Top 10 electronic manufacturing companies in the world

1. Foxconn (Hon Hai Precision Industry Co., Ltd.)

Company Overview

Foxconn, also known as Hon Hai Precision Industry Co., Ltd., is a Taiwanese multinational electronics contract manufacturer headquartered in New Taipei City, Taiwan. The company was founded in 1974 by Terry Gou and has grown to become the world’s largest provider of electronics manufacturing services.

Market Presence and Key Products

Foxconn has a global presence with manufacturing facilities in various countries, including China, the United States, Japan, and several European nations. The company is the primary assembler of Apple’s iPhone and iPad, as well as products for other major technology companies such as Dell, HP, and Sony.

Financial Performance

In 2020, Foxconn reported revenue of NT$5.36 trillion (approximately US$190 billion), a 1.3% increase from the previous year. The company’s net income for the same period was NT$140.6 billion (approximately US$5 billion).

2. Pegatron Corporation

Company Overview

Pegatron Corporation is a Taiwanese electronics manufacturing company that was spun off from Asustek Computer Inc. in 2008. The company specializes in the design and manufacturing of computer, communications, and consumer electronics products.

Market Presence and Key Products

Pegatron has manufacturing facilities in several countries, including China, the United States, and Mexico. The company is a major supplier for Apple, producing iPhones and other devices. Pegatron also manufactures products for other well-known brands such as Microsoft, Acer, and Lenovo.

Financial Performance

In 2020, Pegatron reported revenue of NT$1.35 trillion (approximately US$48 billion), a 5.5% increase from the previous year. The company’s net income for the same period was NT$25.6 billion (approximately US$910 million).

3. Quanta Computer Inc.

Company Overview

Quanta Computer Inc. is a Taiwanese electronics manufacturing company founded in 1988. The company is the world’s largest manufacturer of notebook computers and a major supplier of servers and storage products.

Market Presence and Key Products

Quanta has manufacturing facilities in China, the United States, and Germany. The company produces notebooks for major brands such as Apple, Dell, HP, and Lenovo. Quanta also manufactures servers and storage products for companies like Facebook, Google, and Amazon.

Financial Performance

In 2020, Quanta reported revenue of NT$1.18 trillion (approximately US$42 billion), a 7.6% increase from the previous year. The company’s net income for the same period was NT$20.8 billion (approximately US$740 million).

4. Compal Electronics, Inc.

Company Overview

Compal Electronics, Inc. is a Taiwanese electronics manufacturing company founded in 1984. The company specializes in the design and production of notebook computers, monitors, and other electronic products.

Market Presence and Key Products

Compal has manufacturing facilities in China, Vietnam, and Brazil. The company is a major supplier of notebooks for brands such as Acer, Dell, HP, and Lenovo. Compal also produces monitors, smartphones, and smart home devices.

Financial Performance

In 2020, Compal reported revenue of NT$967.7 billion (approximately US$34 billion), a 3.7% increase from the previous year. The company’s net income for the same period was NT$13.7 billion (approximately US$490 million).

5. Wistron Corporation

Company Overview

Wistron Corporation is a Taiwanese electronics manufacturing company that was spun off from Acer in 2000. The company provides design, manufacturing, and after-sales services for various electronic products.

Market Presence and Key Products

Wistron has manufacturing facilities in China, the Philippines, Mexico, and the Czech Republic. The company is a major supplier for Apple, producing iPhones and other devices. Wistron also manufactures products for brands such as Dell, HP, and Lenovo.

Financial Performance

In 2020, Wistron reported revenue of NT$916.1 billion (approximately US$33 billion), a 6.5% increase from the previous year. The company’s net income for the same period was NT$13.2 billion (approximately US$470 million).

6. Jabil Inc.

Company Overview

Jabil Inc. is an American global manufacturing services company founded in 1966. The company provides design, manufacturing, and supply chain solutions for various industries, including electronics, healthcare, and automotive.

Market Presence and Key Products

Jabil has over 100 facilities in 30 countries, with a significant presence in China, Mexico, and the United States. The company manufactures products for a wide range of customers, including Apple, Cisco, HP, and Johnson & Johnson.

Financial Performance

In the fiscal year 2020, Jabil reported revenue of US$27.3 billion, a 6.6% increase from the previous year. The company’s net income for the same period was US$54.0 million.

7. Flex Ltd. (formerly Flextronics)

Company Overview

Flex Ltd., formerly known as Flextronics, is an American-Singaporean electronics manufacturing company founded in 1969. The company provides design, engineering, manufacturing, and supply chain services for various industries.

Market Presence and Key Products

Flex has a global presence with facilities in over 30 countries, including China, Mexico, and the United States. The company serves customers in various sectors, such as automotive, healthcare, industrial, and consumer electronics.

Financial Performance

In the fiscal year 2020, Flex reported revenue of US$24.2 billion, a 1.5% decrease from the previous year. The company’s net income for the same period was US$88.0 million.

8. Celestica Inc.

Company Overview

Celestica Inc. is a Canadian electronics manufacturing services company founded in 1994. The company provides design, engineering, manufacturing, and supply chain solutions for various industries.

Market Presence and Key Products

Celestica has a global network of facilities in North America, Europe, and Asia. The company serves customers in the aerospace and defense, healthcare, industrial, and communications sectors.

Financial Performance

In 2020, Celestica reported revenue of US$5.7 billion, a 5.6% decrease from the previous year. The company’s net income for the same period was US$60.6 million.

9. Sanmina Corporation

Company Overview

Sanmina Corporation is an American electronics manufacturing services company founded in 1980. The company provides integrated manufacturing solutions, including design, engineering, and supply chain services.

Market Presence and Key Products

Sanmina has a global presence with facilities in over 20 countries, including the United States, Mexico, and China. The company serves customers in the automotive, communications, computing, defense, healthcare, and industrial sectors.

Financial Performance

In the fiscal year 2020, Sanmina reported revenue of US$6.9 billion, a 6.9% decrease from the previous year. The company’s net income for the same period was US$139.7 million.

10. Benchmark Electronics, Inc.

Company Overview

Benchmark Electronics, Inc. is an American electronics manufacturing services company founded in 1979. The company provides design, engineering, manufacturing, and supply chain solutions for various industries.

Market Presence and Key Products

Benchmark has a global presence with facilities in North America, Europe, and Asia. The company serves customers in the aerospace and defense, medical, industrial, and telecommunications sectors.

Financial Performance

In 2020, Benchmark reported revenue of US$2.1 billion, a 7.4% decrease from the previous year. The company’s net income for the same period was US$22.3 million.

Rank Company Revenue (USD) Net Income (USD) Headquarters
1 Foxconn $190 billion $5 billion Taiwan
2 Pegatron Corporation $48 billion $910 million Taiwan
3 Quanta Computer Inc. $42 billion $740 million Taiwan
4 Compal Electronics, Inc. $34 billion $490 million Taiwan
5 Wistron Corporation $33 billion $470 million Taiwan
6 Jabil Inc. $27.3 billion $54.0 million USA
7 Flex Ltd. $24.2 billion $88.0 million USA/Singapore
8 Celestica Inc. $5.7 billion $60.6 million Canada
9 Sanmina Corporation $6.9 billion $139.7 million USA
10 Benchmark Electronics, Inc. $2.1 billion $22.3 million USA

Frequently Asked Questions (FAQ)

1. What is an electronic manufacturing services (EMS) company?

An electronic manufacturing services (EMS) company provides design, manufacturing, and supply chain services for electronic products on behalf of original equipment manufacturers (OEMs).

2. What are the advantages of outsourcing to an EMS company?

Outsourcing to an EMS company can help OEMs reduce costs, improve efficiency, and focus on their core competencies, such as product development and marketing.

3. Which industries do EMS companies serve?

EMS companies serve a wide range of industries, including consumer electronics, automotive, healthcare, aerospace and defense, industrial, and telecommunications.

4. What are the key factors to consider when selecting an EMS partner?

When selecting an EMS partner, key factors to consider include the company’s technical capabilities, manufacturing capacity, quality control processes, supply chain management, and financial stability.

5. How has the COVID-19 pandemic affected the electronic manufacturing industry?

The COVID-19 pandemic has disrupted supply chains, leading to component shortages and production delays. However, the increased demand for consumer electronics, medical devices, and remote work equipment has also created new opportunities for EMS companies.