The consequences of March earthquake in Japan has long effect on the business of hard disk drives manufacturers, because in this country was concentrated the production of certain key components.
At the last quarterly report , representatives of Texas Instruments enthusiastically declared that the restoration of Japanese factories company is ahead of schedule, and production has returned to previous levels.
Texas Instruments plans to spend $ 6.5 billion for its acquisition of National Semiconductor. Approval of the deal by the Chinese authorities is the last approvals stage, and to the end of the year all the formalities should be completed. The acquisition will allow National Semiconductor Texas Instruments to expand the range of proposed analog products. In the last quarter, TI was able to increase revenues by increasing solutions segment for embedded systems by 12% and the growth segment of analog products by 3%. The company builds forecast for the third quarter with a cautious optimism.