TE Connectivity’s Q2 net income drops 35.6% y/y to USD380 million

News

Company expects full-year sales in the range of USD12.1 billion to USD12.5 billion

TE Connectivity has reported a 35.6% year-over-year (y/y) decline in net income to USD380 million in the second quarter ended 25 March 2016, the company said in a press release on Wednesday (20 April).

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