Templeton stands down as TI CEO.


Templeton made the crucial decision to pull TI out of digital markets and focus on analogue, to whch end he bought National Semiconductor.

In 2010, in the depths of a chip recession, Templeton bought two Spansion fabs in Aizu-Wakamatsu, Japan and fab equipment from Qimonda’s bankruptcy which gave TI considerable extra capacity to use when the market came back.

It also allowed TI to move a lot of its analogue portfolio onto 300mm wafers to cut costs.

Gross margin was 64% last year.

Templeton is to stay on as chairman.



Source link