TI's New LED Drivers for Automobiles

Zacks

Texas Instruments (TXN), or "TI,” recently launched an LED driver, TPS92690 for automotive headlamps, fog lights and general-purpose area lighting.

TI’s TPS92690 is a high-power, multi-topology DC/DC LED driver with adjustable switching frequency. This provides designers flexibility and low electro-magnetic interference (EMI) while designing lights for automobiles and general-purpose area lighting.  

Further, the TPS92690 LED driver comes with an adjustable switching frequency of up to 2 MHz. This along with a current sense threshold enable designers to customize LED drive electronics for small size, high efficiency or a combination of both.  It is equipped with pulse-width modulation (:PWM), analog inputs interface and regular dimming control to execute thermal foldback or adjust LED current.  It comes with a price tag of $1.55 per 1000 units.

TI’s increasing focus on new products should generate good returns. The company’s diverse portfolio targeting different market segments such as smart grid, factory automation, high-voltage power, LED lighting and control are also positives for its future revenue growth.

In the first quarter of fiscal 2013, TI generated total revenue of $2.89 billion, which was down3.2% sequentially and 7.6% year over year (toward the higher end of the 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 an increase in the power management product line.

Texas Instruments has a Zacks Rank #3 (Hold). Other semiconductor stocks that are worth considering include STMicroelectronics NV (STM), Microchip Technology Inc. (MCHP) and Intersil Corp. (ISIL). STMicroelectronics has a Zacks Rank #1 (Strong Buy) while Microchip and Intersil have a Zacks Rank #2 (Buy).

Read the Full Research Report on TXN

Read the Full Research Report on STM

Read the Full Research Report on MCHP

Read the Full Research Report on ISIL

Zacks Investment Research



More From Zacks.com

Rates

View Comments (0)