Tag Archives: National Semiconductor

TI + National Semi

Posted on by

Everyone else seems to be weighing in on the Texas Instruments-National Semiconductor acquisition, so I thought I’d better do the same.

Depending on whom you speak with, the ramifications could be quite large or not terribly noticeable. 7400 TH Myself, I’m going for pretty much not noticeable. First, we’ve never met a National Semiconductor part that we didn’t like. Second, we’ve never met a Texas Instruments part that we didn’t like. I’m guessing that we’ll never meet a Texas National Semiconductor Instruments part that we don’t like either.

I feel better about the fact that it’s one old-guard company buying up another old-guard than if it were a upstart doing so. That makes this look to be more of a “Boeing buying McDonnell Douglas” than an “AOL buying Time Warner.”

Duane Benson
I have met a blog post that I didn’t like

http://blog.screamingcircuits.com/

A Shout for Halla

Posted on by

Brian Halla’s name doesn’t generate the same level of nods and recognition that goes with, say, Andy Grove, Gordon Moore, Jerry Sanders or Jerry Junkins.

But as the leader of National Semiconductor for the past 13 years, Halla ranks as the dean among his major chipmaker peers. His decision last week to step down should have met with more fanfare than it did.

When he took over National, it was a near-conglomerate, making everything from PCs to a full slate of chips. Much like Intel’s Grove, who eschewed the memory market for microprocessors, and TI’s Junkins, who stuck with memory, Halla opted to bet the farm on analog chips. In retrospect, his decision was fortuitous — and highly profitable.

While other semiconductor makers suffer through steep cycles, Halla’s strategy has paid off with standard company profit margins above 61%, and even during the nadir of the 2008-09 recession, National’s lowest profit margin was 58%.

More important, he has established a veteran management team that will allow for a smooth transition as he steps aside, and his model will likely carry over as a money-maker for years. Like Grove and Junkins, Halla made the tough calls. Here’s hoping history remembers him well.