TI Sees Good Returns

Texas Instruments Inc. recorded Q3 net profit of $1.3 billion, up 26% from $1.0 billion, on turnover which rose 12% to $4.1 billion from $3.7 billion. For the first three quarters there were profits of $3.3 billion, an increase of 31%, on revenue of $11.2 billion, up 13%. TI said that the rise in profits was due to a good product portfolio and efficient manufacturing.