Texas Instruments Inc, Dallas accompanied its figures (page five) with news that it will boost capital spending by $50m, to $700m this year, adding that it was beginning to see gradual improvement in the semiconductor market in Japan while market growth in the US was exceptionally strong in the first half of 1993, growing at a rate well ahead of our earlier projection of 25% for the year; it reckons that growth in the world semiconductor market will likely be more sustainable than in the past, because of different timing of economic recovery in major geographic regions and because firms were being more conservative in adding capacity.
