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TEXAS INSTRUMENTS’ 1987 NET SALES DECLINED MODERATELY

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.

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CBR Staff Writer

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