TE Connectivity
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| Type | Public |
|---|---|
| Traded as | NYSE: TEL[1] S&P 500 Component |
| Industry | Electronics |
| Founded | 2007 |
| Headquarters | Schaffhausen, Switzerland[1] |
| Key people | Tom Lynch, CEO |
| Products | Electronics, Electronic Components, Networking |
| Revenue | ca. USD 12.0 billion (Fiscal 2010) |
| Website | http://www.te.com |
| References: [1] | |
TE Connectivity, Ltd., previously known as Tyco Electronics, Ltd., and formerly a segment of Tyco International, is a leading global provider of engineered electronic components, network solutions, undersea telecommunication systems, and specialty products for customers in more than 150 countries. The company designs, manufactures and markets products for customers in a variety of industries including automotive; data communication systems and consumer electronics; telecommunications; aerospace, defense and marine; medical; energy; and lighting.
Contents |
[edit] History
On June 29, 2007, Tyco International was split and Tyco Electronics, along with Covidien, became separate, independently-traded public companies. The new independent company was known as Tyco Electronics Ltd. On March 10, 2011, the company changed its name to TE Connectivity, Ltd. which the company says it feels is more relevant to its position as a component and communications manufacturer.[2][3]
[edit] Structure
As an independent company, TE Connectivity consists of three business segments (as of 2010[update]):
- Transportation Solutions (40%)
- Communications & Industrial Solutions (40%)
- Network Solutions (20%)
Total: USD12.1 billion
As of 2010[update], the company has 97,000 employees operating in almost 50 countries. In the United States, the company employs 200 in Berwyn, Pennsylvania and 4,000 in Pennsylvania.[1]
Sales by region (as of 2010[update]) were: Europe/Middle East/Africa (35%), Americas (31%), Asia Pacific (34%).
[edit] See also
[edit] References
- ^ a b c d Peter Key (15 September 2011), "TE Connectivity cutting 660 jobs worldwide, six in Berwyn", Philadelphia Business Journal (American City Business Journals), archived from the original on 16 September 2011, http://www.webcitation.org/61jVP0Gvc, retrieved 16 September 2011
- ^ "Tyco Electronics Is Now TE Connectivity Ltd." (Press release). TE Connectivity. 10 March 2011. http://newsroom.tycoelectronics.com/index.php?s=43&item=379. Retrieved 10 March 2011.
- ^ Seth Jayson (26 February 2011), Does Tyco Electronics Miss the Grade?, The Motley Fool, http://www.fool.com/investing/general/2011/02/26/does-tyco-electronics-miss-the-grade.aspx
