TE Connectivity Ltd.
) recently unveiled its troika of novel fiber solutions at the
Optical Fiber Communication (OFC) Conference in San Francisco.
However, the news failed to raise market sentiment, as the
company's stock price fell 1.7% to close at $57.89 on Mar 11.
TE Connectivity is focused on expanding its presence in the
fiber optics industry and hence is pursuing research and
development to meet the rising demand. Notably, the company
launched the Coolbit optical engine, powered fiber cable system
and thermal adhesive coated (TAC) fiber system to broaden its
portfolio fiber solutions.
The company's Coolbit optical engine will enhance the Ethernet
and InfiniBand applications by providing speedy and efficient
connectivity solutions while consuming less power. Its fiber
cable system optimizes the installation process by integrating
the power supply, cable and powering units for the easy
deployment of small cell and other devices for efficient network
This system cuts down on the requirement of electrical design
calculations by providing a competent powering system. The TAC
system is designed to offer better indoor fiber installation. It
consists of a dispenser tool, fiber cable and adhesive for fast
and easy installations.
These three solutions are designed to aid network service
providers to improve their competence while also increasing the
flexibility and profitability of networks.
TE Connectivity currently has a Zacks Rank #2 (Buy). Other
stocks in the industry which look promising at the moment include
Active Power Inc.
Ballard Power Systems Inc.
). While CTS Corp. sports a Zacks Rank #1 (Strong Buy), Active
Power and Ballard Power Systems have a Zacks Rank #2 (Buy).
ACTIVE POWER (ACPW): Free Stock Analysis
BALLARD PWR SYS (BLDP): Free Stock Analysis
CTS CORP (CTS): Get Free Report
TE CONNECT-LTD (TEL): Free Stock Analysis
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