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MMI: Top 50 EMS Providers See 2008 Single-digit Growth
April 9, 2009 |Estimated reading time: 1 minute
BURLINGTON, VT Manufacturing Market Insider released its annual MMI Top 50, a list of the world's largest EMS providers. Sales of the Top 50 EMS providers for 2008 totaled $158.5 billion, a new high. Despite last year's bad economic news, Top 50 revenue grew collectively by 7.7% in 2008.
The result shows that the EMS industry can grow even during a recessionary period. But without the contribution of the largest provider, Hon Hai, Top 50 growth drops to 1.4%, an indication that the other 49 companies as a whole were unable to generate much growth last year," said John Tuck, editor and publisher of Manufacturing Market Insider.
MMI Top 50 providers were ranked based on 2008 sales in U.S. dollars. In order, the top ten were Hon Hai, Flextronics, Jabil Circuit, Celestica, Sanmina-SCI, Elcoteq, New Kinpo Group, Venture, Benchmark Electronics, and Universal Scientific Industrial. A top-ten ranking required $2.06 billion in revenue.
In addition to ranking providers by 2008 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 2009 edition of MMI.
To make the Top 50, providers needed a minimum of $209 million in sales for 2008. The cutoff point decreased by $20 million from the year before.
For more information, visit www.mfgmkt.com.