Texas Instruments Inc reported a 1.8 percent fall in quarterly revenue, hurt by weak demand for its chips for communications equipment.
The company's revenue fell to $3.23 billion in the second quarter, from $3.29 billion a year earlier.
Continue Reading Below
Texas Instruments said net income rose to $696 million, or 65 cents per share, in the quarter ended June 30, from $683 million, or 62 cents per share, last year.
(Reporting by Kshitiz Goliya in Bengaluru; Editing by Maju Samuel)