NEVADA CITY, CA – In 2018, the top 50 EMS companies worldwide recorded $333 billion in revenue, according to New Venture Research’s newsletter Manufacturing Market Insider, up 10.6% year-over-year.
Growth was largely a result of the top ten EMS firms performing exceptionally well, says MMI. Foxconn, Pegatron, Flex, Jabil, Sanmina, Wistron, Celestica, New Kinpo, USI and Plexus attained growth rates ranging from -0.7% (Wistron) to 17.8% (Jabil).
Foxconn achieved revenue growth of 10.8% from 2017 to 2018. Without Foxconn, revenue growth of the top 50 would have averaged 11%, says MMI.