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 meter homes. This was well behind schedule to hit the government’s target to have 50 million in place by 2020. As of August 2018, 11 million SMETS1 devices were functioning normally, with 637,000 in "dumb" mode, according to the government. 42 million remained to be installed by the 2020 deadline. Until 2018, the vast majority of smart meters being installed were "first generation" SMETS1 types. If a user of one of these meters switches electricity supplier, the meter’s smart functions are lost, and it must be read manually. SMETS2 meters allow easy switching and better remote reading, but only 450 had