Digital micromirror device technology, developed by
Larry Hornbeck at Texas Instruments and now used in TI's
Digital Light Processing components. In the mid-1970s,
we were excited by the technology and thought it would
be a short time before system designers began applying
it broadly. Fifteen years later, we were still trying to
find a business model [for it]. It was a nearly blind
leap of faith that led Jerry Ray Junkins, then TI's CEO,
to fund the enormous cost of manufacturing facilities
and development that took the DLP to the next step and
made high-volume display products possible.