As for Texas Instruments’ computer business, net sales declined moderately in 1987 as lower volume of networked computer systems due to the transition to the new Unix-based products, and lower volume of contract manufacturing, more than offset gains in data terminals and printers – but networked computer systems, data terminals and printers, and consumer electronics operations nevertheless achieved moderate profitability in 1987; industrial automation and artificial intelligence activities operated at a loss because of the high levels of investment and the combined effect of lower volume, profit sharing, and reserves associated with contract manufacturing following the bankruptcy of a major customer – Lisp Machine Inc, presumably, along with continuing investment in new products, caused this part of Texas Instruments’ business to operate at a loss during 1987.
TEXAS INSTRUMENTS’ 1987 NET SALES DECLINED MODERATELY
