Strengthen confidence in investing in China

PXIe-5172 The ability to attract the attention of the global management is inseparable from the flexible changes of the Chinese automobile market faced by TE Automotive Division in China for more than 30 years, and the adherence to the “local team, local decision-making, local production, local research and development, local supply chain”. In response to the development of intelligent electronics in the automotive industry, TE Automotive Division actively develops and applies TE high-voltage connector CSJ series products and second-generation automotive charging socket series products, which have been accepted and used by overseas customers.

By working with local suppliers, TE is able to better control costs, improve product quality and shorten lead times. This enabled TE’s China team to achieve significant results in product quality, operational efficiency and cost management, and to promote Chinese raw material suppliers to the Japanese and Korean markets. TE’s global executive team is also increasingly choosing to hold global operations meetings in China, want to visit the management experience on site, and hold innovation conferences in the electric vehicle industry in China to be close to customers, these practical actions expand the influence of the China team globally.

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TE Automotive Division’s investment in China is also remarkable, has laid out six advanced manufacturing bases and an engineering technology center in the Yangtze River Delta region, relying on different production line layout and location advantages, each base has a clear division of labor, and each performs its own duties. Among the six advanced manufacturing bases, four in Suzhou Industrial Park and one in Kunshan High-tech Zone are in stable operation. Just realized the structure of the Nantong base investment of up to 150 million US dollars, is expected to be in next spring trial production, the total planned annual capacity is expected to be about 3.576 billion pieces, including high-voltage connectors, high-speed high-frequency connectors, low-voltage connectors, wire harness assembly and other product lines, in the Chinese auto industry to ensure supply at the same time, but also to meet the rapidly changing needs of the Chinese auto market.

PXIe-5172 “Previously, new energy technologies mainly came from Germany or Europe. But since the rise of China’s new energy industry, some new forces have also emerged, providing China with soil for innovation. China’s automobile industry is in a stage of rapid development and will usher in more opportunities and challenges in the next few years. We will continue to strengthen cooperation with Chinese Oems to jointly promote innovation and development of the automotive industry.” International companies look forward to a fair and open development environment in any market, and in China, policy continuity and stability lay the foundation for a good business environment, Sun said.