Friday, January 19, 2007
Texas Instruments predicts sales at its cell phone chip unit will grow, mostly of cheap phones.
TAIPEI (Reuters) – Global sales of mobile phones are expected to grow to between 1.1 billion and 1.2 billion units in 2007, up as much as 20 percent from about 1 billion units sold last year, a Texas Instruments official said on Friday.
?We are optimistic on the growth momentum of low-price mobile phones,? Terry Cheng, the president of Texas Instruments Inc. (TI) Asia, told Reuters on the sidelines of a seminar in Taipei. TI is the world?s biggest cell phone chip maker.?The company has shipped large amounts of chips for low-price mobile phones since November and December last year, which will help boost our business significantly this year,? he said.
TI established its Asia headquarters in Taiwan in 1994.
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