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TEXAS INSTRUMENTS (TXN)
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Texas Instruments : memsstar Recognized by Texas Instruments with 2017 Supplier Excellence Award

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04/20/2018 | 02:43pm CEST

(GlobeNewswire) - memsstar Ltd., a leading provider of etch and deposition equipment to manufacturers of semiconductors and micro-electrical mechanical systems (MEMS), has received the Texas Instruments (TI) 2017 Supplier Excellence Award. The annual award honors companies whose dedication and commitment in supplying products and services meet TIs high standards for excellence. Recipients are an elite group of suppliers chosen for their exemplary performance in the areas of Cost, Environmental & Social Responsibility, Technology, Responsiveness, Assurance of Supply, and Quality. memsstar was recognized for its delivery of wafer fab equipment and installation.

At Texas Instruments, we rely on our suppliers to produce the products our customers want. While we do business with more than 11,000 suppliers, there are a select few that we recognize as the very best, and memsstar Ltd.is one of them, said Rob Simpson, Vice President, Worldwide Procurement and Logistics, Texas Instruments. To achieve this honor, memsstar Ltd. demonstrated throughout 2017 its commitment to the highest level of ethical behavior, as well as exceptional performance in the areas of cost, environmental and social responsibility, technology, responsiveness, assurance of supply and quality.

memsstar is in the business of supplying exceptional equipment and service, and to be recognized for our efforts in this area, by a top-tier customer, is rewarding and inspiring, said Tony McKie, memsstar CEO. Its a testament to the level of commitment from our engineers, our sales and our services teams, and I thank them for their dedication in producing a quality experience for TI.

About memsstar Limited

memsstar Limited is a leading provider of deposition and etch equipment and technology products and services to manufacturers of semiconductors and micro-electrical mechanical systems (MEMS). The companys remanufactured etch and deposition equipment and its proprietary technology solutions support the European semiconductor market and the global MEMS market. memsstar delivers proprietary process technology and equipment to help the MEMS industry meet the challenges of developing and manufacturing increasingly complex and integrated MEMS devices. http://www.memsstar.com/

Company Contact

Tony McKie

memsstar

PR Contact

Trine Pierik

Kiterocket

(c) Copyright: Arab News 2018 All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2018 15 663 M
EBIT 2018 6 492 M
Net income 2018 4 995 M
Finance 2018 1 089 M
Yield 2018 2,48%
P/E ratio 2018 20,10
P/E ratio 2019 17,70
EV / Sales 2018 6,20x
EV / Sales 2019 5,93x
Capitalization 98 271 M
Chart TEXAS INSTRUMENTS
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Texas Instruments Technical Analysis Chart | TXN | US8825081040 | 4-Traders
Technical analysis trends TEXAS INSTRUMENTS
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Mean consensus HOLD
Number of Analysts 33
Average target price 117 $
Spread / Average Target 17%
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Managers
NameTitle
Richard K. Templeton Chairman, President & Chief Executive Officer
Brian T. Crutcher Chief Operating Officer & Director
Rafael R. Lizardi Chief Financial & Accounting Officer, Senior VP
Ellen L. Barker Chief Information Officer & Vice President
Carrie Smith Cox Independent Director
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