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Texas Instruments quarterly revenue rises 12 pct

Oct 24 (Reuters) - Texas Instruments Inc reported a 12 percent rise in quarterly revenue on Tuesday as more automobile and industrial companies used its chips in electronic devices.

The company said net income rose to $1.29 billion, or $1.26 per share, in the third quarter ended Sept. 30, from $1.02 billion, or 98 cents per share, a year earlier.

The company's net revenue rose for the sixth straight quarter to $4.12 billion from $3.68 billion. (Reporting by Aishwarya Venugopal in Bengaluru; Editing by Arun Koyyur)