TE CONNECTIVITY LTD in Automotive Relay

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TE CONNECTIVITY LTD
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83 Buyers Negotiating

Summary

TE Connectivity has robust product offerings in the automotive relay segment. The company has a range of automotive relays namely plug-in relays, Mil-Aero relays, protective relays, signal relays, time delay relays and high current relays. The vehicle segments catered by the company are passenger cars, commercial vehicles (truck and bus) and off road. The rating is also given on the basis of OEMs and aftermarket product offerings of the company. TE Connectivity has a strong focus in R&D activities which accounted for 5.26% of total revenue. However the company has not done any major product development since 2009, where it developed the HCR 200 relays, those were developed for the operation of start and stop functions of a vehicle. Hence the company should focus more on key strategies to remain competitive in the market. In relays segment, the company is competing with players such as Delphi Automotive (U.K), Sumitomo Electric Industries (Japan), and Yazaki (Japan).

Discussions

Strengths
  • +14
    Company’s exposure in aftermarket
  • +13
    Company’s exposure in OE Market
  • +11
    Breadth and Depth of Product Offerings
  • +10
    OE & Aftermarket Presence
  • +5
    Product Breadth
  • +7
    Number of NPD/Innovation in last 3 years
  • +6
    Product Depth
  • +12
    Focus on Product Innovation
  • +8
    R&D Expenditure, 2016 (USD Billion)
nostrength
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TE CONNECTIVITY LTD Presence in Automotive Relay
The company manufactures relays for automobiles under the transportation division, and this segment has witnessed a strong growth in the past years. The segmental revenue has increased from USD 6.36 billion in 2015 to USD 6.48 billion in 2016. The company has 104 manufacturing sites across and the company serves customers in around 150 countries. The company also has a presence in the emerging market such as the Middle East and Africa. The company can adopt various key strategies for better positioning of the company in the automotive relay market. For instance, the company has supplied high current relays to Chrysler brands Town & Country model in Canada in the year 2016.
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Company Size :
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  SME
  Startup