It also has clients and partners in aerospace, athletic apparel, automotive, consumer electronics, industrials and medical devices and equipment.
Texas Instruments, which makes chips used in products ranging from consumer electronics to industrial equipment, reported a profit of $784 million, or 67 cents a share, up 30.4 percent from $601 million, or 51 cents a share, in the year-ago quarter.
While Texas Instrument's wireless chip business has been weakening for some time, the company is showing signs that the downturn was spreading to analog chips, which are used in products ranging from consumer electronics to industrial equipment.
Texas Instruments, whose chips go in a broad array of products including consumer electronics and industrial gear, said its fourth-quarter profit was $655 million, or 52 cents a share, compared with $107 million, or 8 cents a share, in the fourth quarter of 2008.
The System on Chip Solutions division offers solutions for automobiles, mobile devices, digital consumer electronics, and industrial equipment.
The technological progress in wireless microelectronics offers the usage of battery-powered sensor nodes with acceptable battery lifetimes in many areas from consumer electronics to industrial applications [1].
The vision behind the Internet of Things is that everyday objects (e.g., sensors, actuators, consumer electronics, and industrial devices) become interconnected, IP-addressable, and an integral part of the services in the Internet.
The solution is called InnovizPro, and will be created in partnership with Jabil, an electronics design and projection company that acts as a supplier to global consumer electronics and industrial tech companies.
