Texas Instruments (TI) has announced its long-term strategy for its manufacturing base in Chengdu, China, which includes a new package testing project and expansion of existing fabs. TI will gradually invest in the above projects, with a total investment of up to 1.69 billion U.S. dollars, or about 10 billion U.S. dollars, which is expected to include plant, production equipment and land.

Texas Instruments: Investing in Chengdu to Benefit More Than 100,000 Customers Worldwide

Kevin Ritchie, TI's senior vice president and general manager of technology and manufacturing, said: “The cooperation between TI and Chengdu Hi-tech Zone has proven that this area is a wise choice for TI to establish a manufacturing center in China. We believe this area will serve TI and us. 100,000 customers worldwide have great benefits."

Liu Chao, member of the Standing Committee of Chengdu Municipal Party Committee and Party Secretary of Chengdu High-tech Zone, stated that TI's development strategy in Chengdu Hi-tech Zone will enhance the influence of Chengdu's integrated circuit industry in China and around the world, and accelerate Chengdu Hi-tech Zone to create a world-class electronic information industry. The process of the base. Chengdu Hi-tech Zone will provide TI with high-quality government services and fully support TI's investment and development in Chengdu."

TI revealed that the investment plan will not change TI's 2013 capital expenditure forecast. The company’s capital expenditure level will continue to be 4% of annual operating income. When the company's annual operating income exceeds $18 billion, the company's long-term capital expenditure will be between 4% and 7% of annual operating income.

Since establishing the fab in Chengdu in 2010, TI has made significant investments in the Chengdu plant and its surrounding communities. In order to improve teaching conditions in impoverished areas, TI teamed up with the China Youth Development Foundation to establish TI Hope School in the southern county of Sichuan, a national poverty-stricken counties, and is now close to completion. It also donated 30 “TI Hope Projects” to schools in Southern County. library". In addition, TI has donated 50 "TI multimedia classrooms" to schools in poor areas in Sichuan. In addition, TI and its employees donated more than 3.7 million yuan to the Sichuan Wenchuan earthquake and the post-disaster reconstruction of the Lushan earthquake.

TI has served in China for more than 27 years and has a very wide customer base. In addition to the Chengdu fab, TI has established sales and technical support offices in 18 cities and has established product distribution centers in Shanghai.

TI has production operations around the world, including the United States, Mexico, Germany, Scotland, China, Taiwan, Malaysia, Japan and the Philippines.

Chengdu Hi-tech Zone Grasps the Opportunity of “Fortune” to Upgrade IT Industry Level

“The cooperation strategy announced by TI and Chengdu High-tech Zone further demonstrates the advantages of Chengdu in the development of IT industry. We will firmly seize the historical opportunities held by the Fortune Global Forum in Chengdu and upgrade Chengdu High-tech Zone to undertake the global high-tech industry. Advantages of the transfer, adhere to the "two-wheeled drive" of external references, expand the IT industry chain, and further increase the influence of the IT industry in Chengdu Hi-tech Zone on a national and global scale." Liu Chao said Chengdu Hi-tech Zone is promoting "three ventures" In the strategy, it will continue to highlight the leading position of the IT industry, strive to enhance the industrial energy level and magnitude, and build a strong support for Chengdu to become the “core growth pole of the western economy”.

As a major gathering and development area of ​​Chengdu's IT industry, in recent years, Chengdu High-tech Zone has taken advantage of the global high-tech industry transfer, attracting Intel, TI, Dell, Lenovo, Foxconn, Motorola, Corning, Sumitomo, Siemens, and Alcatel. , Microsoft, Ericsson, Hitachi, Nippon Telegraph and Telephone (NTT), UEN, Nokia, MPS, Linde Group, Fujitsu Japan, Symantec and more than 120 world-renowned 500 and internationally renowned companies settled down. As of the end of 2012, nearly 50 of the world's top 500 IT companies settled in Chengdu, ranking first in the midwest cities.