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TI Launches Stepper Motor Pre-Driver

Zacks Equity Research

Texas Instruments (TXN) or “TI” recently launched its first integrated stepper motor pre-driver named DRV8711. The device has been designed for use in office automation, robotics, ATM machines, video surveillance equipment and industrial applications such as textile machinery. The addition of this device will expand the company’s motor driver portfolio.

DRV8711 can be configured to increase design flexibility and output, control heat generation,and thereby reduce costs.

A stepper motor or step motor is a brushless DC electric motor that divides a full rotation into a number of equal steps. Stepper motors have numerous sharp-edged electromagnets around a central piece of iron, shaped like a gear. These electromagnets are charged through an external circuit to turn the motor shaft.

Texas Instruments engages in the design, manufacture and sale of semiconductors to electronics designers and manufacturers worldwide. The company operates in four segments, namely, Analog, Embedded Processing, Wireless and Other. Over the past few years, TI has undergone a strategic transformation, increasing focus on its Analog and Embedded Processing segments.

In the second quarter of fiscal 2013, TI generated total revenue of $3.05 billion, which was up 5.6% sequentially but down 8.6% year over year and at the mid-point of the narrowed guidance range of $2.99 billion to $3.11 billion.

Texas Instruments has a Zacks Rank #3 (Hold). Other semiconductor stocks that are worth considering are Microchip Technology Inc (MCHP) with a Zacks Rank # 2 (Buy) and Intersil Corp (ISIL) and Sandisk CP (SNDK) with a Zacks Rank #1 (Strong Buy).

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