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In 1939, the company reorganized as Coronado Corp, an oil company with Geophysical Service Inc (GSI), now as a subsidiary.
On December 6, 1941, Eugene McDermott, Cecil Green, Erik Jonsson, and H.B. Peacock bought GSI.
Texas Instruments entered the defense electronics market in 1942 with submarine detection equipment, based on the seismic exploration technology previously developed for the oil industry.
In November 1945, Patrick Haggerty was hired as general manager of the Laboratory and Manufacturing (L&M) division, which focused on electronic equipment.
1946: Patrick E. Haggerty joins the company; the Laboratory and Manufacturing (L&M) division is created.
The new building opened in 1947.
In 1949 Texas Instruments was still a relatively small company with $6 million in sales.
The grown junction transistor was invented at Bell Laboratories in April 1950 by Morgan Sparks and was an important verification of Shockley’s theory of the junction transistor.
The alloy junction transistor was invented by John Saby at General Electric in March 1951.
In 1951, the company was once again reorganized and named General Instruments.
Hall R 1952 P-N Junctions Produced by Growth Rate Variation Phys Rev 88 139
In early 1952, Texas Instruments purchased a patent license to produce germanium transistors from Western Electric, the manufacturing arm of AT&T, for $25,000, beginning production by the end of the year.
On January 1, 1953, Haggerty brought Gordon Teal to the company as a research director.
Advertising from Electronics March 1953 courtesy Joe Knight.
They were produced by D D “Mac” McBride who started at Texas Instruments in July 1953.
1953: October 1 - TI's stock is listed on New York Stock Exchange.
The new Regency Radio was introduced in late 1954 and became the hot gift item of the 1954 Christmas season.
The device was first developed in 1955 as the X-36 for a servo-amplifier by increasing the cross section of the bar to 125 mils square giving nearly 5 times the cross sectional area of the first silicon transistors and soldering the collector end to a copper header.
By 1956 the alloy junction range was extended using JEDEC type numbers and included:
Lee C 1956 A High Frequency Diffused Base Germanium Transistor Bell Sys Tech 35 23-34
In 1957 the 900 series were replaced by JEDEC types
Wolff E and Anderson R 1957 Diffused Fifty-Watt Silicon Power Transistors Proc IRE 1957 WESCON Record Part 3 40-7
Fortuitously for TI, the United States Air Force began a major program to close the “missile gap” following the launch in 1957 of a ballistic missile by the Soviet Union.
Electronics Design Strategy News 1958 Self-contained TV receiver uses 24 transistors EDN September 1, 1958 http://www.edn.com/article/463621-Self_contained_TV_receiver_uses_24_transistors.php
In 1958, Patrick Haggerty was named to succeed Jonsson as president.
Texas Instruments first started to develop an integrated circuit in 1958.
Jack Kilby, an employee at TI's Central Research Labs, invented the integrated circuit in 1958.
Advertisement from Proc IRE from February 1959 Courtesy Joe Knight
In the 1960s, Texas Instruments began developing laser-guided bombs (LGB), the first being BOLT-117.
Teal quotes Fortune magazine for November 1961:
In 1964 the Texas Instruments Foundation was started as a separate, nonprofit organization.
Haggerty wanted to develop mass consumer applications for ICs, and so in 1965 he commissioned Kilby to design an affordable electronic pocket calculator.
In 1966, Haggerty was elected chairman of TI's board when Jonsson left to become mayor of Dallas.
By 1967, the same year that Haggerty became TI’s chairman, Kilby succeeded in inventing the basic design for hand-held calculators.
Another important breakthrough came in 1969, when IBM began using integrated circuits in all its computers.
1969: IBM begins using integrated circuits in all of its computers.
1970: The single-chip microprocessor is developed.
Bowmar Instruments had been selling a calculator that used TI-made chips since 1971.
Mark Shepherd was named chairman of the board upon Patrick Haggerty's retirement in 1976, and J. Fred Bucy, who had worked in almost all of TI's major business areas, was named president and remained chief operating officer.
TI’s sales rose almost vertically; the company was suddenly in the big leagues.” [Teal 1976]
When low-cost Asian imports flooded the market in 1978, however, Texas Instruments began to lose its dominant position.
1978: Speak & Spell, an educational device using TI's new speech-synthesis technology, is launched.
In 1978, Texas Instruments introduced the first single-chip linear predictive coding speech synthesizer.
The germanium alloy transistor operations were shut down on June 1, 1979.
1979: The firm begins selling home computers.
Texas Instruments 1980 Proc 25th Anniversary Observance of the Transistor Radio and Silicon Transistor, March 17th 1980
Haggerty continued as general director and honorary chairman until his death in 1980.
1981: TI's corporate quality director is appointed, heralding the start of a Total Quality focus.
Motorola, which originally developed the Six Sigma methodology, began this work in 1982.
By the time the 99/4A was withdrawn from the market, TI's usual competitive-pricing strategy had reduced the computer's retail price below the company's production cost, causing TI's first-ever loss, $145 million, in 1983.
Goldstein A 1984 “Finding the Best Material: Gordon Teal as Inventor and Manager,” in Sparks of Genius: Portraits of Electrical Engineering Excellence, ed.
Wolff M 1985 The Secret six-month project IEEE Spectrum December 1985 64-9
The company recorded yet another $100 million-plus loss in 1985.
Everyone was quite impressed with that, but that would not cut the mustard because of the cost of manufacture of the silicon transistors.” [Wolff 1985]
In 1986 Texas Instruments was threatened by the tremendous worldwide expansion in memory chip capacity.
Geophysical Service Inc. became a subsidiary of Texas Instruments in the reorganization, which it remained until early 1988, when most of the company was sold to the Halliburton Company.
In late 1988, Texas Instruments announced plans to join Japan’s Hitachi, Ltd. in developing 16-megabit DRAM technology.
A 1990 partnership with the Italian government allowed the shared construction expenses of a $1.2 billion plant.
Why should you make something out of silicon when you already have germanium?” [Goldstein 1991]
Goldstein 1991 Gordon K. Teal, Electrical Engineer, an oral history, IEEE History Center, Rutgers University, New Brunswick, NJ, USA.
Pies D 1991 Regency's Development of the TR-1 Transistor Radio http://www.regencytr1.com/Regency_Early_Years.html
In 1991, the military microwave integrated circuit program was initiated – a joint effort with Raytheon.
In 1992, the firm won the coveted Malcolm Baldrige National Quality Award in manufacturing and adopted the Baldrige criteria as its quality standards.
In 1992, the DSEG division of Texas Instruments' quality-improvement efforts were rewarded by winning the Malcolm Baldrige National Quality Award for manufacturing.
Davis P Kleiner D 1993 The Breakthrough Breadboard Feasibility Model: The Development of the First All-Transistor Radio The Southwestern Historical Quarterly
In 1993 the company formed its Digital Imaging division to commercialize the invention.
Joint ventures with Samsung Electronics Co., Ltd. and Hitachi, Ltd. in 1994 split the costs of building semiconductor plants in Portugal and the United States, respectively.
In 1994, it launched the multimedia video processor, the first single chip processor to become available commercially that combined multiple parallel DSP and RISC chips.
haber, carol. "ti defense sell-off would suit street." electronic news, 11 november 1996.
Operating margins (operating income as a percentage of revenue) rose to 12.4 from 8.7 percent in 1996.
In January 1997 it agreed to sell its defense electronics business to Raytheon and its notebook-computer business to Acer.
haber, carol, and richard bruner. "raytheon nabs ti unit; hughes next?" electronic news, 13 january 1997.
blodgett, mindy. "mobile merger mania." computerworld, 3 february 1997.
When questioned about the company's rapid movements in a 1997 Electronic Business article, Engibous commented "a tragedy like that--referring to Junkins' death--causes you to spend time reflecting.
In 1997, Texas Instruments sold its defense industry to Raytheon.
They did a very good job; it was very open and really very helpful.” [Cited in Riordan 1997]
By 1997 TI’s revenue from DSPs—the control units in digital cellular telephones, automobile brake systems, stereophonic sound systems, and computer modems—exceeded $1.4 billion.
In 1997 however, both investors and the financial press, including Forbes, were excited about the company's direction.
Sales in 1997 broke down this way: United States, 33 percent; Japan, 20 percent; Singapore, 11 percent; all other countries, 36 percent.
In March 1998 Texas Instruments pulled out of a joint venture with The Acer Group to produce DRAM chips.
"texas instruments incorporated." hoover's online, 22 july 1998. available at http://www.hoovers.com.
In a rationalisation of the businesses of each party and to assist IDEA’s cash flow, the Radell resistor manufacturing Division of IDEA was sold to TI. [Pies 1998]
1999: TI's eXpressDSP(TM) Real-time Software technology is released.
The first DLP-based projection systems soon followed, and in 2001 Mitsubishi introduced the first DLP HDTV (high-definition television). It also opened new design and fabrication facilities in 1999 in China, Denmark, and Israel.
The company's main businesses include semiconductors, which accounted for 87 percent of revenues in 2000; educational and productivity solutions; sensors and controls; and digital light processing (DLP) products.
During 2000, the firm purchased Toccata Technology ApS, Burr-Brown Corp., Alantro Communications, and Dot Wireless Inc.
Millis E 2000 TI, the Transistor and me Ed Millis Books, Dallas
Kilby also won the 2000 Nobel Prize in Physics for his part of the invention of the integrated circuit.
In 2000, Texas Instruments first implemented an e-commerce platform on TI.com as a way to sell its Code Composer Studio™ software tool directly to customers.
Ward J 2001 Oral History of Elmer Wolff August 2001
2001: Sales and profits drop dramatically due to a fallout in the semiconductor industry.
The combination of these attributes opened up a wider range of potential uses and applications.” [Ward 2001]
The first DLP-based projection systems soon followed, and in 2001 Mitsubishi introduced the first DLP HDTV (high-definition television).
Ward J 2002 Oral History of D D McBride taken January 2002 http://www.semiconductormuseum.com/Transistors/TexasInstruments/OralHistories/McBride/McBride_Index.htm
Heavily dependent on that segment, TI's profits began to drop off dramatically and were not expected to return until sometime in 2003.
Texas Instruments Incorporated 1ed 2005
Pirtle C 2005 Engineering the World: Stories from the First 75 Years of Texas Instruments.
Millis E 2006 Cornelison Crystal Puller Sketch 14th March 2006 Unpublished
In 2006, Bain Capital LLC, a private equity firm, purchased the Sensors & Controls division for $3.0 billion in cash.
TI's first power transistors were the 356 and 356A rated at 12 watts which became the 2N250 and 2N251. [Knight 2007]
Tanebaum M 2008 First-Hand: Beginning of the Silicon Age IEEE Global History Network August 2008
With the acquisition of National Semiconductor in 2011, Texas Instruments has become the biggest manufacturer of analog technology in the world.
Lastly the top of the transistor was masked out to the aluminium ring and the bottom similarly and the sides etched back to create the final transistor. [Millis 2011 Citing Wolff] Full details are given here.
In 2011, Intel, Samsung, LG, ST-Ericsson, Huawei's HiSilicon Technologies subsidiary, Via Telecom, and three other undisclosed chipmakers licensed the C2C link specification developed by Arteris Inc. and Texas Instruments.
"Texas Instruments Inc. ." International Directory of Company Histories. . Encyclopedia.com. (June 21, 2022). https://www.encyclopedia.com/books/politics-and-business-magazines/texas-instruments-inc-0
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| STMicroelectronics | 1987 | $16.1B | 46,000 | 14 |
| Intel | 1968 | $53.1B | 121,100 | 419 |
| Microchip Technology | 1989 | $7.6B | 19,500 | 189 |
| National Semiconductor | 1959 | $1.4B | 5,800 | - |
| Xilinx | 1984 | $3.1B | 4,891 | - |
| Dell | 1984 | $95.6B | 165,000 | 145 |
| Librato, Inc. | - | $13.0B | 63,800 | - |
| IBM | 1911 | $62.8B | 270,000 | 4,154 |
| Conexant | 1996 | $112.0M | 312 | - |
| Amd | 1969 | $25.8B | 15,500 | 552 |
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