Texas Instruments (TXN - Free Report) , or "TI,” recently launched two new amplifiers, THS4531A and THS4532, capable of delivering power savings of up to 80%.
TI’s new amplifiers THS4531A and THS4532 are designed for data acquisition systems and high-density applications such as test and measurement equipment, and digital and ultrasonic water flow meters wherein power consumption is quite high.
TI’s new amplifiers come with a bandwidth of 36 MHz, maximum offset voltage of 0.4 mV and slew rate of 200 volts per micro-second (V/us). All these features facilitate low power consumption, noise and distortion. It comes with a price tag of $1.55 per 1000 units.
TI’s increasing focus on new products should generate good returns. The company’s 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 first quarter of fiscal 2013, TI generated total revenue of $2.89 billion, which was down 3.2% sequentially and 7.6% year over year (toward the higher end of the narrowed guidance range of $2.80 billion to $2.91 billion). The Analog business fell 1.3% sequentially and 2.3% year over year.
TI attributed the year-over-year decline primarily to SVA, which continues to shift to a consignment model. HVAL and HPA also declined but were offset by an increase in the power management product line.
Texas Instruments has a Zacks Rank #3 (Hold). Other semiconductor stocks that are worth considering include STMicroelectronics NV (STM - Free Report) , Microchip Technology Inc. (MCHP - Free Report) and Intersil Corp. (ISIL - Free Report) . STMicroelectronics has a Zacks Rank #1 (Strong Buy) while Microchip and Intersil have a Zacks Rank #2 (Buy).