Washington, D. C. Securities and Exchange CommissionC. Sentence: 20549 sentence: Sentence meaning:Mark One) X annual report submitted under Section 13 or 15 (d) Securities Trading Act or o transition report for the fiscal year ended October 31, 2017 under Section 13 or 15 (d) Document Number of the 19-34 Securities Trading Act on the transition period from Commission: 001- 36334 ___ _ Keysight Technology Co. , Ltd. ( The exact name of the registrant specified in the articles of association)Delaware 46- 4254555 state or other jurisdiction of the company or First organization. R. S. Employer identity number Main Executive Office Address: telephone number of registrant, CA 1400 Santa Rosa Fountaingrove Parkway 95403, including area code :(800)829- 4444 securities registered under article (b) Title of the act: each class name of each exchange with a registered Common stock par value of $0. New York Stock Exchange $01 per share Securities registered under section 12th (g) The point of the bill is: if the registrant is a well, no one has indicated by a check mark Well-known experienced issuers as defined in Rule 405 of the Securities Act. Yes x no o indicate by check mark whether the registrant does not need to submit a report under Section 13 or section 15 (d)of the Act. Yes o NO x indicates the registrant by check mark (1) All reports requested in Section 13 or 15 have been submitted (d) Securities Trading Act of 1934 within the first 12 months ( Or a short period of time required for the registrant to submit such reports), and (2) This filing requirement has been bound for the last 90 days. Yes x no o indicate by check mark whether the registrant has submitted and posted electronically on its company website, if anyT (§232. This Chapter 405) Within the first 12 months ( Or in such a short time that the registrant is required to submit and publish these documents). Yes x no o if default declarant is disclosed under section 405th of the regulations, please indicate by check mark-K (§229. This Chapter 405) As the registrant is aware, it is not included here and will not be included in the final proxy or information statement referenced in Part 2 of this Form 10 -- K or any amendments to this form 10K. O indicate by check mark whether the registrant is a large accelerated filer, non-accelerated filer A smaller reporting company. See the definition of \"large accelerated reporting companies\", \"Small reporting companies\" and \"emerging growth companies\" in Rule12b 2 of the Trading Act. Large acceleration filer x non-acceleration filer o Acceleration document for small reporting companies of emerging growth company o ( Do not check if there are smaller reporting companies) If an emerging growth company, please indicate by check mark whether the registrant chooses not to use the extended transition period to comply with any new or revised financial accounting standards provided under section 13 (a) The Trading Act. O indicate whether the registrant is a shell company by check mark ( Defined in Rule 12b- 2 parts of the transaction law). No no x total market value of common stock held by non-shareholders As of April 30, 2017, according to the closing price of common stock quoted by the registrant on the New York Stock Exchange, the subsidiary company was approximately $5 billion. Shares held by senior staff, directors and 5% or more shareholders are excluded as these persons may be considered affiliated companies. The determination of this status of association is not necessarily a conclusive decision for other purposes. As of December 15, 2017, we had 187,284,245 outstanding ordinary shares. Reference Document description incorporated according to the Reference Document Description 10- Part K of the proxy statement of the annual meeting of shareholders ( Statement of agency] It will be held on March 22, 2018 and will be submitted under regulation 14 a within 120 days of the end of the registrant\'s fiscal year as at October 31, 2017, with reference to Part II of this report. Third, the directory page forwarding- Looking to state Part I business Item 1a Risk Factors item 1b unresolved staff comments item 2 property item 3 Legal Action Item 4 mine safety disclosure Part II item 5 Registration related shareholder matters and issuer purchase stock securities Project 6 Selected Financial Data Project 7 Management Discussion and Analysis of financial status and operational results changes and differences with accountants in accounting and financial disclosure Other part 3 of the information sub-item 10 directors, executives and corporate governance sub-item 11 executive compensation sub-item 12 guarantee ownership of certain beneficial owners and management and related shareholder matters sub-item 13 certain relationships and related transactions, annex 15 of Part IV, Annex 2 of the financial statements- This report contains forward-looking statements Forward-looking statements, including, but not limited to, statements about trends, seasonality, periodicity and growth, and drivers of the market in which we sell, our strategic direction, our effective tax rates and tax assessment allowances in the future, the income of our foreign subsidiaries, remedial activities, introduction of new products and services, the ability of our products to meet market needs, changes in our manufacturing process, the use of contract manufacturers, the impact of local government regulations on our ability to pay supplier fees or conduct operations, our liquidity status, our ability to generate cash from operations, the growth of our business, our investments, the potential impact of adopting new accounting statements, our financial results, our commitment to purchase, our contribution to the pension plan, select a discount rate for our benefit plan, our cost and confirm any profit and loss From our restructuring plan and other cost savings plans as well as other regulatory approvals, consolidation of acquisitions and other transactions we have completed, control activities we have obtained in our transition to lower, savings and layoffs The cost area, the presence of economic instability, and the estimation or expectation of future operational results involving risks and uncertainties by US and the joint group. Our actual results may be very different from those of these forward-looking ideas. Outlook statements due to various factors including, but not limited to, risks and uncertainties discussed elsewhere in item 1a and table 10K. PART I Item1. Keysight Technologies, Inc. Business Overview( \"We\" \"Keysight\" or \"Company \") Founded in Delaware in December 6, 2013, it is a measurement company that provides electronic design and testing solutions for the communications and electronics industries. We provide electronic design and testing instrument systems and related software, software design tools and services for design, development, manufacturing, installation, deployment, verification, optimization and safe operation of electronic systems. Start-related services- Improve assistance, instrument productivity, application services and instrument calibration and repair. We also offer customization, consulting, and optimization services throughout the customer\'s product lifecycle. On April 18, 2017, under the terms of the agreement and merger plan between Keysight and Ixia on January 30, 2017 ( Merger Agreement) , We acquired all outstanding common shares of Ixia for $1. 622 billion, deducting $72 million in cash acquired on a $19 exchange offer. 65 per share ( \"Merge considerations \"). Under the merger agreement, any unexercised and unexercised Ixia stock options below the combined consideration and any unexercised Ixia restricted stock awards are canceled and converted to the equivalent of $19. 65 per share ( Minus the exercise price of Ixia stock options). The vested portion of the award associated with the prior service of Ixia employees accounts for approximately $47 million of the total consideration amount. We fund the acquisition through the proceeds of cash and debt financing and equity financing. In August 31, 2017, we acquired all outstanding common shares of ScienLab for $60 million, deducting cash from the $2 million acquisition. German science laboratory Companies that provide testing solutions for automotive OEMs and Tier 1 suppliers in the automotive and energy markets. This acquisition complements our portfolio and allows the finalto- Terminal Solutions for hybrid electric vehicles, electric vehicles and battery test solutions Market dynamics. We use existing cash to fund the acquisition. As a result of the acquisition, ScienLab has become A wholly owned subsidiary of Keysight. We have a comprehensive sales strategy that uses our direct sales people, distributors, distributors, and manufacturers reps. Strategies vary depending on customer size, product complexity, and geographic coverage. We made $3. Net income for 2017 was $2 billion and $2. Net income for the fiscal year 2016 was 9 billion and 2015. In our net income of $3. For the fiscal year ending 2 billion on October 31, 2017, we created 33% of the United States and 67% of the region outside the United States. As of October 31, 2017, we have about 12,600 employees worldwide. Our main R & D locations are California, Colorado, Georgia and Texas in the United States, as well as the United States outside China, Finland, Germany and the United States. K. India, Japan, Malaysia, Romania, Singapore and Spain. As of October 31, 2017 and as of the fiscal year, net income, operating income and asset income of the business unit, 2016 and 2015 are shown in note 20, \"department information\" to our consolidated financial statements, we quoted it here. In the fiscal year 2017, we have more than 16,000 direct customers for our products and services, and more than 32,000 customers including indirect channels. None of our customers account for 10% or more of our net income. Many of our customers have access to products and services in multiple areas. 3 directory strategy focus on electronic design and testing, we provide the market- Leading solutions covering a wide range of industries including commercial communications, aerospace, defense and government, automotive, energy, semiconductor and electronics industries. In addition, we offer test, security, and visibility solutions that validate, protect and optimize networks and applications from engineering concepts to real-time deployment. Our research and development focuses on customer design and testing challenges, from design simulation to prototype verification to manufacturing testing to network optimization. Our company\'s goal is to increase their productivity by accelerating the product time of our customers. to-market. \"Market and customer opportunities are driven by evolving technical standards and demand for faster data rates and new form factors from features- Rich solutions for modular solutions for handheld instruments. Our strategic focus is on providing the market. Lead Solutions and growth by investing in the following areas: new wireless communication measurement solutions. We are investing in the development of new wireless communication test solutions to meet the commercial communication terminal market driven by mobile data growth and evolving wireless standards (especially 5g. The acquisition of Annett in the fourth quarter of fiscal 2015 strengthened our wireless software design and testing portfolio, and its Network Testing business expanded the addressable market for our services. Our early 5g solution has also gained significant traction. With our technical breadth and expertise and strategic cooperation with the market Leading customers and partners in the world, we have leading Even if the development progress is accelerated, the edge solution for 5g applications can be provided when needed. Industry- Focus Solutions Across form factors. We focus on industry solutions to provide customers with solutions that take advantage of our leadership From a functional point of view, the EDGE technology across the shape Rich solutions for modular solutions for handheld instruments. We have the broadest portfolio of software, hardware and service solutions in the industry and continue to take advantage of our capabilities Integrate a wealth of instruments and equipment into a combination of modular and handheld measurement solutions to meet the complex design and measurement needs of customers. New automotive design and measurement solutions. We are actively investing in the development of new automotive testing solutions to solve problems in the fast-growing areas of electric, hybrid, connected and autonomous vehicles. In support of this strategy, we successfully acquired ScienLab, a vehicle power testing provider, in fiscal 2017. Take the lead in bringing network testing solutions to market. High rapid growth Speed, connected devices require service providers and data center operators to constantly update their networks to provide a higher level of data transmission performance, improve customer service quality and enhance network security. After the acquisition of Ixia in the second quarter of FY17, Keysight Technologies became the market leader in next-generation network testing and network visibility solutions. Enhanced and extended software solutions. The percentage of Measurement Science and functionality delivered through software solutions is getting higher and higher. Our broad portfolio of software solutions and software productivity tools is an important asset for the company. We continue to invest in software development to make the most of its growth potential and provide the industry- Leading measurement applications in electronic design automation (\"EDA\") Design and test solutions for software and software protocols. New service solutions. As we invest in expanding the portfolio of service solutions, our service business represents a meaningful growth opportunity. Our focus is through more Supplier-managed services and asset management are built on a solid foundation of global maintenance and calibration capabilities. In addition, our used equipment marking business provides a good foundation for the development of our technology update program. We also extend service solutions to new areas such as tiered products and technical support for solutions. Our electronic measurement business started in 1939. We have more than 75 years of innovation, expertise in Measurement Science and deep customer relationships. We do business with most of the world\'s top 1000 companies that are developing electronic products. We help accelerate innovation, connect and protect the world. The following advantages are significant: technical leadership as a competitive advantage. Proprietary software and hardware technologies not available in the commercial market, developed by our 14 R & D centers around the world, enables many Keysight products to provide the best design and requirements for the engineering of our customers. Keysight\'s EDA computer-aided design software, based on intellectual property developed over the decades, is used in radio and microwave frequency design and is the preferred tool for use in more than two centuries There are three engineers in the world who have done 4 catalog design work in this field. Some of Keysight\'s hardware technology is designed and manufactured in our own interior. The purpose is to build a residential integrated circuit manufacturing facility- Built and optimized to deliver unparalleled performance and functionality in a broad portfolio of Keysight instruments. Once these technologies are developed, they can be deployed in a variety of instrument profiles including desktop instruments, modular instruments, and handheld portable instruments. For Keysight, deploying technology in all instrument form factors can generate multiple revenues from one technology investment. As a result, Keysight is recognized as a product leader in the five core engineering instrument categories; Simulation software for RF and microwave design, network testing, network analyzer, signal analyzer and signal source. A broad portfolio of solutions to meet customer needs. Keysight has the broadest portfolio of electronic design and testing solutions in the industry. Our hardware portfolio covers many technologies, price points, and form factors. We use RF, microwave, high- Speed Digital and universal meter. In addition, we have a wide portfolio of software products including EDA software for RF and high RF Fast digital design, hundreds of measurement application solutions that help customers make specific measurements quickly and consistently, and software tools for programming. Industry- Leading commitment to product quality and reliability. Keysight enjoys a high reputation in the industry High quality- Reliability of electronic measuring instruments and software. Ensuring quality and reliability is an integral part of our new product development process. The mounting base is large. We have a wide portfolio of large support equipment and a long history of production. High Performance- High quality products. The foundation of this installation enables a strong, growing service solution Group to provide a wide range of calibration and repair services on the basis of each accident and contract, and provide an important source of loyal customers for future sales. Global sales channels. Our sales channels are all over the world. We have experienced management teams and highly technical sales and application engineers around the world, including strong local businesses in emerging markets. Our sales channel strategy is subdivided according to customer size, customer location and product features. We have deployed a direct sales organization that focuses on selling higher-performance products and industry solutions to global and geographic customers. About 77% of our business comes from interacting with customers from direct selling agencies. To ensure broad geographic coverage and further drive growth, we maintain a network of more than 700 channel partners to complement our direct sales team. Centralized fulfillment of orders. Our order fulfillment organization allows us to take advantage of the scale and scope of our business to provide highMarket-quality Provide customers with leading instrument solutions while creating competitive gross margin. Keysight has a central order fulfillment organization that provides solutions for cross-regional customers. Our factory in Penang, Malaysia is our largest manufacturing facility with a good track record in operational excellence, technical capabilities and quality. We have established a network of suppliers and subcontractors, especially in Asia, which complements our internal The ability of the house. Business Model. Our operating model contains a lot of cost structural flexibility with the aim of achieving substantial profitability throughout the business cycle. To increase the flexibility of the cost structure, we have implemented variable compensation plans, sales channel strategies, and outsourcing components of the supply chain. In fiscal 2016, we completed an organizational change that aligned our organization with the industry we serve, resulting in three reporting operations-the Communications Solutions Group (“CSG”) Electronic Industry Solutions Group (“EISG”) And service solution group (“SSG”). CSG and EISG came from our previous measurement solutions division, while SSG was previously reported as the customer support and services division of the company. The preliminary amount was revised in 2016 to comply with the presentation. We completed the acquisition of Ixia in April 18, 2017, and Ixia became our fourth reportable market segment, the Ixia Solutions Group (“ISG”). The new organizational structure continues to include centralized enterprise functions that provide support across groups. The Communications Solutions Group provides services to customers in the global commercial communications terminal market (including Internet infrastructure) and in the aerospace, defense and government terminal markets. The group provides electronic design and testing software, instruments and systems for electronic equipment simulation, design, verification, manufacturing, installation and optimization. The business generated $1 in revenue. $7 billion in 2017 fiscal year. $8 billion and $1 in 2016 fiscal year. 7 billion fiscal year 2015. 5 catalog communications solutions group market our Communications Solutions Group serves the following two markets: commercial communications market we sell our electronic design and test solutions to network equipment manufacturers (“NEMs”) Wireless device manufacturers and communication service providers, including component manufacturers in the supply chain for these customers. The growth of mobile data traffic and the increasing complexity of semiconductors and components are drivers of testing demand across the communications market. NEMsmanufacture and sell products that can transmit voice, data and video traffic. Nem\'s customers are communication service providers that deploy and operate networks and services and distribute end-user devices, including wireless personal communication devices and set-top boxes. In order to meet the needs of customers, NEMsrequire requires the development, production and installation of test and measurement instruments, systems and solutions for each optical, electrical and wireless network technology. Wireless device manufacturers need to provide design and test solutions for the design, development, manufacturing and repair of a variety of mobile devices. These mobile devices are used to provide voice, data, and video to individuals wirelessly connected to the network of service providers. The customers of equipment manufacturers are large and small service providers, businesses and consumers who purchase equipment directly from retailers. Wireless device manufacturers need design and test solutions that can be technically developed in accordance with the latest standards. Communication service providers need reliable data center and network devices that provide new services and enable their networks to operate with growing capacity. In order to achieve this, a complex set of test instruments and systems is required by the communications service provider to ensure compliance with communication standards and network requirements and to evaluate network performance. Component Manufacturers design, develop and manufacture electronic and optical components and modules for network devices and mobile devices. Component manufacturers need to test and measure products to verify that the performance of their components and modules meets the customer\'s specifications. Aerospace, defense and government markets we sell our electronic design and test solutions to manufacturers and research laboratories in aerospace and defense industries. This market includes commercial and government customers as well as their contract suppliers. The modernization of global satellite, radar and surveillance systems is a driver of testing needs in the aerospace and defense markets. Government clients include defense ministries and related agencies around the world. Contractors support government and commercial customers by providing design and manufacturing capabilities for various projects. We also sell to subcontractors and component manufacturers in the supply chain. Customers develop and manufacture various electronic components and systems for aerospace and defense industries using our electronic measuring instruments, including commercial and military aircraft, space, satellites, radar, intelligence and surveillance The customer tests the electrical parameters of various components, components and final products and usually requires a large system containing a variety of electronic instruments. Our electronic design and testing solutions include RF and microwave instruments, digital instruments, and a variety of other general purpose testing instruments and targeted testing solutions. According to the specific requirements of the customer application, we provide these products and related software in various forms, including desktop, modular and handheld. Our high-end software solutions Frequency EDA software tools are used to model, simulate and analyze communication product design at the circuit and system levels. Our measurement application software is an extension of our hardware solutions that enable us to design and manufacture the next step using a wide range of measurement capabilities across all end markets- Electronic components and products. The acquisition of Anite provides software tools for designing and testing the wireless device software section as well as testing network performance. Our RF and microwave test instruments and related software and EDA software tools are mainly used in wireless, aerospace and defense applications. These products are required for the design and production of wireless network products, communication links, mobile devices and base stations. RF and microwave test instruments include signal analyzers, signal generators, network analyzers, Box tester and meter. Anite\'s acquisition provides software and hardware tools for designing and testing the wireless device software section and testing network performance. Our digital test products are used by R & D engineers in a wide range of industries to verify the functionality and performance of their digital product and system design. These designs range from simple digital control circuits to complex high Speed systems such as computer servers and the latest generation of consoles. The test products provided include Oscilloscope, logic and serial protocol analyzer, logic signal source, arbitrary waveform generator and bit error rate tester. As digital speeds continue to improve, our customers also use our high-frequency EDA software tools to simulate signal integrity issues in digital design applications. Other products our fiber test product suite measures and analyzes various key optical and electrical parameters in the fiber network and its components. Components that our solution can test include source lasers, optical amplifiers, filters, and other passive components. The test products include optical Modulation Analyzer, optical component analyzer, optical power meter and optical laser source products. Our clients include business companies and government agencies around the world. We have customers throughout the life cycle of designing, developing, manufacturing, installing and monitoring various commercial and government communication networks. Commercial customers include OEMs and contract manufacturers of electronic components, semiconductors, wireless devices and network equipment, as well as network service providers that implement, maintain and manage communication networks and services. Other commercial clients include defense contractors and subcontractorscontractors. Government clients include the Ministry of Defense, government agencies and related research institutions. Our customers use our products for R & D and manufacturing and install and maintain RF, microwave frequency, digital, semiconductor and optical products and systems. Many of our customers have purchased solutions for several of our major product lines for their different business units. None of the clients accounted for 10% or more of the group\'s net income. In general, orders and revenues for many communications solutions group markets and product categories are seasonal, traditionally with lower business levels in the first and third quarters of this fiscal year, business volume in the second and fourth quarters of this fiscal year is high. The seasonal impact of our business is affected by broader economic trends and the diversity of electronic measurement products and customers across multiple industries. Communications Solutions group sales and support we have a comprehensive sales strategy that meets the needs of our customers using direct sales people, distributors, Manufacturer Reps and distributors. Our direct sales team focuses on addressing our biggest customer needs and recommends solutions that involve effective use and deployment of our devices, systems and capabilities. Some of our direct sales teams focus on more complex products, such as our high-performance instruments, and customers need strategic advice. Our direct sales team consists of field and application engineers who have a deep understanding of customer business and technical needs. Our application engineers provide a combination of consulting, system integration, application and software engineering services that are common at all stages of the sales, implementation and support of our complex systems and solutions. To complement our direct sales team, we have reached agreements with channel partners around the world. These partners, including distributors, Manufacturer Reps and distributors, provide services to customers in the field of commercial communications and aerospace, defense and government terminal markets, it is expected to provide the same level of service and support as our direct sales staff. Our telephone sales and e-commerce channels also serve lower dollar sales deals. Communication Solutions Group manufacturing we focus the manufacturing work of communication solutions group on the final assembly and testing of products. To maximize our productivity and responsiveness to market conditions, we use contract manufacturers to produce printed circuit boards, sheet metal manufacturing, metal molds Casting, plastic molding and standard electronic components. For competitive advantage, we also manufacture proprietary equipment and components in our own manufacturing facilities. We have production plants in California and Colorado. Outside of the US, we have concentrated manufacturing in Malaysia and other manufacturing plants in China, Germany and Japan. Our factory in Penang, Malaysia is our largest testing and measuring manufacturing facility, proving excellent operations through scale, scope and expertise. In our business, there are three technology centers that provide key components and subsystems together. The three technology centers are located in Boeblingen, Colorado Springs, Colorado and Santa Rosa, California. These technologies include optical components and subsystems, applications. Specific Integrated Circuits (“ASICs”) Thick, thin film circuit, high speed probe and precision machining. These technology centers offer a competitive advantage by developing unique technologies for our solutions. We usually manufacture products only when we receive stable delivery orders and generally do not hold a large inventory of finished products. The communications solutions group competes in the market for electronic design and test solutions to be highly competitive in our target market. Our main competitors in the commercial communications market are Rod & Schwarz Ltd. KG, tech( Subsidiary of Fortive Corporation) , Anli company, Cobham plc, science company ( Subsidiary of Teledyne Technologies) National Instruments and Teradyne Our main competitors in the aerospace, defense and government markets are Rod & Schwarz Ltd. KG, kobam, LACO, and tech Our electronic design and testing solutions offer a wide range of products and related software based primarily on product quality, differentiated capabilities, leadership Edge technology and long term Long-term value to customers. The electronics industry Solutions Group provides test and measurement solutions in a wide range of electronics industry end markets, focusing on high Growth applications in the automotive and energy industries and measurement solutions for semiconductor design and manufacturing, consumer electronics, education, and general electronics manufacturing. The group provides electronic design and testing software, instruments and systems for electronic equipment simulation, design, verification, manufacturing, installation and optimization. The business generated $0. 836 billion in revenue in 2017 fiscal year, $0. 776 billion in 2016 fiscal year and $0. 758 billion in 2015 fiscal year. Electronic Industry Solutions group market we market our electronic design and testing solutions for customers with important electronic content in a wide range of electronic industry end markets. These industries design, develop and manufacture a wide range of products, including mass-produced products such as computers, computer peripherals, electronic components, consumer electronics, enterprise servers, storage networks, and automotive electronics. Components, printed circuit components and functional equipment for these products can be designed, developed and manufactured by electronic components companies, OEMs or contract manufacturers. Other industrial applications of our products include electricity, energy, automobiles, medical care, research and education. Customers use test solutions when developing and manufacturing various electronic components and systems. The test requirements of these customers include the electrical parameters of the test Digital, RF and microwave frequency components and components; Test multiple parameters of printed circuit boards used in almost all electronic devices; Testing of the final product; Testing of systems containing a variety of electronic instruments. For semiconductor and board testing applications, customers use our solutions in the design, development, manufacture, installation, deployment and operation of semiconductor and printed circuit components. Our electronics industry products include design and design verification tools, a wide range of electronic testing and measuring instruments, comprehensive manufacturing systems, material analysis and university education solutions to train the next generation of engineers and scientists. 8 catalog design tools include design-for-test (“DFT”) EDA software for printing circuit components and automotive radar, as well as for wireless and wired communication links in industrial, automotive and power semiconductor devices. The design verification solution includes physical signal properties and protocol compliance, especially for these links for industrial, energy and automotive equipment and products. Major industrial forces are charging traffic, changing the way electricity is generated, stored and controlled. Examples of validation solutions include solutions that help design engineers identify and characterize power semiconductor devices AC power analysis, DC battery/module and electronic module for car body/safety/engine. High- Higher accuracy- Bandwidth power analysis products solve the power efficiency that needs to be improved as the number of batteries increases Power and Energy Efficient equipment. With the recent acquisition of ScienLab, EISG now has the solutions needed to test components in electrified drive trains. General test and measurement products include manualheld (portable) Desktop instruments and modular form. Ability includes more numbers Instrument, function generator, waveform synthesizer, counter, data acquisition (“DAQ”) Thermal imaging, low level, thermal imaging, audio analyzer Cost USB modular, precision SMU ( \"Unit of measurement of source \"), ultra- High-precision device current analyzer, test execution software platform and various power supplies, from desktop power supply to highly scalable AC/DC modular power supply and electronic programmable load. These products are increasingly integrated with solutions Specific software that enables our customers to significantly accelerate and improve the effectiveness of their product design, design validation, manufacturing, and support activities. Our products also support voltage, current, frequency, signal pulse width, subnano- Instrument distance and complex electronic measurement. This enables industry and government agencies to identify basic electrical parameters and ensure that customers are able to calibrate and ensure traceability measurement. Integrated Manufacturing systems include: Printing-circuit-board-assembly (“PCBA”) The IC parameter tester ensures that complex circuit boards and components are correctly assembled to ensure that the semiconductor wafer is equipped with high Precision and subnano- Instrument positioning system for semiconductor wafer manufacturing. We provide effective and efficient manufacturing test solutions for complex transport electronic control/safety systems, including radar, autonomous capability, and status-of-the- Wired and Wireless components. Our flexible, scalable manufacturing system provides the bestin- First-class value enables our manufacturing customers to deliver excellent production, quality and productivity, reducing the total cost of testing. Materials Analysis products include atoms Forced scan- Electron microscopy enables a deeper understanding of the materials that drive breakthroughs in new semiconductor devices and sensors used in the Internet of Things (“IoT”) Electronic manufacturing process. Our highly respected test and measurement products and software have a wide history of application and use in universities and research centers that teach the next generation of engineers and scientists and make basic research flourish The increased global competition in education has driven demand for efficient and timely educational solutions that we are providing in areas such as the internet of things, 5g communications technology and smart devices. Our customers include original equipment and contract manufacturers for electronics industry products and services. These customers use our solutions to develop, manufacture and support products and services. Customer products include semiconductor devices, printed circuit components, electronic modules, and systems. Our customers range from the largest to many The smallest multinational company in the world- Including universities and government agencies around the world. None of the clients accounted for 10% or more of the group\'s net income. In general, orders and revenues for many electronic industry measurement markets and product categories are seasonal and traditionally, in the first and third quarters of this fiscal year, the business level is low, business volume in the second and fourth quarters of this fiscal year is high. The seasonal impact of our business is affected by broader economic trends and the diversity of electronic measurement products and customers across multiple industries. Electronics Industry Solutions group sales and support we have a comprehensive sales strategy that meets the needs of our customers using direct sales people, distributors, Manufacturer Reps and distributors. Our direct sales team focuses on addressing our biggest customer needs and recommends solutions that involve effective use and deployment of our devices, systems and capabilities. Some of our direct sales teams focus on more complex products, such as our high-performance instruments, and customers need strategic advice. Our direct sales team consists of 9 field and application engineers who have a deep understanding of customer business and technical needs. Our application engineers provide a combination of consulting, system integration, application and software engineering services that are common at all stages of the sales, implementation and support of our complex systems and solutions. To complement our direct sales team, we have reached agreements with channel partners around the world. These partners, including dealers, Manufacturer Reps and distributors, provide services to customers in the automotive and energy sectors, the general electronic measurement and semiconductor measurement market, it is expected to provide the same level of service and support as our direct sales staff. Our telephone sales and e-commerce channels also serve lower dollar sales deals. Electronics Industry Solutions Group manufacturing we focus our work on the final assembly and testing of our products. To maximize our productivity and responsiveness to market conditions, we use contract manufacturers to produce printed circuit boards, sheet metal manufacturing, metal molds Casting, plastic molding and standard electronic components. For competitive advantage, we also manufacture proprietary equipment and components in our own manufacturing facilities. We have production plants in California and Colorado. Outside the US, our manufacturing industry is concentrated in Malaysia, and there are other manufacturing plants in China, Germany and Japan. Our factory in Penang, Malaysia is our largest testing and measuring manufacturing facility, proving superior operational capabilities through scale, scope and expertise. In our business, there are three manufacturing technology centers providing key components and subsystems together. The three manufacturing technology centers are located in Boeblingen, Germany, Colorado Springs, Colorado and Santa Rosa, California. These technologies include optical components and subsystems, ASICs, thick film circuits, high-speed probes, and precision machining. These manufacturing technology centers offer a competitive advantage by developing unique technologies for our solutions. We usually manufacture products only when we receive stable delivery orders and generally do not hold a large inventory of finished products. The electronics industry solutions group competes in the electronics industry design and testing solutions market to be highly competitive in our target market. Our main competitors in the electronics industry testing market are Rod & Schwarz Ltd. Jishili/Tec/fluke company anlishu company KG( Subsidiary of Fortive Corporation) LACO company ( Subsidiary of Teledyne Technologies) Teradyne, Inc. , National Instrumentsand Advantest. Our electronics industry design and testing solutions offer a wide range of products, solutions, and related software based primarily on product quality, differentiated capabilities, leading technologies, and long term Long-term value to customers. Ixia Solutions Group Ixia Group helps customers verify the performance and security elasticity of their networks and related applications. The group\'s testing, visibility and security products help organizations and their customers strengthen their physical and virtual networks. Businesses, service providers, network equipment manufacturers and governments around the world rely on the group\'s solutions to verify new products before shipping them and ensure the continuity of their networks with better visibility and security The group\'s product solutions include high Performance hardware platforms, software applications and services including warranty and maintenance services. From the date of acquisition, the business generated $0. 256 billion in revenue in 2017 fiscal years. Ixia Solutions Group Markets we market our network testing hardware platforms, software applications and services, and our network visibility products to global network equipment manufacturers, service providers, businesses and governments. Our network test customers use our products to evaluate their devices and networks in design, manufacturing and pre- The deployment phase, and after deploying the device in the network. Our network visibility products improve the way customers manage their data centers, save valuable IT time, and maximize the return on IT investment. Ixia Solutions Group products and services our product Solutions include our hardware platforms such as our chassis, network cards and devices, software application tools and services, our warranty and maintenance services and professional services are included. Our highly scalable and flexible products enable our customers to configure solutions based on their specific network and use cases. 10 catalog ISG test products we work with our network test hardware platform to provide a comprehensive set of software applications that perform extensive data, signaling, voice, video and application testing on the first floor for customers 7 of the network stack. These solutions measure and analyze the performance, functionality, interoperation, quality of service and consistency of networks, network devices and applications running on these networks. Our technology- The specific application test suite targets a wide range of popular application and security performance and consistency requirements for a variety of protocols, interfaces, and device types. These include automated and targeted delivery, functional and performance testing of technologies and devices, including storage, video, voice, smart networks, specific applications, routing, switching, Wi- Networks, broadband networks, wireless networks, software-defined networks, and virtual networks and functions. Re-create network security attacks with our applications and security loading modules, including exploits, malware, denial of service (\"DoS\") And mobile malware. These load modules provide application and threat assessment solutions on the Internet Scale, create huge Scale of combat, high fidelity simulation and test conditions Test infrastructure, equipment, applications and people. All of these technologies are used in a variety of physical and virtual environments, including ( But not limited) R & D test environment, change management and scenario planning of production network. Our visibility solutions provide realtime, end-to- The ultimate visibility, insight, and security of the physical, virtual, software-defined network (\"SDN\") Virtualization and network capabilities (\"NFV\")networks; Deliver the control, coverage, intelligence and performance that customers need in a seamless way to protect and improve critical network, data center, and cloud business assets. Our comprehensive network monitoring platform, from the network test access point (\"TAPs\"), to high-density, high- Usability, cutting-edge solutions designed for large and complex data centers and networks. Our proprietary software includes patented filtering and content processing techniques to ensure that each monitoring tool receives the correct data needed for analysis, all driven by easy-to-use dragand- Delivery management system. Our advanced processing technology enables additional intelligence and functionality, including Duplicate, packet slicing, time-stamping, real- Time application and threat data, network flow, and session-aware mobility load balancing. Our Eagle Eye solution runs regular validation tests on any site using a wired or wireless connection, quickly and effectively verifies network performance, isolate problems, and proactively detects problems. Hawkeye uses a combination of hardware and software agents called performance endpoints to simulate application traffic and send key performance metrics to the central console for quick operation. Our service revenue mainly includes technical support, warranty and software maintenance services. We also provide training and professional services. We offer technical support, warranty and software maintenance services by selling our hardware and software products. Many of our products include these services that last up to one year at the time of initial purchase. Our customers can choose to extend the service every year or moreyear periods. Our technical support services are provided by our team of highly knowledgeable and responsive customer service and support staff worldwide, and include with set- Launch, configuration and operation of Ixia products. Our warranty and software maintenance services include repair or replacement of defective products, bug fixes, and are not specified when and if there is a software upgrade. Our technical support and software maintenance services also include our application threat intelligence (\"ATI\") Subscribe to our application and security platform, which provides a comprehensive suite of application protocols, threat intelligence, software updates, and responsive technical support. The ATI subscription service provides full access to the latest security attacks, global malicious sites and geo-location data, and app updates for real-time World testing, visibility, security, and evaluation scenarios. Our customers can choose to purchase ATI subscription services for the year or moreyear periods. Ixia Solutions Group customers today\'s network and data centers are constantly improving their performance and scale to accommodate the large number of applications and services we rely on now, these apps and services are what we plan now, travel and more. Applications Drive network capacity, impact the quality of the experience, introduce potential bugs, and lead to more innovation. From device manufacturers to service providers to enterprise and government organizations, each organization is looking to optimize the network and data center to accelerate, secure and extend the delivery of these applications. Our solutions provide the organization with the insight it needs to achieve the following goals Time decisions that optimize performance, enhance security, and improve network scalability, these networks face changing needs. Our range of hardware, software and other services meets the needs of network equipment manufacturers (\"NEMs\") Service providers, businesses and government organizations. Our solution providesto- Our customers test the final method of devices and systems before deployment, and 11 directories verify the performance and security of the network and data center after each change, and help them continuously monitor network applications and security behaviors to manage performance. We offer solutions and services to each of our customer groups, including the following: NEMs. NEMs provides voice, video, data and service infrastructure equipment for customer network operators, service providers and network users. These users have high requirements for functionality, performance, security, and reliability. In order to meet these higher standards, NEMs must ensure the quality of their products during the development and manufacturing process ( Before deployment). Failure to ensure consistent functionality and performance of its products can lead to loss of customers, increased R & D costs, increased support costs, and loss caused by product returns. In many cases, these equipment manufacturers are also large enterprises, so the same challenges can be encountered in their own internal networks using our evaluation and monitoring solutions. Service provider. Service providers seek to provide a growing range of high-quality, advanced web services ranging from traditional telecom and Internet services to social networks, cloud storage and entertainment streams. Failure to deliver a high-quality experience to end users can be costly due to high user churn and reduced revenue. To ensure experience quality and service assurance, the service provider R & D and network engineering team must verify the performance and functionality of the hierarchical network during Device Selection and network design, before deployment and after any changes to the production network. Our network test system simulates millions of mobile users to actually predict the terminal. The quality of the user experience provided by the supplier\'s infrastructure and services. Post- Deployment, service providers rely on our visibility solutions to help monitor and protect their networks and ensure user experience and service performance. Business and government. Businesses and government agencies rely on their networks and data centers to complete their business, and they invest a lot of resources to ensure that applications and services run in the best and secure way. These customers rely on our solutions to help evaluate equipment during the selection process, optimize and strengthen their network design in the lab before launch Once launched, continuously monitor the production network to ensure the best performance and security of the content flowing through the production network. Our security solutions are also used by major organizations to train their employees to understand the new generation of \"cyber warfare and mitigation technologies\" to identify and defend against large-scale cyber attacksattacks. None of the clients accounted for 10% or more of the group\'s net income. Our time is not long. Promise the customer the term of future product purchase or bulk purchase contract, so our customer may reduce or stop buying from us at any time. Sales and support sales of Ixia solutions group. We use our global direct sales force to market and sell our products and solutions. In addition, we use distributors, value-added resellers, system integrators, and other partners to complement our direct sales and marketing efforts in certain vertical and geographic markets. We rely on many distributors, distributors and other partners to create sales opportunities and manage the sales process. Our direct sales team maintains close contact with our customers and supports our distributors, distributors and other partners. Another key component of oursto- The market strategy for certain products is a strategic relationship with technical partners, consisting of network monitoring and management companies to complement their monitoring or security solutions. We mainly cooperate with technical partners in two ways :(i) Through customer recommendation and advice and (ii) Deliver differentiated solutions to our customers through automated integration/interoperable. Technical support for Ixia. Our team of global technical support and field engineers has a high level of network and product expertise. We enable our customers to make the most of our products to achieve their goals, help them answer questions and solve problems they encounter, and minimize downtime. Customers can contact our technical support team by phone, email or website. We have regional support offices in the United States, Europe and Asia. The support services provided by our team to our customers usually include: assisting new customers with product installation and licensing, providing configuration assistance and expert advice on best practices, investigating and quickly resolving user issues, troubleshoot, and quickly fix or replace the hardware as needed, 12 directories provide access to ourselves Customers can report new cases and access our extensive knowledge base articles in the service portal. We also provide quality support options for customers who need a higher level of service. We have invested in the development of our case management systems, support telephone systems, and other tools to enhance our global support capabilities so that we can respond quickly, route customers to the best support engineers and effectively manage their requests for solutions. Ixia Solutions Group manufacturing our manufacturing and supply business mainly includes new product introduction, testing and manufacturing, testing engineering, supply chain management, procurement, quality assurance, order management, final assembly, configuration testing, execution and logistics. We outsource the manufacture, assembly and testing of printed circuit board components, certain network cards and certain chassis to third parties The most important of these are contract manufacturers and assembly companies located in Malaysia and Mexico. This manufacturing process allows us to operate without using a large amount of space and personnel for manufacturing operations alone. The Ixia Solutions Group is highly competitive in the market for providing network testing and monitoring systems, and we expect this competition to continue in the future. At present, we compete with network testing and monitoring solutions vendors such as Spirent Communications, Gigamon and NetScout. We also compete directly or indirectly with large Ethernet switch vendors and network management, analytics, compliance, and testing tool vendors that offer single-point solutions that address a subset of the issues we address. In addition, some of our important customers have developed or may have developed- House products for your own use or sale to others. We believe that our competition is beneficial in the market we serve. We intend to remain competitive through continuous R & D efforts that strengthen existing systems and lead to the development of new products and functions. We will also expand our market share through marketing and sales efforts. The Service Solutions Group provides a global integrated service solution to optimize the testing equipment and productivity of customers, including maintenance and calibration services, professional services and re-manufactured equipment. The business generated $0. 419 billion in revenue in 2017 fiscal year, $0. 402 billion in 2016 fiscal year and $0. 401 billion in 2015 fiscal year. The service solutions group Market Service Solutions Group and the Communications Solutions Group and the electronics industry solutions group are roughly oriented to the same market for automotive, energy, semiconductor manufacturing, general electronics and manufacturing. Service Solution Group products Keysight provides the following general types of services and products under the Service Solution Group: approved product support services. Comprehensive product support services including repair, parts and Certified Calibration of Keysight and non-key Keysight test device. Professional service Optimize training and engineering services for equipment adoption, utilization, and design and testing processes. Re-manufactured equipment Refurbished used equipment including Keysight used ensures the same high quality as our new equipment. Asset management plan Comprehensive service solutions that optimize customer asset tracking, service and utilization requirements throughout the product lifecycle. Service Solution Group customers the customers of our service solution group include the customers of the Communication Solution Group and the Electronic Industry Solution Group. None of the clients accounted for 10% or more of the group\'s net income. 13 catalog services solutions group sales and operations services solutions group shares the same industry-leading sales, marketing and support resources with the Communications Solutions Group and the electronics industry solutions group, including the same direct selling power and complementary channel partners. Trained technicians and engineers meet customer needs through a regional service center, located in 70 Keysight service locations in more than 30 countries, close to customers. Our global business is close to localized services and is an important factor in maintaining the normal operating time and utilization requirements of customer equipment. The service solutions group competes with independent test equipment service providers, government measurement laboratories, and other OEMs. Many of these competitors offer a wide range of services that can support instruments from multiple manufacturers. Quality of service, cost and turnaround time drive the competitive edge of our service industry. In addition, some of our instrument customers have internal calibration and repair capabilities. Our main service competitors are Trescal Limited, Fortive Corporation and Ceprei labs. Due to different national and regulatory certification standards, the services provided may vary from country to country. The following discussions on R & D, marketing, backlog, intellectual property, materials, environment and international operations include common information on each of our businesses. Research and development of research and development\"R&D\") 0. 498 billion fiscal year expenditure of $2017, 0. 425 billion fiscal year expenditure of $2016, 0. 387 billion fiscal year expenditure of $2015. We expect that in order to maintain our competitive position, we will continue to have a large amount of R & D spending, continuous innovation, high Excellent customer solutions, products and services. We are committed to R & D investment and focus our development efforts on key strategic opportunities in order to align our business with existing markets and position growth well. Our R & D efforts focus on the improvement and development of existing products to support the launch of new products and complete customer solutions consistent with our industry. We develop in four major areas: enabling technology, system design, simulation, and measurement. Our research and development aims to improve the various technical capabilities in electronics, software, systems and solution delivery. The focus of R & D investment is to provide technology and solutions to the market in the short term, and to lay a solid foundation for future solutions for a long time. Marketing we have several ongoing projects to support the sales and distribution of our products and solutions and inform existing and potential customers, partners and distributors of the capabilities and benefits of our expanded products, portfolio of solutions and services. Our marketing work promotes Keysight business by participating in industry trade shows and technical conferences, sponsoring technical workshops and webinars that highlight our presence in digital media publications and physical locations In addition, we write and distribute various forms of marketing promotional materials for online and printed journals, including brochures, white papers, application notes, solution briefs and articles. Finally, we communicate with our existing and potential customers through our corporate websites and various social media channels such as LinkedIn, Facebook, Twitter and our corporate blogs.