TI is spending up to $1 billion on chip facility; resurgent company moves to meet new demand, shorter product cycles
Article Abstract:
Texas Instruments Inc (TI) announces plans to spend $750 million to $1 billion to build a semiconductor development and manufacturing plant at the company's headquarters in Dallas. The facility will produce sub-0.25-micron chips, a considerable advance on the present state-of-the-art, 0.50 micron. TI Chmn, Pres and CEO Jerry Junkins said the most important part of the new facility would be the $300 million first phase that will include a production-development center that will cut in half the firm's two- to three-year development and production cycle. Shortening production cycles is vital to a firm in the increasingly competitive electronics business. The first phase, slated for completion by late 1995, will have about 250 workers. The second phase, slated for completion in 1998, TI will add a 382,000-square-foot manufacturing facility and employ 500 workers.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1993
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Tandy bucks retail trend, thinks small
Article Abstract:
Tandy Corp bucks an industrywide trend by planning to open a flock of small computer and electronics stores, including smaller versions of its Computer City superstores and flagship Radio Shack stores. Coming only a year after Tandy announced plans to open a chain of 160,000-square-foot Incredible Universe superstores, this latest move takes surprises most analysts, who give the plan mixed reviews. Some say customers automatically believe they are getting better buys in superstores, but others say the smaller stores will nicely complement Tandy's big stores. Tandy needs to do something new to spur sales; revenue grew only 6 percent from $3.7 billion in 1991 to $3.93 billion in 1992. Tandy still plans to open 16 Computer City stores, which average 25,000 square feet, every year, and expand from two to 17 Incredible Universe stores by late 1995.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
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