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 grid in China Corporation of China (SGCC), announced plans to invest $250 billion in electric power infrastructure upgrades over the next five years, of which $45 billion is earmarked for smart grid technologies. Another $240 billion between 2016 and 2020 will be added to complete the smart grid project. . • Set technical and management standards • Develop technology and equipment • Set development plans and initiate pilot projects • Specifically, in 2010, China plans to start construction on the "Two Vertical, Two Horizontal" plan and reach interregional transmission capability of 12.9 GW by the end of the year. • Construct UHV grid