Texas Instruments (TXN - Analyst Report) or "TI” recently launched two low-dropout (LDO) linear voltage regulators, 250-mA LP5907 and 800-mA LP38798.
TI’s 250-mA LP5907 LDO comes with unique features such as ultra-low noise, high power supply rejection ratio (PSRR), low current and low line. Currently, these are the growing requirements found in radio frequency (RF) and analog circuits used in mobile handsets, tablets and WiFi devices.
Further, TI’s 800-mA LP38798 LDO is designed to meet the sensitive RF and analog circuitry found in basestations. Texas Instruments offers a wide range of LDOs such as high voltage and high current LDOs, low noise LDOs, wide operating range LDOs and small packaged ones.
TI and its official distributors are already offering both the voltage regulators in varying packages. While the 250-mA LP5907 LDO comes with a price tag of 23 cents, the 800-mA LP38798 LDO costs $1.30.
Thus, TI’s constant endeavour to provide a diverse portfolio targeting different applications such as smart grid, factory automation, high-voltage power, LED lighting and control may boost its revenue growth in the future.
In the first quarter of fiscal 2013, TI generated total revenue of $2.89 billion, which was down 3.2% sequentially and 7.6% year over year (slightly better than the mid-point of the recently narrowed guidance range of $2.80 billion to $2.91 billion).
The Analog business fell 1.3% sequentially and 2.3% year over year. TI attributed the year-over-year decline primarily to SVA, which continues to shift to a consignment model. HVAL and HPA also declined but were offset by increase in the power management product line.
Texas Instruments has a Zacks Rank #3 (Hold). Other semiconductor stocks that are equally worth considering include Linear Technology Corp. (LLTC - Analyst Report), ON Semiconductor Corp. and Intersil Corp. (ISIL - Snapshot Report), all carrying a Zacks Rank #2 (Buy).