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.
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.
As an independent company, TE Connectivity consists of three business segments ():
- Transportation Solutions (40%)
- Communications & Industrial Solutions (40%)
- Network Solutions (20%)
Total $12.1 billion
, the company has 97,000 employees operating in almost 50 countries.
Sales by region () were: Europe/Middle East/Africa (35%), Americas (31%), Asia Pacific (34%).