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Industry: Email Alert RSS FeedTI forecast, Infineon job cuts leave Q4 chip questions.(News)
RCR Wireless News, October, 2006
Tags: chip, Infineon Technologies AG, job, Texas Instruments Inc.
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Byline: PHIL CARSON
In Hollywood's movie industry, as in New York's publishing industry, the cutting question is, "Yes, but what have you done lately?'' Add the semiconductor industry to that list.
When Texas Instruments Inc. reported that its third-quarter revenue rose 13 percent to $3.76 billion and net income was up 11 percent to $702 million, its chief executive officer, Rich Templeton, said that was great-but the forecast was cloudy.
"The third quarter was one of the best in TI's history,'' Templeton said. "At the same time, orders declined, ...
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