NEVADA CITY, CA – In 2019, the top 50 global electronics manufacturers had $351 billion in revenue combined, an increase of $21 billion from 2018, according to Manufacturing Market Insider, a division of New Venture Research. Top 50 sales increased year-over-year 6.4%, largely as a result of the bottom 40 EMS firms dominating growth.

The Top 10 EMS companies, such as Foxconn, Pegatron, Jabil, Flex, Wistron, Sanmina, New Kinpo, BYD, Celestica, and USI, had growth rates ranging from -0.7% (Wistron) to 14.2% (Jabil).  Foxconn alone achieved revenue growth of an estimated 2.5% from 2018 to 2019. (Official numbers have not been released.) Without Foxconn, revenue growth of the Top 50 would have averaged 2.6%, indicating the company exerted a slight drag on the industry.

Overall, the APAC region accounted for around 90.2% of the Top 50 EMS revenue, with the Americas representing 7.4% of revenue and EMEA 2.3%. In contrast, during the 1990s the Americas accounted for more than 50% of all production, with EMEA assembling an estimated 30% and APAC serving around 20% of total production.

The MMI Top 50 list tabulates ranking information through an annual survey of more than 100 of the largest EMS companies worldwide.

 

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