[Ranking] TOP 25 Electronic Manufacturing Services / Technology Companies Q3/2023
Intro
Electronic Manufacturing Services (EMS) is a crucial sub-industry within the larger Technology sector, playing a vital role in the global economy. With the increasing demand for electronic products, EMS companies provide essential services to design, manufacture, and assemble electronic components and devices.
The influence of the EMS industry extends far beyond its immediate scope. It is the backbone of numerous sectors, including telecommunications, automotive, aerospace, healthcare, and consumer electronics. The efficient and reliable production of electronic components by EMS companies enables advancements in these industries, powering innovation and driving economic growth.
The economic significance of the EMS industry is substantial and continues to grow. As the demand for electronic products continues to rise, EMS companies are experiencing a surge in business. According to market research, the global EMS market is projected to reach a market value of $650 billion by 2026, demonstrating the upward trajectory of the industry.
The EMS industry is constantly shaped by trends, breakthroughs, and obstacles. Advancements in technology, such as the Internet of Things (IoT), artificial intelligence, and automation, are driving the evolution of EMS services. Additionally, the industry faces challenges concerning supply chain disruptions, geopolitical tensions, and regulatory changes, which impact its operations and growth.
The landscape of the EMS industry is ever-changing, with new players entering the market and existing companies adapting to meet evolving demands. Exploring the top companies in this dynamic industry allows us to gain insights into their strategies, capabilities, and contributions to the technology ecosystem.
Ranking
#25 Cofidur
Employees: 1.2K
Revenue: 150M$
Website: https://www.cofidur-emcs.com/
Description: Cofidur is a leading Electronic Manufacturing Services (EMS) company based in Nantes, France. With headquarters in Europe, Cofidur has established itself as a prominent player in the technology industry. Since its founding in 1978, the company has grown to employ approximately 1.2 thousand dedicated professionals. Cofidur specializes in providing comprehensive electronic manufacturing solutions, offering services such as prototyping, PCB assembly, testing, and logistics. The company's commitment to quality and customer satisfaction has enabled it to generate an impressive annual revenue of around 150 million dollars. Cofidur continues to expand its presence in the EMS industry, providing innovative and reliable manufacturing services to meet the evolving needs of its clients.
#24 Pemstar
Employees: 1.2K
Revenue: 750M$
Website: https://www.pemstar.com
Description: Pemstar, headquartered in Minneapolis, United States, is a leading player in the Electronic Manufacturing Services (EMS) industry. Established in 1979, the company has a workforce of approximately 1.2K employees. Pemstar specializes in providing a wide range of manufacturing services for technology companies, offering expertise in areas such as PCB assembly, system integration, testing, and supply chain management. With a strong focus on quality and customer satisfaction, Pemstar has become a trusted partner for numerous technology companies, helping them bring their innovative products to market efficiently. The company's annual revenue stands at an impressive 750 million dollars, solidifying its position as a key player in the EMS industry.
#23 Kitron
Employees: 3.2K
Revenue: 1.2B$
Website: https://www.kitron.com
Description: Kitron, headquartered in Trondheim, Norway, is a leading player in the Electronic Manufacturing Services (EMS) industry in Europe. With a history dating back to 1966, Kitron has established itself as a trusted partner for technology companies seeking high-quality manufacturing solutions. The company operates in various sectors including aerospace, defense, energy, telecommunications, and medical devices. With a workforce of approximately 3.2 thousand employees, Kitron offers a broad range of services, including product development, industrialization, and volume production. Its state-of-the-art facilities and advanced capabilities allow Kitron to deliver innovative and reliable electronic solutions to its global customer base. In 2020, Kitron reported a revenue of 1.2 billion dollars, demonstrating its strong financial performance and market position in the EMS industry.
#22 Scanfil
Employees: 4.5K
Revenue: 1.2B$
Website: https://www.scanfil.com/
Description: Scanfil is a leading European provider of Electronic Manufacturing Services (EMS) with its headquarters in Sievi, Finland. Founded in 1976, the company has established itself as a key player in the technology industry. With a workforce of approximately 4.5 thousand employees, Scanfil offers a wide range of services including design, prototyping, manufacturing, and logistics solutions. Specializing in the production of complex electronic products, Scanfil collaborates with various customers across industries such as automotive, healthcare, industrial, and telecommunications. The company's commitment to quality, flexibility, and cost-efficiency has contributed to its success and significant revenue of 1.2 billion dollars.
#21 Universal Scientific Industrial (Shanghai) Co., Ltd
Employees: 10K
Revenue: 2B$
Website: https://www.usi.com.tw/
Description: Universal Scientific Industrial (Shanghai) Co., Ltd is a leading player in the Electronic Manufacturing Services industry. Headquartered in Shanghai, China, the company specializes in providing comprehensive solutions and services for technology companies. With a workforce of approximately 10,000 employees, USI offers a wide range of services including design, manufacturing, and assembly of electronic components and products. Since its establishment in 2002, the company has experienced significant growth and has become a trusted partner for many global technology companies. USI's annual revenue is estimated to be around 2 billion dollars, reflecting its strong presence and success in the industry.
#20 Wong's Kong King International (Holdings) Limited
Employees: 5.6K
Revenue: 2.3B$
Website: https://www.wkk-intl.com/
Description: Wong's Kong King International (Holdings) Limited is a prominent player in the Electronic Manufacturing Services industry in Shenzhen, China. Founded in 1995, the company has established itself as a leading provider of technology solutions. With a workforce of approximately 5.6 thousand employees, Wong's Kong King International offers a wide range of services including product design, manufacturing, and assembly for various electronic products. The company operates with a customer-centric approach, catering to the needs of clients across different sectors. With a revenue of 2.3 billion dollars, Wong's Kong King International has demonstrated consistent growth and excellence in the highly competitive technology industry.
#19 Zollner Elektronik AG
Employees: 18K
Revenue: 2.5B$
Website: https://www.zollner-electronics.com/
Description: Zollner Elektronik AG, headquartered in Zandt, Germany, is a leading player in the Electronic Manufacturing Services (EMS) industry. With a rich history dating back to 1965, the company has established itself as a trusted partner for technology companies worldwide. Zollner Elektronik AG specializes in providing comprehensive manufacturing solutions and services for a wide range of electronic products. With a workforce of approximately 18,000 employees, the company operates state-of-the-art manufacturing facilities across Europe, America, and Asia. Zollner's expertise spans the entire product lifecycle, from design and engineering to manufacturing, testing, and after-sales support. With annual revenues of around 2.5 billion dollars, Zollner Elektronik AG continues to drive innovation and deliver high-quality electronic manufacturing services to meet the evolving needs of its global clientele.
#18 Plexus Corp
Employees: 19K
Revenue: 2.8B$
Website: https://www.plexus.com/
Description: Plexus Corp, headquartered in Neenah, United States, is a leading company in the Electronic Manufacturing Services (EMS) industry. Since its founding in 1979, the company has grown to employ approximately 19,000 people worldwide. Plexus offers a wide range of EMS solutions, including design, engineering, manufacturing, and aftermarket services. They specialize in serving customers in industries such as healthcare and life sciences, aerospace and defense, industrial, and communications. With a strong focus on innovation, quality, and customer satisfaction, Plexus has established itself as a trusted partner for companies seeking reliable and efficient EMS solutions. In 2020, Plexus reported a revenue of 2.8 billion dollars, further solidifying its position as a key player in the industry.
#17 Benchmark Electronics, Inc.
Employees: 10K
Revenue: 3B$
Website: https://www.bench.com
Description: Benchmark Electronics, Inc. is a leading player in the Electronic Manufacturing Services industry. Headquartered in Angleton, United States, the company operates primarily in North America. With a strong foundation dating back to 1979, Benchmark Electronics has established itself as a trusted provider of electronic manufacturing solutions. The company employs approximately 10,000 professionals who specialize in delivering end-to-end manufacturing services to a diverse range of customers. With an impressive revenue of 3 billion dollars, Benchmark Electronics continues to innovate and drive growth in the dynamic technology sector. The company's commitment to quality, reliability, and customer satisfaction has earned them a reputable position in the industry.
#16 Asteelflash
Employees: 20K
Revenue: 3.5B$
Website: https://www.asteelflash.com/
Description: Asteelflash is a leading player in the Electronic Manufacturing Services (EMS) industry. Headquartered in Paris, France, Asteelflash operates globally, providing a wide range of services to technology companies. The company was founded in 1999 and has grown to employ approximately 20,000 people worldwide. With a revenue of 3.5 billion US dollars, Asteelflash offers end-to-end solutions in design, engineering, manufacturing, and supply chain management. Their expertise spans various sectors, including telecommunications, automotive, industrial, and consumer electronics. Asteelflash's commitment to quality, innovation, and customer satisfaction has made them a trusted partner for many top technology companies in the world.
#15 Venture Corporation Limited
Employees: 12K
Revenue: 4.8B$
Website: https://www.venture.com.sg
Description: Venture Corporation Limited, headquartered in Singapore, is a leading player in the Electronic Manufacturing Services industry. With over 35 years of experience, the company provides a wide range of manufacturing services to technology companies globally. Venture Corporation offers end-to-end solutions, including design, engineering, prototyping, and manufacturing of complex electronic products. The company's expertise spans across various sectors, including healthcare, automotive, industrial, and consumer electronics. With a workforce of approximately 12,000 employees, Venture Corporation has established itself as a trusted partner for both established companies and startups, delivering high-quality products and innovative solutions. With a revenue of 4.8 billion dollars, Venture Corporation continues to drive technological advancements and contribute to the growth of the Technology industry.
#14 Universal Scientific Industrial Co., Ltd.
Employees: 60K
Revenue: 5B$
Website: https://www.usiglobal.com/
Description: Universal Scientific Industrial Co., Ltd. (USI) is a leading company in the Electronic Manufacturing Services (EMS) industry. Headquartered in Taipei, Taiwan, USI has established itself as an industry powerhouse in the Asia-Pacific region. With a workforce of approximately 60,000 employees, the company offers a wide range of services including design, manufacturing, and assembly of electronic products. USI has a strong track record in providing innovative and reliable solutions to its customers, catering to various sectors such as telecommunications, consumer electronics, automotive, and industrial equipment. With a revenue of 5 billion dollars, USI continues to expand its global presence and deliver high-quality electronic manufacturing services to clients worldwide.
#13 Celestica Inc
Employees: 20K
Revenue: 5B$
Website: https://www.celestica.com
Description: Celestica Inc is a leading provider of Electronic Manufacturing Services (EMS) in the technology industry. Headquartered in Toronto, Canada, the company was founded in 1994. With a workforce of approximately 20,000 employees, Celestica offers a wide range of services including design, engineering, manufacturing, and supply chain optimization. The company operates globally, serving customers in various sectors such as aerospace and defense, communications, healthcare, industrial, and smart energy. Celestica's expertise lies in helping companies to bring innovative products to market quickly and efficiently, leveraging their advanced manufacturing capabilities and deep industry knowledge. With annual revenue of around 5 billion dollars, Celestica is recognized for its commitment to quality, reliability, and customer satisfaction in the electronic manufacturing services industry.
#12 Sanmina Corporation
Employees: 40K
Revenue: 7B$
Website: https://www.sanmina.com/
Description: Sanmina Corporation, headquartered in San Jose, United States, is a leading company in the Electronic Manufacturing Services (EMS) industry. Founded in 1980, the company operates globally, providing innovative and integrated manufacturing solutions to technology companies. With a workforce of approximately 40,000 employees, Sanmina offers a wide range of services including design, engineering, prototyping, component sourcing, and production. Their expertise spans across various sectors including communications, automotive, industrial, medical, defense, and aerospace. Sanmina's commitment to quality, reliability, and customer satisfaction has earned them a reputable position in the industry. With annual revenue of around 7 billion dollars, Sanmina continues to drive the advancement of technology through its manufacturing capabilities and solutions.
#11 Inventec Corporation
Employees: 60K
Revenue: 10B$
Website: https://www.inventec.com
Description: Inventec Corporation, headquartered in Taipei, Taiwan, is a prominent player in the Electronic Manufacturing Services (EMS) industry in Asia. Founded in 1975, the company has grown to become a global leader in technology manufacturing and solutions. With a workforce of approximately 60,000 employees, Inventec offers a wide range of services including design, development, and manufacturing of electronic products. The company collaborates with renowned technology companies to produce high-quality electronic devices such as smartphones, tablets, laptops, and servers. Inventec's commitment to innovation and excellence has enabled it to generate impressive annual revenue of 10 billion dollars, solidifying its position as one of the top players in the EMS industry.
#10 Compal Electronics Inc.
Employees: 100K
Revenue: 10B$
Website: https://www.compal.com/
Description: Compal Electronics Inc. is a major player in the Electronic Manufacturing Services (EMS) industry. Headquartered in Taipei, Taiwan, the company has been providing technology solutions since its founding in 1984. With approximately 100,000 employees worldwide, Compal Electronics offers a wide range of services including design, manufacturing, and distribution of electronic products. The company partners with various well-known technology brands and has established itself as a trusted OEM and ODM provider. With annual revenue reaching 10 billion dollars, Compal Electronics continues to be a leading force in the technology industry, delivering innovative solutions to global customers.
#9 New Kinpo Group
Employees: 50K
Revenue: 10B$
Website: https://www.newkinpogroup.com/
Description: New Kinpo Group is a leading player in the Electronic Manufacturing Services industry, operating primarily in Taiwan, Asia. With its headquarters located in New Taipei City, the company was founded in 1973. New Kinpo Group employs approximately 50,000 employees worldwide. The company specializes in providing comprehensive manufacturing solutions and services to technology companies. They offer a wide range of services, including design, development, and manufacturing of electronic products. With an annual revenue of around 10 billion dollars, New Kinpo Group has established itself as a major player in the industry, catering to the needs of global technology companies.
#8 Wistron Corporation
Employees: 100K
Revenue: 20B$
Website: https://www.wistron.com
Description: Wistron Corporation is a leading player in the Electronic Manufacturing Services (EMS) industry, operating primarily in Asia. With its headquarters in Taipei, Taiwan, the company has established itself as a key player in the technology sector. Founded in 2001, Wistron has grown rapidly over the years and currently employs around 100,000 people worldwide. The company generates an impressive annual revenue of around 20 billion US dollars, showcasing its strong presence in the EMS industry. Wistron specializes in providing end-to-end manufacturing solutions, including design, engineering, and production services for a wide range of electronic products. With its commitment to innovation and quality, Wistron continues to be a trusted partner for technology companies seeking reliable manufacturing services.
#7 Jabil Circuit De México, S.A. De C.V.
Employees: 200K
Revenue: 25B$
Website: https://www.jabil.com/
Description: Jabil Circuit De México, S.A. De C.V. is a prominent player in the Electronic Manufacturing Services industry. With its headquarters in Guadalajara, Mexico, the company has been operating since 1984. Jabil Circuit De México offers a wide range of services in technology manufacturing, including design, engineering, prototyping, and supply chain management. The company's workforce is estimated to be around 200,000 employees, making it one of the largest employers in the industry. With an annual revenue of approximately 25 billion US dollars, Jabil Circuit De México has established itself as a key player in the technology sector, providing high-quality manufacturing solutions to its global client base.
#6 Jabil Inc
Employees: 200K
Revenue: 25B$
Website: https://www.jabil.com/
Description: Jabil Inc, headquartered in St. Petersburg, United States, is a leading player in the Electronic Manufacturing Services industry. With a rich history dating back to 1966, Jabil has established itself as a global provider of technology solutions and manufacturing services. The company boasts a workforce of approximately 200,000 employees worldwide, enabling it to deliver exceptional value to its diverse customer base. Jabil's commitment to innovation and collaboration has propelled its revenue to an impressive 25 billion dollars. Leveraging its expertise in electronics manufacturing, Jabil offers a wide range of capabilities, including design, engineering, supply chain management, and product lifecycle services, to help its clients navigate the rapidly evolving technology landscape.
#5 FLEXTRONICS INTERNATIONAL USA, INC.
Employees: 200K
Revenue: 26B$
Website: https://www.flex.com/
Description: Flextronics International USA, Inc., operating in the Electronic Manufacturing Services industry, is headquartered in San Jose, United States. Founded in 1969, the company has a workforce of approximately 200,000 employees. With a revenue of 26 billion dollars, Flextronics is a leading player in the technology sector. The company offers a wide range of electronic manufacturing services, providing solutions for design, engineering, manufacturing, and supply chain management. Flextronics caters to various industries, including automotive, healthcare, industrial, and consumer electronics. With its strong presence in North America, Flextronics continues to be a key player in the electronic manufacturing services industry, driving innovation and delivering high-quality solutions to its global clientele.
#4 Flex Ltd
Employees: 160K
Revenue: 26B$
Website: https://www.flex.com
Description: Flex Ltd, headquartered in San Jose, United States, is a leading company in the Electronic Manufacturing Services (EMS) industry. Founded in 1969, Flex specializes in designing, manufacturing, and delivering innovative solutions for a wide range of technology products. With a workforce of approximately 160,000 employees worldwide, Flex operates in various segments of the technology industry, including consumer electronics, automotive, healthcare, industrial, and more. The company provides end-to-end services such as product design, engineering, prototyping, manufacturing, supply chain management, and aftermarket services. Flex is known for its ability to bring products to market quickly and efficiently, leveraging its global footprint and extensive expertise in electronics manufacturing. With annual revenues reaching 26 billion dollars, Flex continues to be a trusted partner for companies seeking reliable and high-quality manufacturing solutions in the fast-paced technology sector.
#3 Pegatron Corporation
Employees: 70K
Revenue: 60B$
Website: https://www.pegatroncorp.com
Description: Pegatron Corporation, headquartered in Taipei, Taiwan, is a leading player in the Electronic Manufacturing Services industry in Asia. Established in 2008, the company has grown rapidly over the years to become a major manufacturer and assembler of electronic products. With a workforce of approximately 70,000 employees, Pegatron operates in various segments of the technology industry, specializing in the design, development, and manufacturing of consumer electronics, computing products, and communication devices. The company works closely with well-known global brands and provides comprehensive services, including product development, supply chain management, and logistics support. Pegatron's commitment to innovation, quality, and customer satisfaction has contributed to its success and enabled it to achieve impressive revenue of around 60 billion dollars.
#2 Foxconn Technology Group
Employees: 1.2M
Revenue: 178B$
Website: https://www.foxconn.com/
Description: Foxconn Technology Group, headquartered in New Taipei City, Taiwan, is a major player in the Electronic Manufacturing Services industry. Founded in 1974, the company has grown to become one of the largest electronics manufacturers in the world. With approximately 1.2 million employees, Foxconn provides a wide range of manufacturing services to technology companies globally. Their expertise lies in the production of electronic components, including printed circuit boards, connectors, and cables. Foxconn's revenue stands at a staggering 178 billion dollars, solidifying its position as a leading player in the industry. With its extensive manufacturing capabilities and global reach, Foxconn continues to be a key partner for technology companies seeking efficient and reliable manufacturing solutions.
#1 Hon Hai Precision Industry Co., Ltd.
Employees: 1.3M
Revenue: 179.3B$
Website: https://www.foxconn.com/
Description: Hon Hai Precision Industry Co., Ltd., headquartered in New Taipei City, Taiwan, is a key player in the Electronic Manufacturing Services industry. Founded in 1974, the company has grown to become one of the largest electronic contract manufacturers globally. With approximately 1.3 million employees, Hon Hai Precision Industry offers a wide range of services including design, development, and manufacturing of electronic products for various industries. The company's revenue stands at an impressive 179.3 billion dollars, reflecting its strong presence and success in the market. Hon Hai Precision Industry's dedication to providing high-quality electronic manufacturing services has made it a trusted partner for numerous technology companies worldwide.
Summary
The electronic manufacturing services (EMS) sub-industry within the technology sector is home to some of the most successful companies in the world. These companies provide a wide range of services including design, assembly, and testing of electronic components and devices. The top companies in this sub-industry have achieved remarkable rankings and significant accomplishments.
One outstanding finding is the rapid growth of the EMS sub-industry. With the increasing demand for electronic products, these companies have experienced substantial revenue growth and expanded their global presence.
Among the premier companies in the EMS sub-industry are Foxconn Technology Group, Flex Ltd., and Jabil Inc. These companies have established themselves as leaders in the field, offering comprehensive services to meet the diverse needs of their clients.
The success of these leading firms can be attributed to their strong focus on innovation and technological advancements. They invest heavily in research and development, allowing them to stay at the forefront of the industry and provide cutting-edge solutions to their customers.
What sets these eminent companies apart from their rivals is their ability to provide end-to-end solutions and develop strong partnerships with their clients. They offer a wide range of services, from product design and prototyping to manufacturing and supply chain management. This integrated approach allows them to deliver high-quality products efficiently and effectively.