TI buys semiconductor fab in China

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.

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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.

The fab facility is 120,000 square feet and TI claims it can support about $1 billion in annual revenue. The purchase also included an additional 134,000 square foot fab that is reserved for future production needs. "TI has been committed to serving the China market for 25 years," said Gregg Lowe, TI senior vice president for Analog. "Increasingly, customers there are using TI's analog chips for the real-world functions in their electronic applications. This fab in Chengdu will strengthen our ability to support customers' growing requirements and deliver analog products when and where customers need them."