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Texas Instruments Incorporated reported fourth quarter revenue of $4.08 billion, net income of $1.37 billion and earnings per share of $1.49. Earnings per share included a 3-cent benefit that was not in the company’s original guidance.
Regarding the company’s performance and returns to shareholders, Haviv Ilan, TI’s president and CEO, made the following comments:
- “Revenue decreased 10% sequentially and 13% from the same quarter a year ago. During the quarter we experienced increasing weakness across industrial and a sequential decline in automotive.
- “Our cash flow from operations of $6.4 billion for the trailing 12 months again underscored the strength of our business model, the quality of our product portfolio and the benefit of 300mm production. Free cash flow for the same period was $1.3 billion.
- “Over the past 12 months we invested $3.7 billion in R&D and SG&A, invested $5.1 billion in capital expenditures and returned $4.9 billion to owners.
- “TI’s first quarter outlook is for revenue in the range of $3.45 billion to $3.75 billion and earnings per share between $0.96 and $1.16. We now expect our 2024 effective tax rate to be about 13%.”
Original – Texas Instruments
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LATEST NEWS / PRODUCT & TECHNOLOGY1 Min Read
MCC Semi launched the components engineered to satisfy the diverse requirements of demanding applications: eight low-profile Schottky barrier rectifiers with a common cathode configuration, low forward voltage, and countless possibilities.
A sleek and compact TO-263AC package delivers a typical height of only 1.7mm, translating to compatibility with the popular D2PAK footprint and seamless integration into existing designs.
Engineered to reduce power losses and optimize performance you can count on, these components are available in working voltage ranges from 45V to 200V and a forward current of 20A to 30A per device.
Ideal for freewheeling diodes, switch-mode power supplies, motor controls, and many other rugged applications, MCC’s selection of Schottky barrier rectifiers is a go-to solution when space is limited, but expectations are not.
Features & Benefits:
- Low forward voltage design minimizes power losses
- Low-profile TO-263AC package with a typical height of 1.7mm for space-saving performance
- Compatible with the popular D2PAK footprint for added versatility
- Wide working voltage range from 45V to 200V
- Forward current options of 20A and 30A per device
Original – Micro Commercial Components
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LATEST NEWS1 Min Read
Bourns, Inc. announced it will exhibit its expanding portfolio of advanced high voltage application solutions at the upcoming APEC 2024 Conference. As one of the leading power conversion components suppliers worldwide, Bourns continually develops innovative technology to meet ever-increasing requirements for reliable and safe communication in a growing group of high voltage electric vehicle (EV) and other high energy storage systems.
- Single channel signal transformer with integrated common mode choke
- Only supplier with transformer rated at 1500 VDC
- Industry’s first planar signal BMS transformer
- Continued expansion of WBG evaluation partnership with Wolfspeed
- Emphasizes Bourns’ custom magnetics design capabilities
- Transformative space-saving circuit protection innovations
- Expanded line of intelligent current sensor products
- Highly-efficient silicon carbide (SiC) diode products for increasing power densities
- High power shunt resistors for accurate BMS monitoring
Original – Bourns
- Single channel signal transformer with integrated common mode choke
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LATEST NEWS / PRODUCT & TECHNOLOGY1 Min Read
MCC Semi announced the latest lineup of innovative bridge rectifiers — GBUA10M-BP, GBUA4M-BP, and GBUA6M-BP. With 1000V capacity and a low profile, these components deliver unmatched excellence in the smallest of spaces.
Fully compatible with the GBU pin layout, these rectifiers boast an outstanding 42% reduction in height, creating more room for design flexibility. Power adapters, lighting systems, and other applications with space and height constraints are ideal for power rectification with these compact powerhouses.
Available in three high-voltage options with current ratings from 4A to 10A, MCC’s new bridge rectifiers ensure the performance and reliability you need in a space-saving JC package.
Whichever option you choose, you’ll take advantage of cost and energy savings on top of uncompromising efficiency and performance.
Features & Benefits:
- High voltage capacity of 1000V
- Current ratings from 4A to 10A
- High thermal stability
- Low profile design
- Space-saving construction
- Cost-effective solution
- Compatible with GBU pin layout
- Compact JC package
Original – Micro Commercial Components
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STMicroelectronics has been awarded “Top Employer” of the year in Italy for the third consecutive time. This award is the official recognition to companies excellent in HR policies and strategies and in their implementation to contribute to the well-being of emplyees, and improve the working environment.
In Italy STMicroelectronics has 13 sites with more than 12,500 employees, more than 3,400 in R&D.
On top of that, STMicroelectronics has been named “Top Employer” in France for the fourth time in a row.
Every year, the Top Employers Institute program certifies companies according to their participation and their results in the “HR Best Practices Survey”. This survey covers 6 major HR areas divided into 20 themes such as talent management strategy, the work environment, talent acquisition, training and skills development, well-being at work, or diversity and inclusion.
This year, the program has certified more than 2,300 companies worldwide present in 121 countries, with more than 12 million employees impacted. STMicroelectronics is one of the 110 companies that have received the certification in France.
Original – STMicroelectronics and STMicroelectronics