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Texas Instruments posts slightly higher Q2 profit on lower revenue, warns of a worse Q3

2015-07-23 00:40:57| Electronics - Topix.net

As Texas Instruments Inc. warned three months ago, its second-quarter financial results were lukewarm and it forecast that the July-to-September quarter will be even worse. The Dallas-based chipmaker today reported a slightly higher second-quarter profit on lower revenue as the company continued to battle weak demand in certain areas and big drops in foreign currency exchange rates relative to the strong U.S. dollar.

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