November 06, 2014
Source: TE Connectivity Ltd.
SCHAFFHAUSEN, Switzerland, Nov. 6, 2014 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL), a world leader in connectivity, today announced that it has been named a Thomson Reuters 2014 Top 100 Global Innovator for the fourth consecutive year. The program, an initiative of Thomson Reuters' Intellectual Property & Science business, honors the 100 corporations and institutions that are dedicated to innovation, committed to protecting patent rights globally, and whose inventions have worldwide influence.
TE has over 18,000 patents granted or pending, over 7,500 engineers and invests nearly five percent of sales in research, development and engineering. Twenty four percent of the company's sales come from new products introduced over the last three fiscal years and, in the past year, TE has significantly expanded its range of sensor solutions.
"Innovation is a core value of our company, driving how we design and manufacture the smart connectors, sensors and components critical in a more connected world," said Tom Lynch, Chairman and CEO of TE Connectivity. "We are honored to be recognized again as one of the world's most innovative companies by Thomson Reuters."
The Thomson Reuters 2014 Top 100 Global Innovator methodology is based on four principle criteria: overall patent volume, patent grant success rate, global reach of the portfolio and patent influence as evidenced by citations. The peer-reviewed methodology was executed using Thomson Reuters Derwent World Patents Index® (DWPI), Derwent Patents Citations Index™, Quadrilateral Patent Index™, and Thomson Innovation®, its IP and intelligence collaboration platform. Comparative financial analysis was done using the Thomson Reuters Advanced Analytics for Deal-Making platform.
To view the full report on the Thomson Reuters 2014 Top 100 Global Innovator program, go to http://top100innovators.com.
ABOUT TE CONNECTIVITY
TE Connectivity (NYSE: TEL) is a $14 billion global technology leader. Our connectivity and sensor solutions are essential in today's increasingly connected world. We collaborate with engineers to transform their concepts into creations – redefining what's possible using intelligent, efficient and high-performing TE products and solutions proven in harsh environments. Our 80,000 people, including 7,500 design engineers, partner with customers in over 150 countries across a wide range of industries. We believe EVERY CONNECTION COUNTS – www.TE.com.
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SOURCE TE Connectivity Ltd.
Media Relations: Jane Crawford, TE Connectivity, 610-893-9689, Jane.crawford@te.com; Investor Relations: Sujal Shah, TE Connectivity, 610-893-9790, Sujal.Shah@te.com