There are 3 types of ethernet splitter - passive, active (requires power to amplify signals) and PoE splitters. This one seems to be an active ethernet splitter, thus it is powered. The LED indicators can exist in either a splitter or an ethernet switch. They can’t call a switch a splitter and vice-versa, because each device works differently than the other. Just because it is powered and has LED lights doesn’t mean it’s a switch. The old ethernet hub has LED lights and is powered, but it is not a switch.