AMPHENOL CORP DE
For the period ended Dec 31, 2023. Filed Feb 7, 2024.
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FY2023 · Filed Feb 7, 2024
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Reportable Business Segments
The Company’s strategy is to provide our customers with comprehensive design capabilities, a broad selection of products and a high level of quality and service on a worldwide basis, while maintaining continuing programs of productivity improvement and cost control. The Company aligns its businesses into three reportable business segments:(i)*Harsh Environment Solutions,(ii)Communications Solutions and(iii)* Interconnect and Sensor Systems. This alignment reinforces the Company’s entrepreneurial culture and the clear accountability of each of our business unit general managers, while enhancing the scalability of Amphenol’s business for the future. The Company has three segment managers who lead their respective reportable business segments, each reporting directly to the Company’s Chief Executive Officer. All segment information throughout this Annual Report is presented under our three reportable segments.
A description of each of our reportable business segments is as follows:
Harsh Environment Solutions – the Harsh Environment Solutions segment designs, manufactures and markets a broad range of ruggedized interconnect products, including connectors and interconnect systems, printed circuits and printed circuit assemblies and other products.
Communications Solutions – the Communications Solutions segment designs, manufactures and markets a broad range of connector and interconnect systems, including high speed, radio frequency, power, fiber optic and other products, together with antennas.
Interconnect and Sensor Systems – the Interconnect and Sensor Systems segment designs, manufactures and markets a broad range of sensors, sensor-based systems, connectors and value-add interconnect systems.
The following table provides a summary of the end markets that we service and our key products within each of the three reportable business segments:
| Reporting Segment | Harsh Environment Solutions | Communications Solutions | Interconnect and Sensor Systems | |||
|---|---|---|---|---|---|---|
| | | | | | | |
| % of 2023 Net Sales: | 28% | 39% | 33% | |||
| | | | | | | |
| End Markets | | ● Automotive● Commercial Aerospace● Defense● Industrial● Information Technology and Data Communications● Mobile Networks | | ● Automotive● Broadband Communications● Commercial Aerospace● Defense● Industrial● Information Technology and Data Communications● Mobile Devices● Mobile Networks | | ● Automotive● Commercial Aerospace● Defense● Industrial● Information Technology and Data Communications● Mobile Networks |
| | | | | | | |
| Key Products | | Connectors and Connector Systems:● harsh environment data, power, fiber optic and radio frequency interconnect productsValue-Add Products:● backplane interconnect systems● cable assemblies and harnesses● cable management productsCable:● coaxial cableOther:● flexible and rigid printed circuit boards | | Connectors and Connector Systems:● fiber optic interconnect products● high-speed interconnect products● radio frequency interconnect productsValue-Add Products:● cable assemblies and harnessesAntennas:● consumer device antennas● network infrastructure antennasCable:● coaxial, power and specialty cableOther:● hinges and other mechanical products● production-related products | | Connectors and Connector Systems:● busbars and power distribution systems● power interconnect productsValue-Add Products:● backplane interconnect systems● cable assemblies and harnessesSensors and Sensor-based Products:● force● gas and moisture● level● position● pressure● temperature● vibration |
For further details related to the Company’s reportable business segments, information regarding the Company’s operations and results by reportable segment, as well as the Company’s net sales and long-lived assets by geographic area, refer to Note 13 of the Notes to Consolidated Financial Statements, which is incorporated herein by reference.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.