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Roseville semiconductor maker spins off design firm [The Sacramento Bee :: ](Sacramento Bee (CA) Via Acquire Media NewsEdge) Sept. 02--A Roseville semiconductor manufacturer has spun off its chip-design operation into a separate business. The new company, TF Semiconductor Solutions, employs a dozen workers and will focus on designing chips for power-management devices, said Duke Walton, vice president for worldwide sales and marketing. TF was spun off from TSI Semiconductors, the chip manufacturer that has operated in Roseville under several different names and ownership groups since the 1980s. "The idea was to separate the two companies and let them do what they do best," said Walton, who had been an executive with TSI before joining the new company. Financial terms weren't disclosed. TF Semiconductor hasn't strayed too far from its roots. The new company is occupying space at TSI's Roseville campus, Walton said. The case was settled and the company, which renamed itself TSI, has stabilized. It employs more than 400 workers. Roger Lee, who was interim president during TSI's recovery, is president and chief executive of the spin-off company. TF Semiconductor employs designers in Torrance and Dover, N.H., and also employs workers in Asia. It has lined up several contracts already. "We're a startup that already some business going for it, and that's a good place to be," Walton said. ------ ___ (c)2014 The Sacramento Bee (Sacramento, Calif.) Visit The Sacramento Bee (Sacramento, Calif.) at www.sacbee.com Distributed by MCT Information Services |