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January 27, 2016
Two clear insights emerge in our 2016 CEO video interview series. US business is on the cusp of breakthroughs that will affect us in many parts of our lives and work. And adjusting to these changes are a consuming passion for CEOs. Here are the views of 35 business leaders in 15 industries, with an average of 15.5 years experience at the helm. Each interview was conducted in Fall 2015.
January 20, 2016
“I am pleased with our first quarter performance with sales in line with guidance and EPS exceeding the high end of guidance,” said TE Connectivity Chairman and CEO Tom Lynch. “Our businesses executed very well despite the uncertain macro-economic environment and continued softness in China and industrial markets. Last year’s acquisitions in Sensors and Medical continued to gain momentum, and we advanced our strategy to focus on harsh environment applications with the announced sale of our Circuit Protection Devices business. For the year, we expect continued strength in our Transportation segment to offset weakness in industrial markets and softness in China,” said Lynch. “We anticipate industrial markets to pick up in the second half of fiscal year 2016 as inventory levels stabilize and orders continue to improve. We are reiterating our guidance and expect to deliver adjusted EPS of $4.00 at the midpoint, an increase of 11 percent year over year and 15 percent on a constant currency basis.”
January 20, 2016
“Today’s celebration marks the integration of TE Connectivity within the cabling ecosystem. We are very pleased to welcome TE to the region and we look forward to further expanding our strategic partnership,” said Mr. Moulay Hafid Elalamy, Minister of Industry, Trade, Investment and Digital Economy. “TE’s investments are in line with the objectives set by the Industrial Acceleration Plan. These investments are an important step for the development of the automotive industry in Morocco. They will generate new jobs, and foster both a greater integration of the sector and the replacement of imports. They will also create opportunities for local partners and suppliers.”
January 14, 2016
TE Connectivity’s HDC range delivers outstanding, reliable performance in harsh environments and provides data, signal and power connection solutions between different devices in various applications. The modular and standard interface design maximize the application’s efficiency.
January 12, 2016
TE SubCom, a TE Connectivity Ltd. company and producer of undersea communications technology, has increased capacity throughput of cable manufacturing at its wet plant factory by 50 percent in an effort to continue meeting customer and market demand, the company announced. In addition, the company has expanded its marine fleet capability to include a sixth 3-meter plow, providing 3-meter burial tools across the entire construction fleet.