Who Generates Higher Gross Profit? Analog Devices, Inc. or TE Connectivity Ltd.

A Tale of Two Giants: Analog Devices vs. TE Connectivity

In the competitive landscape of the semiconductor and connectivity industries, Analog Devices, Inc. and TE Connectivity Ltd. have been vying for dominance in gross profit generation. Over the past decade, TE Connectivity consistently outperformed Analog Devices until 2022, when Analog Devices surged ahead with a remarkable 50% increase in gross profit, reaching its peak in 2023. This shift highlights Analog Devices' strategic advancements and market adaptability.

From 2014 to 2021, TE Connectivity maintained a steady lead, with gross profits averaging around 4.6 billion annually, while Analog Devices averaged 4.2 billion. However, the tide turned in 2022, as Analog Devices capitalized on emerging market trends, surpassing TE Connectivity by 44% in 2023. This dynamic shift underscores the importance of innovation and strategic foresight in the ever-evolving tech industry.