2004 annual report 909329adpgc_cvr 3 05 09 pm page 1 detail clarity and reliability at an affordable price the long term potential is significant given early stage of digital tv deployment dlp technology s compelling benefits for ti high performance analog products it a profitable paradox that more world shifts to our customers need functionality critical tasks such as data conversion amplification power manage ment in roughly half revenue came from introduced last few years clearly delivering what demand this promising market course there are challenges presented real test manufacturing strategy which combines internal foundry capacity year helped meet surging while maintaining disciplined capital spending then when semiconductor inventories built up second we were able make quick adjustments reduced inventory even maintained utilization levels most advanced facilities celebrates its 75th anniversary 2005 look back with pride on first commercial production
