Texas Instruments reported a significant increase in profits
Company Texas Instruments Incorporated has published a report on the results of the first quarter of the 2017 financial year.
Semiconductor giant earned for the three months of $ 3.4 billion, increasing the rate at an annual rate of 13%. Operating profit for the year increased by 27% to 1,252 billion dollars. Net profit amounted to 997 million dollars that on 40% exceeds an indicator of last year.
Analogue solutions has brought the company 2,256 billion dollars in revenue, which is 20% more than the year before. Revenue from sales of embedded solutions increased 10%, to 803 million dollars. Other types of goods brought to the manufacturer 343 million dollars.