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Texas Instruments, a semiconductor design and manufacturing enterprise located in Texas, US, announced that its second packaging and testing plant at the manufacturing base in Chengdu, Sichuan Province, will be put into production within the next few months.
Texas Instruments has disbanded its MCU team in China, and relocated the entire MCU product line to India.
Texas Instruments (TI) recently laid off a chip design team in Beijing. This Beijing team of TI is mainly responsible for the development of low-end power chips, with a team size of about 50 people.
During a media communication meeting on March 16, Jiang Han, Vice President of TI and President of TI China, stated that the company's latest objective is to attain $45 billion in revenue by 2030, with the growth rate in China exceeding that of the global growth rate.