Business: Newcomer's Growth

Alongside such oldtime giants as General Electric and Radio Corp. of America, Texas Instruments Inc. is a lusty newcomer in the U.S. electronics industry. But it can hold its own in any competition. Launched in electronics at the close of World War II, the Dallas company by 1954 was a major military producer of germanium transistors as tiny substitutes for standard electronic tubes. Soon after, it produced an even better silicon transistor for military use, then swept into civilian markets with its germanium transistor for the fast-growing pocket-radio and industrial-computer fields. Last week Texins set its sights on still another profitable...

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