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NEW YORK (Dow Jones)--Texas Instruments Inc.'s (TXN) second-quarter profit dropped 56% on lower sales and margins, but revenue grew from the first quarter on strong analog chip sales and a seasonal increase in sales of its calculators.

TI also was helped by a return in demand from Asian markets, Chief Financial Officer Kevin March said, although noting that demand in the United States and Europe remain weak.

"In Asia and China, in particular, with the stimulus plan, there does seem to be signs of increased demand," he said.

TI's report, combined with an outlook for the current quarter that topped ...



http://online.wsj.com/article/BT-CO-20090720-713971.html
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