Texas Instruments is arguably the most nimble vendor in the IC business. TI focused on DRAMs when that market was hot, then exited the business when it went south. After DRAMs, the company's mantra was DSPs. It has recently focused on analog and taken the lead in that sector's revenue rankings. Now chairman, president and CEO Rich Templeton is doing what in today's outsourcing-obsessed world is seemingly unthinkable: He's expanding the company's fab capacity.
TI says its recent analog capacity additions will amount to more than $4.5 billion of additional analog revenue per year when the fab lines are fully operational. Last year, the company began ramping up the industry's first 300-mm analog fab, in Richardson, Texas. In July, it purchased two Spansion fabs, capable of 200- and 300-mm production, in Aizu-Wakamatsu, Japan. And in October, TI acquired a 200-mm fab in Chengdu, China, from Cension Semiconductor Manufacturing Co. that had been operated by Semiconductor Manufacturing International Corp.
The added fabs in China and Japan are targeted for analog. Analysts said TI could be challenged to fill them during slow periods, but Templeton believes TI's fab strategy will bring added market share and lower costs. That worries many of its analog rivals, which use older fabs or have outsourced their production to foundries.
Under Templeton, "TI continues to execute its strategy of exploiting low-cost manufacturing advantages and growing embedded processing and analog faster than its peers," said analyst Doug Freedman of Gleacher & Co.
TI's earnings for 2010 are projected to come in at $2.52 a share on sales of $13.9 billion, compared with $1.16 per share on sales of $10.4 billion in 2009, according to FBR.
I'm sorry but i cannot agree with TI CEO selection.
Nokia is going down, and TI's CPU line is mainly in their phones. a new alliance is formed to replace Win-Tel: QUAL-DROID, with Qualcomm taking over the smartphones CPU market. so where is TI in all that?
Steve Sanghi of Microchip Technology should be on this list. He's the only semi CEO who did not layoff a single employee during 2009-2010 crisis and those loyal employess then turned around and grew his company by 45%. True leadership is at the helm of this highly successful firm that just celebrated it's 80th quarter of profitabilty. Yes 80 quarters... Has any other CEO on the list had that type of track record?
No doubt about Steve jobs, he should be in the list, but c'mon guys, he is already know ww and dominating all known lists.
Why there is nobody from Korea, Samsung's ceo Geesung Choi who is leading his company to top of semicon list, LG new Ceo Koo Bon-joon who is battling hard to get back into business, with success in very short time.
And also where is Doug Grose Ceo of Global foundries, who let his company to win big market share in '10 with huge efforts.
Yeah, who cutted down capacity of company, lost huge business share due to fact of spin offs, no need to talk about depts and created a hocus pocus, ta daa we have new term in the market. I am sorry but Rick Clemmers talent is still premature, in 2011 we would see what NXPs shape will look like after can talk about him...not? :)
I think the author should state the criteria why the people are picked. I believe there are many respectful CEO around but who should the market or industry pay attention very much depend on what view point you're looking at.