Tyco Electronics' strategy in the Chinese market

Since entering the Chinese market in 1988, TE Connectivity has been closely connected with China. Seven years ago, TE Connectivity established an industry manager for robots in China. As China's mobile robot market has taken a leading position globally, TE Connectivity has decided to invest more attention and resources in this field. In 2023, TE Connectivity's business in the mobile robot market has grown at least three times, and it is expected that it may triple again in 2024. TE Connectivity's strategic goal is not only for mobile robots, but for the entire general industrial field. It is expected that in the next 10 years, TE Connectivity can continue to provide high-value products to customers in the general industrial field.