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Texas Instruments focuses on startups to sell
analog tech |
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10 Oct, 2007, 0250 hrs IST,P P Thimmaya,
TNN |
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BANGALORE: Texas Instruments (TI), the
$13.84 billion technology giant, will increasingly focus on the smaller
enterprises and startups in India especially for its analog
technologies. |
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TI Analog senior VP Gregg Lowe said:
“Our widespread sales footprint in the country enables us to reach out
to smaller enterprises and technology startups.” |
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TI, which was one of the first tech MNC
to start its R&D operations in Bangalore in 1985, has started focusing
on the Indian market for its semiconductor technologies. |
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Mr Lowe said this strategy helps TI in
the long run as they are able to get into such companies at an early
stage and is likely to become its loyal customers. “Small customers are
less price sensitive giving us better profit margins,” he remarked. |
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TI has been taking major strides in
increasing the scope and utilisation of its analog technologies though
at one point there was a debate that analog would phase out with the
increasing use of digital. However, Mr Lowe said that as more things
becomes digital there has been an increasing demand for analog chips. |
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The global market of analog is estimated
to be around $35 billion and is highly fragmented. TI is now expecting a
greater demand for analog in India and is picking on sectors like
industrial and medical electronics to be early adopters. The total
available market for analog in India was $142 million in 2006 and is
expected to go upto $437 million by 2009. |
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Mr Lowe said that the advantage TI has
in the marketplace is that it is able to bring an complete end-to-end
solution. Complementing this is TI’s R&D centre in India, which has
developed the expertise in building the entire solution. |
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The estimated consumption of hardware in
2006 was pegged at Rs 132,000 crore, and the balance demand was met
through imports. |
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Though India does not figure among the top analog
markets for TI, its growth rates are faster than the global average. The
Indian analog market is growing five times the world’s average. In the
same vein, TI is looking to popularise analog technologies through its
academic initiatives. |
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TI India MD Biswadip Mitra said: “We are extending our
existing academic relations programme in digital signal processing
technologies to analog and hopefully every student is a potential
customer for TI.” |
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http://economictimes.indiatimes.com |
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