In the second quarter of the 2011 financial year Texas Instruments achieved total sales of 3.46 billion US$ which is 1% below the previous year’s result. The net profit was 672 million US$. Compared with the second quarter of 2010 this was a drop of 13%.
The profit was negatively affected by costs of 50 million US$ which arose in March 2011 as a result of the earthquake in Japan. In addition, there were exceptional expenses of 13 million US$ in connection with the takeover of National Semiconductor.
In the analogue area total sales increased by 5% while embedded sales were up 16%. Total sales in the wireless area were down 23%. All the figures are based on a comparison with the same period of the previous year.