Texas Instruments Inc of Dallas’s orders for the third quarter were $2,050m, a 21% increase from last year; orders in its components segment rose 32% with strength across the semiconductor product line in major world regions; digital products segment orders rose 17% from increased demand of notebook computers; higher semiconductors orders offset a decrease in defence electronics orders, a market in which Texas expects long-term stability, improved financial performance and is improving margins: the convergence of the computer, communications and consumer markets is providing more opportunities for semiconductor growth; the company is building a new chip plant in Dallas to bring chips to the market sooner and is accelerating investments in research and development, to $570m in 1993, an increase of $100m from last year; Texas’s micromirror device technology could provide a new business opportunity but will require higher investments to support it, it said.
