TI expects more than $450 million in annual manufacturing and operational synergies within three years after closing. Ilan said the synergy estimate does not include any revenue synergies, describing the $450 million figure as built on tangible execution plans rather than harder-to-measure revenue assumptions.TI framed manufacturing as a key value driver. Ilan highlighted TI’s internal manufacturing footprint, including low-cost 300-millimeter wafer fabs and internal assembly and test, and said TI plans to ...