TE Connectivity

EQS-News: SNP reports strong full-year top line growth and significant improvements in earnings and cash flow

Retrieved on: 
Monday, February 5, 2024

EUR 4 million to around EUR 11 million; currency-adjusted, the increase would be approx.

Key Points: 
  • EUR 4 million to around EUR 11 million; currency-adjusted, the increase would be approx.
  • Group revenue will be in line with the most recent forecast despite the significant negative effects of highly volatile exchange rates in Argentina.
  • Operating cash flow improved significantly to around EUR 12 million due to the strong operational performance and enhanced cash management processes (2022: EUR -0.5 million).
  • The software share of our business increased, our ecosystem is thriving and we show strong growth in our international markets.

OIF Launches 1600ZR+ Coherent Optical, Retimed Tx Linear Rx Optical Energy Efficient Interfaces Projects and Common Management Interface Specification White Paper at Q1 2024 Technical and MA&E Meeting

Retrieved on: 
Tuesday, January 30, 2024

OIF , where the optical networking industry’s interoperability work gets done, successfully concluded its Q1 2024 Technical and MA&E meeting in Jacksonville, Florida held January 16-18.

Key Points: 
  • OIF , where the optical networking industry’s interoperability work gets done, successfully concluded its Q1 2024 Technical and MA&E meeting in Jacksonville, Florida held January 16-18.
  • This meeting resulted in the initiation of two new projects – the Interoperable 1600ZR+ and Retimed Tx Linear Rx Specs Energy Efficient Interfaces (EEI) projects – the reelection of the Physical and Link Layer (PLL) Working Group (WG) Chair and a white paper focused on advancing plug and play for Common Management Interface Specification (CMIS) modules.
  • “These meetings are invaluable platforms for members to share insights, discuss and debate ongoing work and launch new projects.
  • Responding to market demand for higher-performance (ZR+) modes, OIF is working towards integrating these modes into its application scope for 1600 Gb/s interfaces.

Automotive Smart Antenna Market worth $5.2 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 1, 2024

Additionally, conventional cellular connectivity is expected to make the segment the largest in the automotive smart antenna industry .

Key Points: 
  • Additionally, conventional cellular connectivity is expected to make the segment the largest in the automotive smart antenna industry .
  • Smart antennas often require dedicated ECUs for managing antenna functions like signal processing, data routing, and communication with other systems.
  • The Asia Pacific region stands out as the fastest-growing market for automotive smart antennas, propelled by several key factors.
  • In contrast, Desay SV shared its automotive infotainment systems and ADAS technologies, and it has a strong presence in the Chinese automotive market.

Automotive Smart Antenna Market worth $5.2 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 1, 2024

Additionally, conventional cellular connectivity is expected to make the segment the largest in the automotive smart antenna industry .

Key Points: 
  • Additionally, conventional cellular connectivity is expected to make the segment the largest in the automotive smart antenna industry .
  • Smart antennas often require dedicated ECUs for managing antenna functions like signal processing, data routing, and communication with other systems.
  • The Asia Pacific region stands out as the fastest-growing market for automotive smart antennas, propelled by several key factors.
  • In contrast, Desay SV shared its automotive infotainment systems and ADAS technologies, and it has a strong presence in the Chinese automotive market.

Marvell Extends Connectivity Leadership for Accelerated Infrastructure with 200G/Lane Partner Demonstrations at DesignCon

Retrieved on: 
Wednesday, January 31, 2024

SANTA CLARA, Calif., Jan. 31, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, and leading cabling and system partners Amphenol, Keysight Technologies, Molex and TE Connectivity (TE) this week are demonstrating copper interconnects powered by Marvell® 224G long-reach (LR) DSP SerDes operating at 200 Gbps per lane or faster, a critical milestone in the race to scale accelerated infrastructure for AI and cloud workloads.

Key Points: 
  • The demonstrations are taking place during DesignCon at the Santa Clara Convention Center January 30 through February 1, 2024 in Santa Clara, California.
  • Electrical copper cables are used for short reach (0-5m) server to top-of-rack switch connectivity and for certain cloud-optimized intra-rack interconnects in data centers.
  • Marvell 200G/lane LR DSP SerDes will also extend copper connectivity bandwidth and enable 1.6T Active Electrical Cables (AECs).
  • In April 2023 , Marvell unveiled a portfolio of connectivity technologies, including long-reach SerDes, produced on 3nm processes, an industry first.

TE Connectivity ranked among Fortune World's Most Admired Companies for seventh year

Retrieved on: 
Wednesday, January 31, 2024

SCHAFFHAUSEN, Switzerland, Jan. 31, 2024 /PRNewswire/ -- TE Connectivity, a world leader in connectors and sensors, has maintained its positive reputation among the business community, earning a spot on the Fortune World's Most Admired Companies list for the seventh consecutive year.

Key Points: 
  • Company reputation remains strong among business peers, analysts
    SCHAFFHAUSEN, Switzerland, Jan. 31, 2024 /PRNewswire/ -- TE Connectivity, a world leader in connectors and sensors, has maintained its positive reputation among the business community, earning a spot on the Fortune World's Most Admired Companies list for the seventh consecutive year.
  • The annual survey, conducted by Fortune and Korn Ferry, is given to top executives, directors and financial analysts to identify the companies that enjoy the strongest reputations among their peers and across industries.
  • "We believe strongly in our purpose to create a safer, sustainable, productive and connected future, and we appreciate this external recognition of our efforts."
  • The corporate reputation and performance of companies ranked among the World's Most Admired Companies are measured against nine criteria, including innovativeness, social responsibility, quality of management, long-term investment value and ability to attract talent.

TE Connectivity announces first quarter results for fiscal year 2024

Retrieved on: 
Wednesday, January 24, 2024

SCHAFFHAUSEN, Switzerland, Jan. 24, 2024 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal first quarter ended Dec. 29, 2023.

Key Points: 
  • EPS above guidance driven by significant margin expansion; first quarter record cash flow
    SCHAFFHAUSEN, Switzerland, Jan. 24, 2024 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal first quarter ended Dec. 29, 2023.
  • Cash flow from operating activities was $719 million and free cash flow was $570 million, both first quarter records.
  • Deployed approximately $1 billion of capital in the quarter, including approximately $600 million returned to shareholders and approximately $350 million used for the acquisition of Schaffner.
  • For the second quarter of fiscal 2024, the company expects net sales of approximately $3.95 billion.

Solid State Battery Market to Record a Growth of USD 234.81 million between 2022 and 2027, APAC to Occupy 46% Market Share - Technavio

Retrieved on: 
Monday, January 22, 2024

NEW YORK, Jan. 22, 2024 /PRNewswire/ -- The solid state battery market size is expected to grow by USD 234.81 million from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Jan. 22, 2024 /PRNewswire/ -- The solid state battery market size is expected to grow by USD 234.81 million from 2022 to 2027, according to Technavio.
  • The APAC region is poised to contribute significantly, accounting for 46% of global market growth during the forecast period.
  • Japan, South Korea, Hong Kong, and India are also aggressively adopting EVs, fostering the solid-state battery market.
  • With targets for EV adoption, the growth of the solid-state battery market in APAC hinges on the widespread acceptance of electric vehicles.

Industrial Sensors Market worth $42.1 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 19, 2024

Contact type industrial sensors are a traditional technology and are, therefore, a mature market.

Key Points: 
  • Contact type industrial sensors are a traditional technology and are, therefore, a mature market.
  • Hence factors such as these are driving the market for image sensors in the market.
  • Manufacturing segment is expected to hold the largest market share in the industrial sensor market during the forecast period.
  • This, in turn, is expected to fuel the growth of the industrial sensors market in Asia Pacific.

Industrial Sensors Market worth $42.1 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 19, 2024

Contact type industrial sensors are a traditional technology and are, therefore, a mature market.

Key Points: 
  • Contact type industrial sensors are a traditional technology and are, therefore, a mature market.
  • Hence factors such as these are driving the market for image sensors in the market.
  • Manufacturing segment is expected to hold the largest market share in the industrial sensor market during the forecast period.
  • This, in turn, is expected to fuel the growth of the industrial sensors market in Asia Pacific.