The MMI Top 50 Press Release
April 6, 2017, Nevada City, California – Manufacturing Market Insider (MMI) announces the Top 50 EMS Companies Worldwide which surpasses $270 billion in revenue.
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. In 2016, Top 50 sales required $270 billion in sales revenue – a decline from $273 billion in 2015.
Top 50 sales declined by 1.0% from the previous year, largely as a result of top tier EMS firms performing poorly, such as Foxconn and Pegatron. If we remove these two leading EMS firms from the top 50 list, the industry growth rate was actually a positive 1.5% for the top 48 companies EMS in 2016.
MMI Top 50 EMS companies were ranked based on 2016 sales in U.S. dollars, where the dollar was strong but hurting many European and Asian companies. In descending order, the top ten EMS companies were Hon Hai, Pegatron, Flex, Jabil, Sanmina, Celestica, Wistron, New Kinpo Group, Plexus and Benchmark Electronics. Three companies that fell off the top ten list included Topscom, Kitron and TT Electronics, whereas the three new companies to replace them were Sparton, Alpha Networks and PRIME BASE.
In addition to ranking providers by 2016 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 2016 edition of MMI, and in April will include market segmentation data obtained from the 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. Available in both printed and electronic form, the newsletter is published by New Venture Research Corp., based in Nevada City, CA. Electronic subscriptions cost $615 per year. https://mfgmkt.com/