EL SEGUNDO, CA – EMS and ODM firms will continue to grow, albeit at a slower rate, during the current recession, says research firm
iSuppli. In fact, the firm believes, a recessionary environment may offer opportunities, pointing to the 2001-2003 recession, when a “rubber band effect” stimulated significant revenue growth for EMS/ODM firms emerging from the downturn. Top ODMs increased their annual sales from $12 billion to $37 billion during 2001-2004, while EMS providers had a CAGR of 11% during the period.
This same effect may apply this time around, as OEMs refocus resources on core competencies, investigate ways to minimize costs and shore up their balance sheets, says Adam Pick, principal analyst for EMS/ODM at iSuppli.
He and senior analyst for EMS/ODM services
Jeffrey Wu will discuss how the deteriorating macroeconomic situation is impacting contract manufacturers in an Oct. 22 Webinar at 11:30 am EST.
For more information and registration, visit
https://www1.gotomeeting.com/register/676924336.