Cyrix and Texas Instruments Inc. plan a new chip
Article Abstract:
Cyrix Corp and Texas Instruments Inc (TI) are developing a microchip to be sold under TI's name that imitates Intel Corp's 80386SX and 80486 microprocessors. The Cyrix CX486SLC is a hybrid of Intel's microprocessors and could serve as the core unit in microcomputer development. TI has a similar agreement with Chips and Technologies Inc, and the Cyrix agreement puts TI in a good position in the lucrative semiconductor market. The announcement saw Intel's stock close down $2 at $53.25, Chips and Technologies' stock close down $1 at $9.375 and TI's stock close up 25 cents to $33 a share. Cyrix's liaison with TI provides its experience in intellectual property litigation with Intel wherein TI testified on behalf of Chips and Technologies. TI has cross-licensing agreements with Intel, which it believes cover patent disputes against Chips and Technologies and, by extension, Cyrix. Intel has already filed suit against Cyrix stating that the licensing agreement with TI does not protect Cyrix.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
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Texas Instruments braces for long-awaited growth: firm to boost production, shift to more-lucrative custom chip market
Article Abstract:
Texas Instruments (TI) executives foresee a turnaround and better times for their company. Overall economic conditions remain slowed, but TI, which has lost almost half a billion dollars during the last six quarters, is leaner now, having cut 8,000 jobs, or about 11 percent of its workforce. According to William P. Weber, who heads TI's semiconductor operations, TI foresees profitability even without any help from an improved economy and markets in 1992. The company's current situation can be traced back to a 1987 decision to increase the company's ability to manufacture complimentary metal-oxide semiconductor (CMOS) submicron memory chips. This put TI into direct competition with Japanese companies, and both TI and the Japanese have, so far, lost money. Conditions now, however, are such that TI is well positioned, and if economic conditions improve, TI's growth could be rapid.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
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Comment about this article or add new information about this topic:
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