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TEXAS INSTRUMENTS

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Growatt Sets Up A Joint Laboratory with Texas Instruments for Sustainable Energy Applications

09/09/2021 | 04:45am EDT

Growatt announced that it has set up a joint laboratory with global semiconductor company Texas Instruments (TI) in the city of Shenzhen, China. The joint laboratory aims to support Growatt to use TI's advanced semiconductor technologies and products to achieve an optimized photovoltaic (PV) energy storage solution. By leveraging TI's products and support, R&D engineers from Growatt plan to bring new upgrades and innovations in the energy efficiency, functional safety and intelligent solutions of inverter applications. . For the newly established joint laboratory, TI will recommend products and solutions and provide development tools and resources to help facilitate research and development in sustainable energy applications. With solar being an affordable source of energy generation, and battery storage cost continuously dropping, the establishment of a joint lab between Growatt and TI can help take clean energy technologies to the next level and deliver advanced, smart and powerful energy solutions.


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Financials (USD)
Sales 2021 18 006 M - -
Net income 2021 7 391 M - -
Net cash 2021 1 558 M - -
P/E ratio 2021 25,3x
Yield 2021 2,10%
Capitalization 184 B 184 B -
EV / Sales 2021 10,1x
EV / Sales 2022 9,73x
Nbr of Employees 30 000
Free-Float 52,9%
Chart TEXAS INSTRUMENTS
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Texas Instruments Technical Analysis Chart | TXN | US8825081040 | MarketScreener
Technical analysis trends TEXAS INSTRUMENTS
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 31
Last Close Price 199,38 $
Average target price 204,96 $
Spread / Average Target 2,80%
EPS Revisions
Managers and Directors
Richard K. Templeton Chairman, President & Chief Executive Officer
Rafael R. Lizardi Chief Financial Officer & Senior Vice President
Ahmad S. Bahai Chief Technology Officer & Senior Vice President
Gurshaman S. Baweja Chief Information Officer & Senior Vice President
Haviv Ilan Chief Operating Officer & Executive Vice President
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