TI ranks second this year in the semiconductor industry category of Fortune magazine's 2011 list of the World's Most Admired Companies.

The list offers insight into TI's reputation in its industry.

In the nine key attributes of reputation for worldwide companies, TI received a No. 1 ranking among semiconductor companies in use of corporate assets, social responsibility, quality of management and long-term investment. It received No. 2 rankings in people management and financial soundness and a No. 3 ranking in global competitiveness. It ranked No. 4 in innovation and quality of products/services.

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Fortune calls its Most Admired list "the definitive report card on corporate reputations."

The magazine worked with the Hay Group, which started with 1,400 companies: the Fortune 1,000 – the 1,000 largest U.S. companies ranked by revenue; non-U.S. companies in Fortune's Global 500 database with revenues of $10 billion or more; and the top foreign companies operating in the U.S.

They sorted the companies by industry and selected the 15 largest for each international industry and the 10 largest for each U.S. industry. A total of 673 companies from 32 countries were surveyed.

To create the 57 industry lists, Hay Group asked executives, directors, and analysts to rate companies in their industry on nine criteria, from investment value to social responsibility.

This year only the best are listed — a company's score must rank in the top half of its industry survey to make the list.

For the complete list of 2011 most admired semiconductor companies, click here. For a complete list of all 350 2011 World's Most Admired Companies, click here.