TE Connectivity completed the sale of its broadband-networks business to CommScope Holding Co. for about US$3 billion. TE Connectivity’s product portfolio is focused on connectors and sensors that are made to withstand harsh environments. The company operates three primary segments: TE Connectivity’s Communications Solutions segment supplies electronic components for home appliances, including products for washers, dryers, refrigerators, air conditioners, dishwashers, cooking appliances, water heaters, and microwaves. TE delivers connectivity solutions for the Internet of Things, virtual reality applications, smart phones, tablets and anywhere customers need solutions for data and devices, including networking equipment and wireless infrastructure. The Transportation segment includes four business
Smart grids by country report on the deployment of smart metering found: The Smart Grid Forum had identified that smart technology would give energy consumers greater control of their energy use, bills, greater security of supply and enable the use of less carbon. It had further indicated that integration of smart grids with regular technology would potentially save up to £ 12 billion by 2050 and deliver 9,000 additional jobs and create a £5 billion export market. To complete the transition to Smart Grids, United Kingdom plans to roll out 53 million smart meters to 26 million households from 2015 to 2020. Initiated by