Texas Instruments makes all sorts of chips for a vast range of devices running from mobile phones and set top boxes to other electronic devices that you probably don't even know they work with. TI runs its own fabs where it builds its chips itself rather than being a fabless semiconductor firm like some that farm out the actual construction of their chips to someone else.
TI has announced today that it has acquired a new analog semiconductor fab in China. The fab is the first that TI has in China, is located in Chengdu, and will be known as TI Chengdu. The fab is a fully equipped 200mm fabrication facility and TI purchased the fab from Cension Semiconductor Manufacturing Company at an undisclosed price.