales of mobile phones that can surf the web, and offer more sophisticated communication and entertainment services, it said.

    Net income totalled $631 (£357m) in the three months to 30 September from $563m a year ago. Sales rose 10% to $3.59bn.

    source: news.bbc.co.uk/1/hi/business/4373864.stm

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