TE Benefits From Electrification Across Automotive, Industrial, and Data Center Opportunities

We see TE Connectivity as a technology leader in connectors, with a wide-ranging portfolio of sticky custom and semi-custom components. TE has maintained a leading share of the global connector market for the last decade, specifically dominating the automotive connector market, from which it derives almost half of its revenue. While the firm’s entire business benefits from trends toward efficiency and connectivity, these are especially notable in cars, where shifts toward electric and autonomous vehicles provide lucrative opportunities for TE to sell into new vehicle sockets, like an onboard charger or advanced driver-assist system.