The Development of Geophysical Service Incorporated

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Texas Instruments, based in Dallas, Texas, founded in 1930 under the name Geophysical Service Incorporated by Eugene McDermott and Clarence Kracher. Back than, GSI was one of the pioneer companies to deal and provide seismic exploration for the petroleum industry. The oil and petroleum market wasn’t stable back than leading GSI to search for other directions. In 1939, GSI had made some major setting changes and became a subsidiary of Coronado Corporation, an oil company. After being a part of Coronado Corporation for three years, Eugene McDermott and three other GSI employees, Erik Jonsson, H.B. Peakcock, and Cecil Green bought full ownership back from Cornado Corporation. During that time GSI was a pioneer of electronic engineering market, and when World War 2 started, GSI had already signed a significant contracts with the U.S military. In 1951, after few years providing contracts to the U.S. military, GSI have decided to made few more setting changes and went under reformatting. Ultimately, the company name was changed to Texas Instruments, and the company incorporated by Eugene McDermott, Erik Jonsson, Cecil Green, and Patrick Haggerty, who has join GSI shortly after World War 2 ended. Since then Texas Instruments has been considered to be the pioneer of electronic industry. Texas instruments have been known for its many innovations, theses innovations has change the world from one side to the other, and without these unique innovations, the world would have probably looks different. What would the world have done without the radio transistor, or without handheld calculator we would never know, but we do know that these kinds of innovations have put Texas Instruments on the world map. Early in 1954 Texas Instruments have inven...

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... of its profits generated out side of the U.S, during the years 2011 and 2012 the company revenues from outside of the U.S. has declined in a little bit and as of 2012 the company had 86% of their revenues generated outside of the U.S region. As a company that achieve almost 90% of their total revenues out side of their home country, we see clear that Texas Instruments is a company that seeks for globalization and promotes its principles. With the South Korean Ministry of Education (MOA) is planning on spending 2 billion dollars on education infrastructure to provide its students better tools to perform in the real world. And the fact that we know the South Korean culture truly appreciate the value of higher education, it is almost essential for Texas Instruments to jump on this opportunity and provide their unique product for the benefit of the South Korean culture.

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