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TI is a global semiconductor design and manufacturing company. Sorry, we just need to make sure you’re not a robot. This article is about industry in relation to economics. The article should be split according to different meanings of the word “industry”. The major source of revenue of a group or company is the indicator of its relevant industry. When a large group has multiple sources of revenue generation, it is considered to be working in different industries. Industries, the countries they reside in, and the economies of those countries are interlinked in a complex web of interdependence.
Industries can be classified in a variety of ways. Over time, the fraction of a society’s industry within each sector changes. These classification systems commonly divide industries according to similar functions and markets and identify businesses producing related products. ISIC is a standard classification of economic activities arranged so that entities can be classified according to the activity they carry out.