Tyco Electronics Ltd. is a leading global provider of engineered electronic
components, network solutions, wireless systems, and undersea telecommunication
systems. We design, manufacture, and market products for customers in industries
from automotive, appliance, and aerospace and defense to telecommunications,
computers, and consumer electronics. Our products are produced in approximately
120 manufacturing sites in over 25 countries. With over 8,000 engineers and
worldwide manufacturing, sales, and customer service capabilities, Tyco Electronics
commitment is our customers advantage.
Tyco Electronics Ltd. was incorporated in Bermuda in fiscal 2000 as a wholly-owned
subsidiary of Tyco International Ltd. ("Tyco International"). For
the period following its incorporation, Tyco Electronics Ltd. did not engage
in any significant business activities and held minimal assets. In connection
with our separation from Tyco International, the equity interests in the entities
that hold all of the assets and liabilities of Tyco Internationals electronics
businesses were transferred to Tyco Electronics.
Our business was formed principally through a series of acquisitions, from
fiscal 1999 through fiscal 2002, of established electronics companies and divisions,
including the acquisition of AMP Incorporated and Raychem Corporation in fiscal
1999 and the Electromechanical Components Division of Siemens and OEM Division
of Thomas & Betts in fiscal 2000. These companies each have more than 50
years of history in engineering and innovation excellence. We operated as a
segment of Tyco International prior to our separation.
Effective June 29, 2007, Tyco International distributed all of its shares
of Tyco Electronics to its common shareholders. Tyco Electronics Ltd. became
an independent, publicly traded company owning the former electronics businesses
of Tyco International Ltd.
Segments :
Electronic Components
Network Solutions
Wireless Systems
Undersea Telecommunications
Markets :
Automotive. The automotive industry uses our products in motor management
systems, body electronic applications, safety systems, chassis systems, security
systems, driver information, passenger entertainment, and comfort and convenience
applications. Electronic components regulate critical vehicle functions, from
fuel intake to braking, as well as information, entertainment, and climate control
systems.
Telecommunications. Our products are used in telecommunications products,
such as data networking equipment, switches, routers, wire line infrastructure
equipment, wireless infrastructure equipment, wireless base stations, mobile
phones, and undersea fiber optic telecommunication systems.
Computer. Our products are used in computer products, such as servers and
storage equipment, workstations, notebook computers, desktop computers, and
business and retail equipment.
Energy. The energy industry uses our products in power generation equipment
and power transmission equipment. The industry has been investing heavily to
improve, upgrade, and restore existing equipment and systems. In addition, this
industry addresses the needs of emerging countries that are building out their
energy infrastructure.
Aerospace and Defense. Our products are used in military and commercial aircraft,
missile systems, satellites, space programs, and radar systems.
Appliance. Our products are used in many household appliances, including refrigerators,
washers, dryers, dishwashers, and microwaves.
Industrial Machinery. Our products are used in factory automation and process
control systems, photovoltaic systems, industrial motors and generators, and
general industrial machinery and equipment.
Consumer Electronics. The consumer electronics industry uses our products
to produce digital cameras, plasma and LCD televisions, electronic games, and
DVD recorders and players.
Other. Our products are used in numerous products, including instrumentation
and measurement equipment, medical equipment, commercial and building equipment,
building network and cabling systems, and railway equipment. Other also includes
products sold through third-party distributors.
Competition
The industries in which we operate are highly competitive, and we compete
with thousands of companies that range from large multinational corporations
to local manufacturers. Competition is generally on the basis of breadth of
product offering, product innovation, price, quality, and service. Our markets
have generally been growing but with downward pressure on prices.
' Electronic Components. This segment competes against numerous companies,
including Molex, Amphenol, FCI, JST, and Omron.
' Network Solutions. This segments major competitors include Corning, Commscope,
and 3M.
' Wireless Systems. This segments land mobile radio business competes primarily
against Motorola. Our radio frequency component and subassembly products face
a wide variety of competitors, including Herley, RF Micro Devices, Skyworks,
and TriQuint.
' Undersea Telecommunications. This segment primarily competes with Alcatel-Lucent.
19.08% 
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