Widely known as TI, Texas Instruments is based in Dallas, Texas. It is renowned for developing and commercializing semiconductor and computer technology. TI is the No. 4 manufacturer of semiconductors worldwide after Intel, Samsung and Toshiba, and is the No. 2 supplier of chips for cellular handsets after Qualcomm, and the No. 1 producer of digital signal processors (DSPs) and analog semiconductors, among a wide range of other semiconductor products. Due to very early understanding of the Internet back in spring 1986, the company was the 13th firm to register its domain name, the famous TI.com. It is one of the global brands to be in the VB.com Internet Hall of Fame owning a two letter domain name. As of 2009 the company was listed at number 215 on the Fortune 500.
While CEO of Texas Instruments in 2008, Richard K. Templeton earned a total compensation of $9,623,590, which included a base salary of $960,780, a cash bonus of $1,564,853, stocks granted of $4,468,500, and options granted of $2,397,600. He is a triathlete and an avid reader of history and biography.