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 first commercially available electric vehicle charging station, the Caoxi Electrical Vehicle Charging Station. As of 2010, 76 electric vehicle charging stations have been built in 41 Chinese cities. Continued investment in electric car infrastructure reflects the country's goal of having 500,000 electric, hybrid and fuel-cell vehicles on the road by 2015 and 5 million by 2020. In September 2011, 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