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UPDATE 2-Texas Instruments posts solid 3rd-quarter results, says business healthy

2014-10-21 04:42:18| Electronics - Topix.net

Texas Instruments Inc posted third-quarter results above expectations and its CFO said business was healthy, in contrast to recent concerns on Wall Street about a possible slowdown in chip demand. The Dallas, Texas-based company's growth in the third quarter was driven by demand for chips used in communications equipment, industrial markets and automotive, CFO Kevin March told Reuters in a phone interview.

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