Templeton stands down as TI CEO.

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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.

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