Texas Instruments (TXN - Analyst Report) or "TI” recently launched two RF power converters, LM3263 buck converter and LM3279 buck-boost converter, capable of reducing the heat and power consumption in power amplifiers.
The power converters feature MIPI RFFE (RFFE) digital control interface which facilitate strong compatibility with next-generation RF front end chipsets, power amplifiers and reference platforms. They support high linearity and high output power even at low battery voltages. All these features facilitate low power consumption, better thermal management with minimum heat generation.
These new power circuits will help maximize the battery life and increase its longevity, thus expanding usage time for electronic devices. The product is expected to benefit TI as it has wide applications in smartphones, tablets and data cards.
The LM3263 buck converter comes in a 2-mm x 2-mm x 0.6-mm, 16-bump lead-free DSBGA package, with a price tag of 48 cents in 1,000-units. The LM3279 buck-boost converter, comes in a 2-mm x 2.5-mm x 0.6-mm, 16-bump lead-free DSBGA package, priced at 75 cents in 1,000-units.
With the continued rise in the use of smartphones and tablets, product designers are finding it challenging to incorporate advanced features in these devices that are driven by high-capacity batteries.
Consequently, TI’s increasing focus on introducing products that target this market should generate good returns. The company’s endeavor to provide a diverse portfolio targeting different market segments such as smart grid, factory automation, high-voltage power, LED lighting and control are also positives for its future revenue growth.
In the second quarter of fiscal 2013, TI generated total revenue of $3.05 billion, which was up 5.6% sequentially, down 8.6% year over year and in the middle of the recently narrowed guidance range of $2.99 billion to $3.11 billion.
The Analog business grew 5.9% sequentially while declining 3.1% year over year. TI attributed the sequential increase to a resurgent SVA (both industrial and automotive), which the company stated was already gaining market share, ahead of plan.
Texas Instruments has a Zacks Rank #3 (Hold). Other stocks that are performing well at current levels include SanDisk (SNDK - Analyst Report), Syntel Inc. (SYNT - Snapshot Report) and Silicom Ltd. (SILC). All these stocks carry a Zacks Rank #1 (Strong Buy).