The Southwestern Historical Quarterly, Volume 97, July 1993 - April, 1994 Page: 58
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Southwestern Historical Quarterly
The Texas Instruments plant on Lemmon Avenue in Dallas, a few years after the
radio project described in this article. The building, which now houses a sup-
porting machine shop, is still a TI facility. Courtesy Texas Instruments Incorporated.
design changes. The result was the Regency TR-1 radio, which reached
stores by November and sold for $49.95. For Haggerty the effort was less
a matter of proving that an all-transistor radio was feasible than of show-
ing Tom Watson of IBM that TI could manufacture transistors in quanti-
ty, and was therefore a company to be reckoned with in the new
semiconductor industry. According to legend, Haggerty knew he had
achieved his objective when an IBM executive bought several of the ra-
dios and distributed them to other company officials.'
Before it entered the semiconductor field, TI was known for the man-
ufacture of oil equipment and military defense devices. Physicists
Clarence "Doc" Karcher and Eugene McDermott founded the firm in
1924 at Tulsa as the Geophysical Research Corporation (GRC), a sub-
sidiary of Amerada Petroleum, to develop seismic equipment for locat-
Paul D. Davis to Diana Klciner, Mar. 1993; Leo J. Klosterman, Loyd S. Swenson, Jr., and
Sylvia Rose (eds.), One lHundred Years of Science and Technology in Texas: A Sigma Xi Centennial Vol-
ume (Houston: Rice University Press, 1986), 154, 216 -217; T. R. Reid, "Chips and Money: A
Brief History of Texas Instruments," in "The Texas Edison," Texas Monthly, X (July, 1982),
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Texas State Historical Association. The Southwestern Historical Quarterly, Volume 97, July 1993 - April, 1994, periodical, 1994; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth117154/m1/86/: accessed March 29, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Texas State Historical Association.