A switching element and methods thereof are provided. The switching element includes a port from among a plurality of ports, which when configured to operate as a network protocol port sends and receives network information and when configured to operate as a storage protocol port sends and receives storage information. The port includes a control segment for generating a control signal for setting an operating mode of a serial and de-serializer (SERDES). The operating mode of the SERDES is selected based on whether the port is configured to operate as a network protocol port or as a storage protocol port.