Energy | Health | Automotive
From wearable technologies to automotive infotainment systems, from color graphing calculators to advancements in health and medical technology, TI’s advanced analog semiconductors and/or embedded processors power nearly every type of electronic device.
In 2013, we continued our strategic focus on developing products that better harness and more efficiently use energy, advance medical technology, and make automobiles safer and smarter. Why? Because a myriad of challenges exist in each of these areas – challenges that we are eager to help solve.
World energy consumption is expected to jump 56 percent from 2010 to 2040, which calls for a more efficient and reliable power infrastructure, as well as more efficient and reliable industrial and consumer technologies.
TI is positioned to help customers reduce energy consumption, related costs and carbon emissions through its smart grid, automotive, motor control, LED, battery management and ultra-low-power solutions.
Our advancements in wireless power and energy-harvesting technologies are also helping power the Internet of Things, as well as relieve “dead-battery anxiety” that consumers often experience with portable electronics.
With more than $6.5 trillion spent on health care globally each year and 75 percent of health care dollars spent treating chronic diseases in the U.S. alone, numerous opportunities exist for growth and innovation in the medical semiconductor industry, slated to grow to $6.4 billion by 2017.
Not only does the application of advanced semiconductor technologies in medical tools benefit our company, but it can cut costs, improve diagnostic accuracy, and shorten surgical and recovery times. These technologies also expand the reach of modern medical technology from the hospital to the home, and to rural and underdeveloped areas of the world.
TI products facilitate increased portability, wireless connectivity and energy efficiency in medical equipment, and enable life-saving devices and wearable health monitors that allow individuals to take charge of their wellness.
An estimated 1.2 million people die each year in auto accidents worldwide; another 50 million are injured. With the World Health Organization projecting 65 percent more fatalities over the next 20 years, vehicle manufacturers are increasingly using TI technology to implement safety-critical applications.
In our efforts to gain share in the $26 billion worldwide semiconductor automotive market, we released more than 100 analog and embedded products for this key growth area in 2013 alone.
We asked a broad array of product groups to design automotive components that meet the Automotive Electronics Council’s Q100 qualification standards, as well as customer requirements.
Our technologies are making vehicles safer, more intelligent and more efficient, while helping them operate reliably in challenging conditions.