February 03, 2014
Source: TE Connectivity Ltd.
Discusses record performance and results across key sectors, industries and regions
SCHAFFHAUSEN, Switzerland, Feb. 3, 2014 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL), a world leader in connectivity, today announced publication of its annual report for fiscal year 2013. The interactive report covers key performance areas including revenues, earnings per share and operating margins. The report also shares how TE, as the leading supplier of electronic connections, is helping make its customers' products smarter, safer, greener and more connected.
- Chairman and CEO Tom Lynch discusses how TE led the industry with $13.3 billion in revenues.
- TE operates through four reporting segments aligned to its strategy and vertical markets: Transportation Solutions (revenue: $5.5 billion), Industrial Solutions ($3.0 billion), Network Solutions ($3.1 billion) and Consumer Solutions ($1.7 billion).
- In the fiscal year, the company invested approximately $700 million, or about five percent of revenue, in research, development and engineering (RD&E). Additionally, TE's nearly 7,000 engineers deployed close to our customers around the world, demonstrate the company's commitment to innovation leadership.
- Visit www.EveryConnectionCounts.com to learn more about TE engineers and recent company innovations
ABOUT TE CONNECTIVITY
TE Connectivity is a $13 billion world leader in connectivity. The company designs and manufactures products at the heart of electronic connections for the world's leading industries including automotive, energy and industrial, broadband communications, consumer devices, healthcare, and aerospace and defense. TE Connectivity's long-standing commitment to innovation and engineering excellence helps its customers solve the need for more energy efficiency, always-on communications and ever-increasing productivity. With nearly 90,000 employees in over 50 countries, TE Connectivity makes connections the world relies on to work flawlessly every day. To connect with the company, visit www.TE.com.
SOURCE TE Connectivity Ltd.Media Relations: Jane Crawford, 610-893-9689 Office, firstname.lastname@example.org; Brian Schaffer, 212-279-3115 Office, email@example.com; Investor Relations: Keith Kolstrom, 610-893-9551 Office, firstname.lastname@example.org; Will Ruthrauff, 610-893-9565 Office, email@example.com