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SOURCE TE Connectivity Ltd.
The only connectivity solutions company to win the prestigious award from EDN
SHANGHAI , June 27, 2014 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL), a world leader in connectivity, today announced that it has been named as one of the "Top 10 Companies with Strongest Sustainable Development Capability" by EDN China, one of the country's most authoritative electronics trade magazines. TE was the only connectivity solutions company to win the award, which recognizes companies with highly innovative technologies and products that will continue to sustainably drive their growth in the future.
"We are delighted to be recognized as one of the top companies in China demonstrating the strongest and most sustainable development," said Chao Zhang, acting president of TE Connectivity China. "As a world leader in connectivity with a strong commitment to China, TE has achieved solid business growth in this dynamic and challenging market through innovation and by delivering an excellent customer experience. The award is another testament to our success in China."
The EDN China awards were introduced in 2005. Since then, they have steadily grown to become one of mainland's most anticipated and respected accolades in the electronics design industry. The category, "Top 10 Companies with Strongest Sustainable Development Capability," is based on three criteria: the company's commitment to innovation including R&D, marketing, technical support, market share and human resources; the company's year-on-year financial performance for the past three years, and growth forecast for the current year; and the company's ground-breaking technologies or products that play a critical role in improving electronic system performance and lowering prices. The evaluation process took six months, with judges that included engineers, experts and EDN China editors.
"TE rightly deserves this award," said Brandon Smith, Publisher, EDN China. "In today's era of glamorous and eye-catching end-products, it is easy to overlook the core components, such as interconnectors, that make them so appealing to consumers. With an unmatched product portfolio in connectivity, TE has proven itself to be a successful company in today's market, and demonstrated a solid understanding of what is required to sustain that success and fuel growth in the coming months and years."
Innovation is at the heart of TE's development and success. Following a strategy of connected innovation, TE reinvests around five percent of its annual revenues into developing innovative electronic connections inside the products that are changing the world. As a company who champions the spirit of engineering, TE has more than 7,000 engineers and 21 global design centers worldwide. It currently holds a total of 18,000 patents awarded or pending. In 2013, TE China received 124 Chinese patents. China, after the US and EU, has become the third region with the most patents for TE in the world.
ABOUT TE CONNECTIVITY
TE Connectivity (NYSE: TEL) is a US$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.cn and technical support is available at the Product Information Center (PIC) Hotline: (86) 400-820-6015.
TE Connectivity, TE connectivity (logo), TE, and TE (logo) are trademarks of the TE Connectivity Ltd. family of companies.
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