What is time-division multiplexing?

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A second type of multiplexing is time-division multiplexing in which successive small time intervals are used for the transmission of messages over a single channel. Time-division multiplexing is often used in the construction of digital computers. When information can be stored into or retrieved from the computer's memory at a much greater rate than it can be supplied or used by an external device such as a card reader printer or teletype terminal several such low-speed devices can share a single multiplexed data channel.

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