The MMI Top 50 Press Release
Top 50 EMS Providers Ranked for 2010
Top 50 sales set a new record.
Burlington, VT, April 7, 2011 -- Manufacturing Market Insider, a newsletter specializing in the EMS (electronics manufacturing services) industry, has released its annual MMI Top 50? list of the world’s largest EMS providers. Top 50 sales totaled an estimated $185.7 billion, a new record.
“That’s an indication of how well the EMS industry recovered in 2010,” said John Tuck, editor and publisher of Manufacturing Market Insider. “But about half of this revenue came from a single company, Hon Hai Precision Industry, also known as Foxconn. This is not a good outcome for EMS providers unless you’re Foxconn. What’s more, it is likely that the Taiwan-based company will remain the dominant EMS player for years to come.”
Thanks to Foxconn’s high growth rate, Top 50 revenue climbed by an estimated 36.5%. However, when Foxconn’s results are excluded, the growth rate is nearly halved, dropping to 18.8%.
Last year’s growth made it more difficult than ever to make the Top 50. Providers needed a minimum of $233 million in sales for 2010, up from the prior year’s cutoff of $190 million.
MMI Top 50 providers were ranked based on 2010 sales in U.S. dollars. In order, the top ten were Foxconn, Flextronics, Jabil Circuit, Celestica, Sanmina-SCI, New Kinpo Group, Shenzhen Kaifa Technology, Benchmark Electronics, Plexus and Universal Scientific Industrial. A top-ten ranking required $2.03 billion in revenue, up from $1.59 billion in 2009.
In addition to ranking providers by 2010 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 2011 edition of MMI.
About Manufacturing Market Insider
Manufacturing Market Insider, a subscription newsletter, is 100% dedicated to contract manufacturing and the EMS industry. Hundreds of people involved in electronics manufacturing services (EMS) already read MMI, the only publication of its kind. The newsletter has been published since 1991.
