{"id":55711,"date":"2026-04-22T07:23:51","date_gmt":"2026-04-22T11:23:51","guid":{"rendered":"https:\/\/tvdelmarva.com\/wp\/te-connectivity-warns-of-customer-price-increases-due-to-middle-east-conflict\/"},"modified":"2026-04-22T07:23:51","modified_gmt":"2026-04-22T11:23:51","slug":"te-connectivity-warns-of-customer-price-increases-due-to-middle-east-conflict","status":"publish","type":"post","link":"https:\/\/tvdelmarva.com\/wp\/te-connectivity-warns-of-customer-price-increases-due-to-middle-east-conflict\/","title":{"rendered":"TE Connectivity Warns of Customer Price Increases Due to Middle East Conflict"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n

TE Connectivity exceeded Wall Street’s quarterly earnings projections on Wednesday, though the Ireland-based technology company cautioned that ongoing Middle East conflicts could force them to increase customer prices due to rising material costs.<\/p>

The company’s stock price dropped more than 5.4% during premarket trading following the announcement.<\/p>

CEO Terrence Curtin explained in a Reuters interview that the conflict in Iran has created additional expenses for shipping, freight transportation, and oil-derived materials like resins.<\/p>

“We will have to see how long these impacts last, hopefully not long, and in that regard, (we will) have to pass on pricing to protect our margin,” Curtin stated.<\/p>

The Middle East war has disrupted oil and petrochemical supply chains, leading to increased costs for plastics and polymers. This has forced various companies to implement pricing adjustments and operational changes to maintain profitability.<\/p>

TE Connectivity’s industrial solutions division, which produces electrical connectors and components for factory automation and data center equipment, experienced remarkable growth with sales jumping 27% compared to the same period last year.<\/p>

According to Curtin, this industrial segment expansion resulted from increased demand for artificial intelligence technologies and energy infrastructure, particularly electrical grids supporting power-intensive data centers.<\/p>

The company’s transportation solutions division, manufacturing vehicle terminals, connectors, and sensors, recorded a 4.7% year-over-year sales increase during the second quarter.<\/p>

For the upcoming quarter, TE Connectivity projects adjusted earnings of $2.83 per share, surpassing analyst predictions of $2.80 per share based on LSEG data.<\/p>

The quarter ending March 27 generated $4.74 billion in revenue, slightly below the anticipated $4.76 billion.<\/p>

The company reported second-quarter adjusted earnings of $2.73 per share, exceeding analyst estimates of $2.70.<\/p>","protected":false},"excerpt":{"rendered":"

Ireland-based TE Connectivity beat quarterly profit expectations but cautioned it may need to raise prices for customers due to supply chain disruptions from the Middle East war. The company’s stock dropped over 5% in premarket trading following the announcement.<\/p>\n","protected":false},"author":4,"featured_media":55710,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[834],"tags":[],"class_list":["post-55711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776857030978.jpg?fit=450%2C300&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pbtNqq-euz","jetpack-related-posts":[{"id":47403,"url":"https:\/\/tvdelmarva.com\/wp\/middle-east-conflict-drives-egyptian-business-activity-to-near-two-year-low\/","url_meta":{"origin":55711,"position":0},"title":"Middle East Conflict Drives Egyptian Business Activity to Near Two-Year Low","author":"Admin","date":"April 5, 2026","format":false,"excerpt":"Egypt's private sector economy contracted sharply in March as ongoing Middle East warfare increased business costs and reduced customer demand. A key business survey showed the steepest decline in nearly two years, with companies citing war-related uncertainties and rising prices as major challenges.","rel":"","context":"In "World News"","block_context":{"text":"World News","link":"https:\/\/tvdelmarva.com\/wp\/category\/world-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1775370082402.jpg?fit=450%2C329&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":32253,"url":"https:\/\/tvdelmarva.com\/wp\/middle-east-conflict-disrupts-asian-fuel-markets-drives-up-global-shipping-costs\/","url_meta":{"origin":55711,"position":1},"title":"Middle East Conflict Disrupts Asian Fuel Markets, Drives Up Global Shipping Costs","author":"Admin","date":"March 6, 2026","format":false,"excerpt":"Fighting in the Middle East has severely reduced fuel oil shipments through the Strait of Hormuz, creating supply shortages across Asia. The disruption has caused fuel prices to surge over 40% in Singapore, the world's largest ship refueling port, which will likely increase costs for global shipping companies.","rel":"","context":"In "World News"","block_context":{"text":"World News","link":"https:\/\/tvdelmarva.com\/wp\/category\/world-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1772779671233.jpg?fit=450%2C281&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":55341,"url":"https:\/\/tvdelmarva.com\/wp\/global-condom-manufacturer-plans-major-price-hike-due-to-middle-east-conflict\/","url_meta":{"origin":55711,"position":2},"title":"Global Condom Manufacturer Plans Major Price Hike Due to Middle East Conflict","author":"Admin","date":"April 21, 2026","format":false,"excerpt":"Malaysia-based Karex, the world's largest condom producer, announced plans to increase prices by 20-30% due to supply chain disruptions from the Iran conflict. The company supplies major brands like Durex and Trojan and is experiencing a 30% surge in demand while facing significant shipping delays.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776767143527.jpg?fit=450%2C283&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":58498,"url":"https:\/\/tvdelmarva.com\/wp\/iran-conflict-threatens-internet-cables-under-key-middle-east-waterway\/","url_meta":{"origin":55711,"position":3},"title":"Iran Conflict Threatens Internet Cables Under Key Middle East Waterway","author":"Admin","date":"April 28, 2026","format":false,"excerpt":"Iran has identified underwater internet cables in the Strait of Hormuz as vulnerable targets, raising concerns about potential disruptions to global digital communications. These submarine cables carry 99% of the world's internet traffic and connect Asia to Europe through the Middle East.","rel":"","context":"In "World News"","block_context":{"text":"World News","link":"https:\/\/tvdelmarva.com\/wp\/category\/world-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1777364556123.jpg?fit=450%2C253&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":30486,"url":"https:\/\/tvdelmarva.com\/wp\/gas-prices-hit-3-per-gallon-as-middle-east-conflict-escalates\/","url_meta":{"origin":55711,"position":4},"title":"Gas Prices Hit $3 Per Gallon as Middle East Conflict Escalates","author":"Admin","date":"March 2, 2026","format":false,"excerpt":"Fuel costs at Delaware pumps have climbed above $3 per gallon for the first time since November as Middle East tensions disrupt oil supplies. The price surge could pose political challenges for President Trump ahead of midterm elections, with analysts predicting further increases this week.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1772484386897.jpg?fit=450%2C308&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":29465,"url":"https:\/\/tvdelmarva.com\/wp\/middle-east-tensions-could-send-gas-prices-soaring-above-3-per-gallon\/","url_meta":{"origin":55711,"position":5},"title":"Middle East Tensions Could Send Gas Prices Soaring Above $3 Per Gallon","author":"Admin","date":"February 28, 2026","format":false,"excerpt":"Energy markets are bracing for potential volatility next week following recent U.S. and Israeli military actions in the Middle East. Oil prices have already climbed to seven-month highs, and experts warn gas prices could surge well above $3 per gallon if regional oil supplies face disruption.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/02\/news-1772299888829.jpg?fit=1000%2C666&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/02\/news-1772299888829.jpg?fit=1000%2C666&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/02\/news-1772299888829.jpg?fit=1000%2C666&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/02\/news-1772299888829.jpg?fit=1000%2C666&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts\/55711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/comments?post=55711"}],"version-history":[{"count":0,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts\/55711\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/media\/55710"}],"wp:attachment":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/media?parent=55711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/categories?post=55711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/tags?post=55711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}