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SAN FRANCISCO, Oct 21 (Reuters) – Texas Instruments Inc
posted third-quarter net income of $629 million, or 56
cents a share, compared to $784 million, or 67 cents a share, in
the year-ago quarter as it winds down its wireless business and
focuses more on analog chips.
TI said on Monday third-quarter revenue was $3.244 billion,
compared to $3.390 billion in the same quarter last year.
Analysts on average had expected $3.226 billion, according to
Thomson Reuters I/B/E/S.
