德州仪器2010年报.pdfVIP

2010 Annual Report Notice of 2011 Annual Meeting Proxy Statement To our shareholders 2010 was the year we began delivering on our potential – the potential products and acquiring new manufacturing capacity at low cost. While for growth and market share gains, as well as the accompanying benefits other companies were opting to shutter manufacturing plants in the to our shareholders that result from our strategy focused on Analog and uncertain economic climate of the past couple of years, we were able Embedded Processing. to buy new capacity at a fraction of its original cost. These investments The numbers tell a clear story of transformation at TI, the result of will support more than $5 billion of additional annual revenue from targeted investments into high-opportunity businesses. This year saw customers around the world. For example, we equipped and began incremental improvements become notable, credible gains. When we production in the world’s first 300-millimeter analog wafer fab in Texas; began this strategic journey in 2006, 52 percent of our revenue came we opened our first wafer fab in China; and we added a new wafer fab from our core businesses of Analog, Embedded Processing and the in Japan. With this new capacity, we can give our customers what they part of Wireless focused on smartphones. By the end of 2010, that need, when they need it. number had jumped to 67 percent, and it will continue to grow in the As our business continues producing significant cash, after years ahead as almost all of our RD dollars are funneled into these investing for growth we’re returning substantial amounts directly to targeted areas.