TE Connectivity Ltd. (Formerly Tyco Electronics Ltd.)

Company Profile

■URL

https://www.te.com/usa-en/

■Address

Mühlenstrasse 26, Ch-8200 Schaffhausen, Switzerland

Business Overview

-The Company is a global technological leader in providing connectivity and sensor solutions across a number of different markets, including the automotive, industrial, medical, energy and data communication markets.

-The Company operates through three reportable segments. Its Transportation Solutions segment serves the automotive industry among other markets. The Company’s sales to the automotive market accounted for approximately 40% of its total sales during the fiscal year ended September 25, 2020.

Segment Key Markets
Transportation Solutions -Automotive
-Commercial transportation
-Sensors
Industrial Solutions -Industrial equipment
-Aerospace, defense, oil, and gas
-Medical
-Energy
Communications Solutions -Data and devices
-Appliances


-The automotive industry uses the Company's products in automotive technologies for body and chassis systems, convenience applications, driver information, infotainment solutions, miniaturization solutions, motor and powertrain applications, and safety and security systems. Hybrid and electronic mobility solutions include in-vehicle technologies, battery technologies, and charging solutions.

Competitors
-Amphenol
-Aptiv
-Honeywell
-Molex
-Sensata
-Sumitomo
-Yazaki

Shareholders

-The Company is listed on the New York Stock Exchange.

Products

Automotive Products
-Connectors
-Sensors
-Data connectivity systems
-Automotive relays
-High-voltage contactors
-Wire and cable products
-Cable assemblies
-Heat shrink tubing
-Lighting assemblies
-Power distribution boxes
-Hybrid and electric mobility solutions
-Infotainment connectivity solutions
-Mechatronic components
-Application tooling

History

2007 The Company was officially separated from Tyco International and became an independent company.
May 2008 Entered into a definitive agreement to sell its Radio Frequency Components and Subsystem business to Cobham Defense Electronic Systems.
Sep. 2008 Completed the divestiture of the automotive radar sensors business to Autoliv.
2010 Acquired ADC.
Mar. 2011 Changed its name to TE Connectivity.
Apr. 2012 Acquired Deutsch Group SAS.
Sep. 2014 Acquired American Sensor Technologies Inc., a manufacturer of pressure and position sensing systems.
Oct. 2014 Acquired US-based Measurement Specialties, Inc., a designer and manufacturer of sensors and sensor-based systems, for USD 1.7 billion.
Mar. 2016 Completed the divestiture of the circuit protection business to Littelfuse.
May 2016 Acquired Jaquet Technology Group, a manufacturer of speed sensors
Jan. 2017 The Company's China auto business has started the second phase of its NEPZ Plant expansion project in Suzhou. Approximately USD 100 million is expected to be invested in this project, and new operations are scheduled to begin in 2017.
Aug. 2017 Completed the acquisition of Hirschmann Car Communication (HCC).GmbH, a German-based subsidiary of VOXX International Corporation in the U.S.
Mar. 2020 Completed public takeover of First Sensor AG, a technology company which focuses on connectivity and sensing solutions. With the takeover, the Company owns 71.87% of First Sensor.

Supplemental Information 1