Manufacturing Market Insider, a newsletter specializing in the EMS (electronics manufacturing services) industry, has released its annual MMI Top 50TM list of the world’s largest EMS providers. In 2018, Top 50 sales required $333 billion in revenue – an increase from $301 billion in 2017.
Top 50 sales increased from the previous year by 10.9% largely as a result of top ten EMS firms performing exceptionally well. Companies such as Foxconn, Pegatron, Flex, Jabil, Sanmina, Wistron, Celestica, New Kinpo, USI and Plexus attained growth rates ranging from -0.7% (Wistron) to 17.8% (Jabil). Foxconn alone achieved revenue growth of 10.8% from 2017 to 2018. Without Foxconn, revenue growth of the Top 50 would have averaged 11.0%.
In addition to ranking providers by 2018 sales, MMI Top 50 listings include sales growth, previous rank, number of employees, number of plants, facility space, space in low-cost regions, number of SMT lines and customer data. This special section was published in the March 2019 edition of MMI, and in April will include market segmentation data obtained from the MMI survey.
Founded in 1991, Manufacturing Market Insider is a division of New Venture Research Corp., and is a monthly newsletter providing dedicated coverage of the EMS industry. For more information, please see www.mfgmkt.com