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Texas Instruments and Texas Instruments Foundation raise $758,348 for Japan earthquake relief

Jun 30, 2011

DALLAS (June 30, 2011) -- In the wake of the massive March 11 earthquake in Japan, Texas Instruments (TI) employees, retirees and the Texas Instruments Foundation initiated support of relief efforts, raising a total of $758,348 for the American Red Cross (ARC) Japan Earthquake and Pacific Tsunami Fund.

That figure includes a dollar-for-dollar match of employee and retiree donations by the TI Foundation. In addition, the TI Foundation made a $100,000 donation and TI’s Europe, Middle East & Africa (EMEA) Analog eLAB Business Group donated $1,500.

"The generous gifts from TI employees and retirees around the world express our genuine compassion for the people of Japan," said Ezra Penermon, director of Community Relations for TI.

"The matching gift from the TI Foundation was a tremendous way to augment the outpouring of support for a country where 2,100 fellow TI employees and their families live and work."

TI set up a microsite to make online donations easy to track and match.

TI’s Miho and Aizu sites and its Tokyo offices were affected by the initial magnitude 8.9 earthquake, but no employee injuries were reported.

Initial production lines at Miho resumed in mid-April, and full production will resume in third quarter. TI’s fab in Aizu has returned to full production.

About Texas Instruments Foundation

The Texas Instruments Foundation, founded in 1964, is a non-profit organization providing philanthropic support for educational and charitable purposes primarily in the communities where Texas Instruments operates. While its primary focus is on providing knowledge, skills and programs to improve science, technology, engineering and math education, the Texas Instruments Foundation also invests in health and human services programs that meet the greatest community needs.

About Texas Instruments

Texas Instruments semiconductor innovations help 80,000 customers unlock the possibilities of the world as it could be – smarter, safer, greener, healthier and more fun. Our commitment to building a better future is ingrained in everything we do – from the responsible manufacturing of our semiconductors, to caring for our employees, to giving back inside our communities. This is just the beginning of our story. Learn more at www.ti.com.