Texas Instruments Incorporated (TXN)’s Fourth Quarter and Year-End 2014 Earnings Call Transcript

Those types of things — the full list is out on our website. And we have seen that was up led by medical and healthcare fitness, appliance factory automation and smart grid were also up, from a year ago. Comps equipment was up due to wireless infrastructure and then enterprise systems were up primarily due to projectors. So with that, you have a follow on?

Doug Freedman, RBC Capital Markets

Yes great. I guess for my follow on, just, what are you seeing in terms of any shift in the competitive landscape? I know investors are somewhat concerned over what we are seeing in China from an investment stand point. Is there anything in your market that you are seeing that would point to any change in the competitive landscape?

Kevin March, SVP & Chief Financial Officer

You know Doug, as it relates to China, in particular, because I thought you mentioned it there. We have been in China for a very long time now and we have over a dozen sales and R&D sites there. We have both a wafer fabrication facility and an assembly test site there. In addition we have thousands of customers buying thousands of parts and consequently we become a very important supplier to a large number of Chinese companies across a very diverse set of markets. So we see China to continue to be a great opportunity for TI regardless of any of any of the competitive environment environments out there. Our goal is to operate in China just like we do in the rest of the world which is to make ourselves an integral part of their success, and an indispensable supplier. And we got a great — shall I say, a long way, we are a long way into there already and we felt pretty good about our position.

Dave Pahl VP, Head of Investor Relations

Okay great. Thanks for that question Doug and thank you all for joining us. We look forward to talking to you again on February 4th Capital Management call. A replay of this call is available on our website. Good evening.

Operator

That does conclude today’s conference. Thank you for your participation.