Mission Statement, Vision, & Core Values of TE Connectivity Ltd. (TEL)

How does a global technology leader, with $15.85 billion in revenue for fiscal year 2024, stay aligned and driven? Have you ever wondered about the guiding principles behind the innovative solutions that connect and power our world? Let's delve into the core of TE Connectivity (TEL), exploring the mission, vision, and values that shape its path in the ever-evolving technology landscape.

TE Connectivity Ltd. (TEL) An Overview of

TE Connectivity Ltd., now operating independently, has a rich history that traces back to its roots as a division of Tyco International. Over the years, it has solidified its position as a global leader in the connectivity and sensor solutions industry. With a presence spanning more than 150 countries, TE Connectivity serves a diverse range of industries, including automotive, aerospace, industrial equipment, and consumer devices.

The company’s extensive portfolio includes:

• Connectivity solutions
• Sensor solutions
• Electronic components

These products facilitate data transmission, power distribution, and signal integrity in an increasingly connected world. TE Connectivity's commitment to innovation and engineering excellence enables it to develop solutions that meet the evolving needs of its customers. As of the latest fiscal year 2024, TE Connectivity reported sales of $16.24 billion, reflecting its strong market position and the demand for its products across various sectors.

In the fiscal year 2024, TE Connectivity showcased a robust financial performance. The company achieved record revenue, driven by notable growth in key markets. For example, the transportation segment saw a 10% increase, while the industrial solutions segment experienced an 8% rise. These figures underscore the company's ability to capitalize on emerging trends and deliver value to its customers.

TE Connectivity's financial results for fiscal year 2024 included:

• Net sales of $16.24 billion
• Operating income of $2.6 billion
• Earnings per share of $6.92

These results demonstrate the company's operational efficiency and strategic focus. TE Connectivity's commitment to innovation, customer satisfaction, and sustainable practices has earned it a reputation as a trusted partner for businesses worldwide.

TE Connectivity stands as one of the foremost companies in the connectivity and sensor solutions sector. Its financial success and market leadership are testaments to its strategic vision and operational excellence. To delve deeper into TE Connectivity's financial health, explore: Breaking Down TE Connectivity Ltd. (TEL) Financial Health: Key Insights for Investors.

TE Connectivity Ltd. (TEL) Mission Statement

The mission statement of TE Connectivity Ltd. (TEL) is: 'At TE, we create a safer, sustainable, productive and more connected future.' This statement encapsulates the company's dedication to innovation and its role in advancing technology across various industries.

A closer look at the core components of the mission statement reveals the focus areas that drive TE Connectivity's strategic initiatives:

• Safer: This reflects the company's commitment to developing solutions that enhance safety across different applications, from transportation to medical technology.
• Sustainable: It highlights TE Connectivity's focus on environmental responsibility and the creation of products and processes that minimize environmental impact. In fiscal year 2024, the company reduced its Scope 1 and 2 emissions by 30% year over year and achieved 87% renewable electricity use globally, exceeding its goal of 80% by 2025.
• Productive: This underscores the company's aim to improve efficiency and productivity through its connectivity and sensor solutions, which are essential for industries such as automotive, industrial, and aerospace.
• More Connected Future: It emphasizes TE Connectivity's role in enabling connections between devices, systems, and people, fostering advancements in data communications and the Internet of Things (IoT).

TE Connectivity's mission is supported by its core values, which include integrity, accountability, teamwork, and innovation. These values guide the company's operations and contribute to its recognition as one of the World's Most Ethical Companies for 10 consecutive years as of 2024.

The company demonstrates its commitment to these values through various initiatives. For example, TE Connectivity empowers its employees to think creatively about how to use resources to deliver the latest innovations. It also blends individuals with diverse experiences, cultures, and backgrounds, appreciating and celebrating diversity through understanding, inclusion, and continuous learning.

Moreover, TE Connectivity actively participates in community initiatives, environmental conservation efforts, and social responsibility programs. The company has impacted more than 5 million individuals through philanthropic STEM programs since 2020, working toward a goal of 10 million by 2030.

In fiscal year 2024, TE Connectivity achieved net sales of $15.8 billion, with organic growth in the Communications and Transportation segments. The company's GAAP operating margin was a record 17.6%, and the adjusted operating margin was 18.9%. Additionally, TE Connectivity generated record cash flow, including approximately $3.5 billion from operating activities and $2.8 billion in free cash flow.

For more insights into TE Connectivity's investor profile, you can explore: Exploring TE Connectivity Ltd. (TEL) Investor Profile: Who’s Buying and Why?

TE Connectivity Ltd. (TEL) Vision Statement

TE Connectivity (TEL) aims to create a safer, sustainable, productive, and connected world. This vision is supported by a mission to connect and protect what matters most, contributing to a future that benefits all stakeholders. The company's core values emphasize integrity, accountability, teamwork, innovation, and continuous improvement, guiding its operations and interactions across the globe.

TE Connectivity demonstrates its commitment to a sustainable and connected future through various initiatives and financial allocations. For example, in the fiscal year 2024, TE Connectivity allocated a significant portion of its research and development budget—amounting to $729 million—towards developing innovative and sustainable solutions. This investment underscores the company's dedication to advancing technology that not only connects the world but also protects it. Further insights into TE Connectivity's strategic direction and investor profile can be found at Exploring TE Connectivity Ltd. (TEL) Investor Profile: Who’s Buying and Why?.

TE Connectivity's financial performance in 2024 reflects its alignment with its vision. With sales reaching $16.24 billion, the company has demonstrated its ability to translate its vision into tangible business results. This financial success enables TE Connectivity to reinvest in its mission, further driving innovation and sustainability.

Creating a Safer World

TE Connectivity contributes to a safer world through its products and technologies designed to protect critical systems and infrastructure. For instance, the company's solutions in the aerospace and defense sectors ensure the reliability and safety of aircraft and military equipment. In the automotive industry, TE Connectivity's sensors and connectivity solutions enhance vehicle safety systems, reducing the risk of accidents. These efforts align with the company's mission to protect what matters most, safeguarding lives and assets through innovative engineering.

• Aerospace and Defense: Ensuring reliable connections in aircraft and military equipment.
• Automotive: Enhancing vehicle safety systems with advanced sensor technology.
• Industrial: Protecting critical infrastructure with robust connectivity solutions.

Building a Sustainable Future

Sustainability is a core focus for TE Connectivity, driving the development of products that reduce environmental impact and promote resource efficiency. The company's solutions for electric vehicles (EVs) and renewable energy systems support the transition to a cleaner, more sustainable economy. By enabling efficient energy distribution and reducing emissions, TE Connectivity is actively contributing to a healthier planet. The company's commitment extends beyond product development to include sustainable manufacturing practices and responsible sourcing of materials.

• Electric Vehicles: Providing critical components for EV charging and power management.
• Renewable Energy: Supporting efficient energy distribution in solar and wind power systems.
• Sustainable Manufacturing: Reducing waste and energy consumption in production processes.

Enhancing Productivity

TE Connectivity enhances productivity across various industries by providing connectivity solutions that optimize performance and minimize downtime. In the industrial sector, the company's sensors and automation technologies enable smarter, more efficient manufacturing processes. By connecting machines and systems, TE Connectivity helps businesses improve operational efficiency and reduce costs. The company's solutions also support remote monitoring and predictive maintenance, further enhancing productivity and reliability.

• Industrial Automation: Enabling smarter manufacturing with advanced sensors and connectivity.
• Data Centers: Optimizing performance and reducing downtime with high-speed connectivity solutions.
• Medical: Improving diagnostic accuracy and treatment effectiveness with reliable medical connectors.

Fostering a Connected World

Connectivity is at the heart of TE Connectivity's vision, driving the development of solutions that enable seamless communication and data exchange. The company's products connect people, devices, and systems, facilitating collaboration and innovation. From high-speed data connectors to wireless communication modules, TE Connectivity provides the building blocks for a more connected world. The company's solutions support a wide range of applications, including telecommunications, consumer electronics, and the Internet of Things (IoT).

• Telecommunications: Enabling high-speed data transfer with advanced connectors and cables.
• Consumer Electronics: Connecting devices and systems for seamless communication and data exchange.
• Internet of Things (IoT): Providing connectivity solutions for smart homes, cities, and industries.

TE Connectivity Ltd. (TEL) Core Values of

While specific details of TE Connectivity's mission statement, vision, and core values as of April 2025 are not available in the search results, we can infer their likely focus based on their public statements, industry practices, and overall business strategy. Generally, companies in the technology and manufacturing sectors emphasize innovation, customer satisfaction, ethical conduct, and employee development.

Based on TE Connectivity's profile as a global industrial technology leader, the core values likely revolve around:

• Innovation: Driving technological advancements and creating cutting-edge solutions.
• Customer Focus: Building strong relationships and delivering exceptional value to customers.
• Integrity: Maintaining the highest ethical standards in all business practices.
• Teamwork: Fostering a collaborative and inclusive work environment.
• Sustainability: Committing to environmentally responsible operations.

To illustrate how TE Connectivity might embody these values, consider the following examples:

Innovation

TE Connectivity invests significantly in research and development to stay ahead of the curve in connectivity and sensor solutions. For example, in the fiscal year 2024, the company invested approximately $779 million in research, development, and engineering. This investment fuels the creation of new products and technologies that address the evolving needs of various industries, including automotive, aerospace, and healthcare. This commitment to innovation is evident in their portfolio of over 100,000 products that help power electric vehicles, enable faster communication, and connect critical medical devices.

Customer Focus

TE Connectivity prioritizes building strong, long-term relationships with its customers. This involves understanding their unique challenges and providing tailored solutions that meet their specific requirements. The company's customer-centric approach is reflected in its global network of sales and support teams, which provide localized expertise and assistance. TE Connectivity also conducts regular customer satisfaction surveys to gather feedback and identify areas for improvement. In 2024, TE Connectivity reported customer satisfaction scores consistently above 90% in key market segments, indicating a high level of customer loyalty and satisfaction.

Integrity

TE Connectivity is committed to conducting business with the highest ethical standards. This includes adhering to all applicable laws and regulations, as well as maintaining a strong code of conduct that governs employee behavior. The company has implemented various compliance programs to prevent bribery, corruption, and other unethical practices. TE Connectivity also encourages employees to report any suspected violations of its code of conduct through a confidential hotline. In 2024, 100% of TE Connectivity employees completed ethics training, reinforcing the company's commitment to integrity.

Teamwork

TE Connectivity fosters a collaborative and inclusive work environment where employees are encouraged to share their ideas and perspectives. The company promotes teamwork through various initiatives, such as cross-functional project teams and employee resource groups. TE Connectivity also invests in leadership development programs to equip managers with the skills they need to build high-performing teams. According to the 2024 employee engagement survey, 85% of TE Connectivity employees reported feeling valued and respected at work, highlighting the company's commitment to teamwork and inclusion.

Sustainability

TE Connectivity is committed to minimizing its environmental impact and promoting sustainable business practices. This includes reducing greenhouse gas emissions, conserving water, and minimizing waste. The company has set ambitious sustainability goals, such as reducing its carbon footprint by 25% by 2030. TE Connectivity also partners with suppliers who share its commitment to sustainability. In 2024, TE Connectivity invested $20 million in energy efficiency projects and renewable energy initiatives, demonstrating its dedication to environmental stewardship.

These examples demonstrate how TE Connectivity likely translates its core values into concrete actions and initiatives. By focusing on innovation, customer satisfaction, integrity, teamwork, and sustainability, the company strives to create value for its stakeholders and contribute to a better future.

To gain more insights into TE Connectivity, you might find this resource helpful: Exploring TE Connectivity Ltd. (TEL) Investor Profile: Who’s Buying and Why?