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TLC6C5912: Driver for 4 digit 7 segment display.

Part Number: TLC6C5912
Other Parts Discussed in Thread: TLC5920

Hello there,

I've been using the 4 digit 7 segment common cathode display like this :- 

https://www.lumex.com/content/files/ProductAttachment/LDQ-N516RI.pdf

And I was using Maxim's MAX7219CWG+ IC for driving the LEDs of the display.

I was searching for an alternate of this LED driver IC from TI. I was going through TI portfolio of serially interfaced LED drivers and found that maybe TLC6C5912 could be used.

I have some doubts regarding the following:-

1. Whether TLC6C5912 can switch the LEDs perfectly so that we can display a 4 digit number on the display.

2. Whether it can latch the display data that has been sent serially by the host controller like MAX7219 could do so that host is free to do other tasks than continuously loading the serial input buffer of the driver.

3. Whether I could use a single resistor for limiting the current on each channel rather than using multiple resistors for each channel.

4. If I can get an error detection when any channel isn't working caused either by a short circuit, open circuit condition. (Not necessary the driver should have that feature, but if it can have then it will be an advantage).

I seriously need the replacement of this Maxim IC as it is very costly for my design. Help is required.