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 2018, Top 50 sales required $300 billion in revenue – an increase from $272 billion in 2016.
Top 50 sales increased from the previous year by 11.4% largely as a result of top ten EMS firms performing exceptionally well. Companies such as Foxconn, Pegatron, Wistron, USI and Venture attained growth rates ranging from 9.3% (Pegatron) to 39.3% (Venture). Foxconn alone achieved revenue growth of 14.6% from 2016 to 2017. Without Foxconn, revenue growth of the Top 50 would have averaged 8.3%.
In addition to ranking providers by 2017 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 2017 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. 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.
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