LONDON Texas Instruments has established a power management strategic business unit as part of its analog business and named Steve Anderson as the new entity's senior vice president.
The move consolidates TI's analog power product lines into a single strategic business unit alongside the chip makerís High-Performance Analog and High-Volume Analog and Logic businesses.
TI says the change was made "to better focus on solving customers' analog, power management and energy efficiency design challenges."
Anderson now reports to Gregg Lowe, senior vice president for TI's Analog business unit. He moves from leading TI's System Power Management business in High-Performance Analog.
Several semiconductor industry analyst firms, such as iSuppli and Databeans, rank TI as the top worldwide supplier of power management integrated circuits in the industry with approximately 15 percent market share.
Databeans forecasts that the power management industry will continue to increase in importance, with a compound annual growth rate of approximately 15 percent over the next 5 years.
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