Burlington, VT (PRWEB) April 11, 2006
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. Together, these 50 companies accounted for 2005 sales of $109.2 billion. This is the first time that the MMI Top 50 exceeded $100 billion in sales.
Combined sales for Top 50 companies grew by 14.4% in 2005. But this growth was heavily influenced by the estimated results of one company, Taiwan’s Hon Hai Precision Industry. Without Hon Hai, the remaining 49 providers would have produced an aggregate growth of 3.1%.
“You can interpret the data in two ways. In one sense, growth of 14-plus percent for the Top 50 points to a continued increase in the practice of outsourcing. But the group’s lackluster growth with Hon Hai excluded shows that 2005 was a disappointing year for some large EMS companies,” said John Tuck, editor and publisher of Manufacturing Market Insider.
MMI Top 50 providers were ranked based on 2005 sales in US dollars. In order, the top five were Hon Hai, Flextronics, Sanmina-SCI, Solectron and Celestica. A top-ten ranking required $1.61 billion in revenue. To make the MMI Top 50, EMS providers needed 2005 sales of at least $183 million.
In addition to ranking providers by 2005 sales, MMI Top 50 listings include sales growth, 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 2006 edition of MMI.
Founded in 1991, Manufacturing Market Insider is a newsletter providing dedicated monthly coverage of the EMS industry. Available in both printed and electronic form, the newsletter is published by JBT Communications, based in Burlington, VT; phone 802-651-9334; fax 802-651-9336. Annual subscriptions cost $445 in North America. Visit MMI’s web site at http://www.mfgmkt.com.
CONTACT: John Tuck, publisher
Manufacturing Market Insider