4Q14 segment results
|
|
4Q14 |
4Q13 |
Change |
|
Analog: |
|
|
|
|
Revenue |
$ 2,123 |
$ 1,869 |
14% |
|
Operating profit |
$ 822 |
$ 561 |
47% |
|
|
|
|
|
|
Embedded Processing: |
|
|
|
|
Revenue |
$ 670 |
$ 604 |
11% |
|
Operating profit |
$ 114 |
$ 41 |
178% |
|
|
|
|
|
|
Other: |
|
|
|
|
Revenue |
$ 476 |
$ 555 |
-14% |
|
Operating profit* |
$ 164 |
$ 85 |
93% |
|
|
|
|
|
|
* Includes Acquisition charges and Restructuring charges/other. |
Compared with the year-ago quarter:
Analog: (includes High Volume Analog & Logic, Power Management, High Performance Analog and Silicon Valley Analog)
- Revenue increased in all product lines, led by Power Management.
- Operating profit increased primarily due to higher revenue and associated gross profit.
Embedded Processing: (includes Processor, Microcontrollers and Connectivity)
- Revenue increased in all product lines, each of which grew by about the same amount.
- Operating profit increased due to higher revenue and associated gross profit, and lower operating expenses.
Other: (includes DLP® products, custom ASIC products, calculators, royalties and legacy wireless products)
- Revenue declined due to legacy wireless and custom ASIC products.
- Operating profit increased due to lower Restructuring charges/other, which included the gains on sales of assets.
Year 2014 segment results
|
|
2014 |
2013 |
Change |
|
Analog: |
|
|
|
|
Revenue |
$ 8,104 |
$ 7,194 |
13% |
|
Operating profit |
$ 2,786 |
$ 1,859 |
50% |
|
|
|
|
|
|
Embedded Processing: |
|
|
|
|
Revenue |
$ 2,740 |
$ 2,450 |
12% |
|
Operating profit |
$ 384 |
$ 185 |
108% |
|
|
|
|
|
|
Other: |
|
|
|
|
Revenue |
$ 2,201 |
$ 2,561 |
-14% |
|
Operating profit* |
$ 777 |
$ 788 |
-1% |
|
|
|
|
|
|
* Includes Acquisition charges and Restructuring charges/other. |
- Analog revenue increased as all products lines grew, led by Power Management. Operating profit increased primarily due to higher revenue and associated gross profit.
- Embedded Processing revenue increased primarily due to Microcontrollers and Processor. Connectivity also increased. Operating profit increased primarily due to higher revenue and associated gross profit.
- Other revenue declined due to legacy wireless products. Operating profit was about even as reductions in operating expenses were offset by changes in Restructuring charges/other.
