Texas Instruments (TXN)

Q4 2010 Earnings Call

January 24, 2011 5:30 pm ET


Kevin March - Chief Financial Officer, Chief Accounting Officer and Senior Vice President

Ron Slaymaker - IR


Shawn Webster - Macquarie Research

James Covello - Goldman Sachs Group Inc.

Uche Orji - UBS Investment Bank

Glen Yeung - Citigroup Inc

Stacy Rasgon - Bernstein Research

Tore Svanberg - Stifel, Nicolaus & Co., Inc.

Jonathan Smigie - Raymond James & Associates

Christopher Danely - JP Morgan Chase & Co

Ross Seymore - Deutsche Bank AG

John Pitzer - Crédit Suisse AG

Timothy Luke - Barclays Capital



Good day and welcome to the Texas Instruments Fourth Quarter and Year End 2010 Earnings Conference Call. At this time, I'd like to turn the conference over to Mr. Ron Slaymaker. Please go ahead, sir.

Ron Slaymaker

Good afternoon and thank you for joining our fourth quarter and year 2010 Earnings Conference Call. As usual, Kevin March, TI's CFO, is with me today. For you to review the release, you can find it on our website at ti.com/ir. This call is being broadcast live over the web and can be accessed through TI's website. A replay will be available through the web.

This call will include forward-looking statements that involve risks and uncertainties that could cause TI's results to differ materially from management's current expectations. We encourage you to review the safe harbor statement contained in the earnings release published today, as well as TI's most recent SEC filings for a more complete description. Our mid-quarter update to our outlook is scheduled this quarter for March 8. We expect to narrow or adjust the revenue and earnings guidance ranges as appropriate with this update.

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