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TE Connectivity
TE Connectivity (formerly Tyco Electronics) has maintained a leading position for over 50 years. As a global company with annual sales of $13.3 billion, TE Connectivity (TE) designs and manufactures approximately 500,000 products that connect and protect the power and data flow in various products we use daily. Our 90,000 employees worldwide collaborate with customers from all industries, from consumer electronics, power and medical, to automotive and communication networks. With smarter, faster, and better technology, we empower products with more possibilities. TE Connectivity is an independent publicly traded company, with its common stock listed on the New York Stock Exchange (NYSE) under the ticker symbol 'TEL'. TE Connectivity entered China in 1989 and established its first factory in Shanghai. Today, TE Connectivity has approximately 38,000 employees in China, with 16 production bases. Tyco Electronics (Shanghai) Co., Ltd. is the registered company of TE Connectivity in China, responsible for managing Chinese affairs. TE provides services to customers through sales offices located in 14 cities across China. In fiscal year 2012, TE's sales in China reached $2.2 billion, accounting for 16.5% of the company's annual revenue.