What are the top 50 global electronics manufacturing service manufacturers?

The research institution MMI has released the "2023 Global EMS (Electronic Manufacturing Services) Top 50 OEM Factories List". According to the information in the list, the total sales of the top 50 global electronic foundry companies reached $417 billion, a year-on-year increase of about 9.9%.huanyupcb is a global partner of the best electronics manufacturers for smes.

In terms of regional distribution, the Asia Pacific region accounts for as much as 82%, followed by the Americas (16%). There are 15 companies in China (including Hong Kong and Taiwan), followed closely by the United States (8), Japan (5), Malaysia (4), Canada, and Germany (2 each). Now let's take a look at the top ten manufacturers ranked.

The tenth one is Celestica. Celestica is headquartered in Toronto, Canada.The company provides services such as design, prototype production, PCB assembly, testing, quality assurance, fault analysis, packaging, global logistics, and after-sales technical support. According to the data, the net profit attributable to the common shareholders of the parent company in the fourth quarter of fiscal year 2022 was $31.9 million, and the operating income was $1.512 billion.

The ninth ranked one is Xin Jinbao. As one of the Fortune Global 500 companies, Xinjinbao has achieved remarkable results in fields such as 3D printing technology, semiconductor design, artificial intelligence service robots, and big data analysis and application. It is one of the leading enterprises in the global electronic information industry with the most industry influence, market competitiveness, and industry driving force.

The eighth ranked one is Sanmina. Sanmina, as a pioneer in the EMS field, once held a leading position in the industry. However, the company has been on a downward trend since the early 1990s. With the rapid expansion of competitors in terms of scale and business scope, Sanmina's advantage is gradually losing.

In order to revive its former glory, this 40 year old pioneer in outsourcing manufacturing is undergoing a thorough transformation. In the past two years, the company has established a new leadership team and carried out drastic reforms, expanding its traditional PC manufacturing business into the field of communication equipment, and achieving this transformation through mergers and acquisitions. At the same time, SCI is committed to investing in IT and supply chain management systems, focusing on strengthening connections with suppliers and users, and striving to establish a new image as a well-known electronic manufacturing service provider (EMS).

Ranked seventh, Huanxu Electronics. This is a Sino foreign joint venture registered in Shanghai. Its main business includes providing professional services such as development and design, material procurement, production and manufacturing, logistics maintenance, etc. for five major categories of electronic products including communication, computer and storage, consumer electronics, industrial and other (mainly automotive electronics) for domestic and foreign brand manufacturers.

It is reported that as of the end of 2022, its main business revenue was 55.3 billion yuan, net profit was 1.858 billion yuan, total assets were 5.56%, total liabilities were 22.774 billion yuan, and shareholder equity excluding minority interests was 13.082 billion yuan


Ranked sixth is BYD Electronics. After more than 20 years of development, BYD Electronics has become a leading EMS and ODM (Original Design and Manufacturing) supplier in the industry, providing design R & D、 One stop service for manufacturing, logistics, and after-sales. In addition to accepting assembly orders for Apple iPads, its customers also include Xiaomi, Huawei, Apple, Samsung, Honor, and others.

According to the financial report, BYD Electronics achieved a revenue of 89.057 billion yuan last year, a year-on-year increase of 21.79%; Net profit was 2.31 billion yuan, a year-on-year decrease of 57.55%. Among them, the revenue from the smartphone and laptop business was 71.632 billion yuan, a year-on-year increase of 47.03%.

The fifth ranked one is Flex. Flex was founded in Silicon Valley in the late 1960s. At first, it mainly provided circuit board soldering processing for electronics companies in California. Later, it gradually entered Singapore, Mexico, Brazil, China and other places, becoming the world's largest EMS enterprise at the beginning of this century.

It is worth mentioning that Flex was once Huawei's gold medal OEM, receiving $2.5 billion in orders annually, ranking first among all American companies. In 2019, they added insult to injury by stopping production, refusing to ship, and refusing to return equipment and materials. Huawei had to counterattack and remove it from the supply chain. The Changsha Flex factory has ceased production, and BYD has taken over.

The fourth ranked one is Jabil. Jabil is a manufacturing solutions provider that provides integrated design, manufacturing, supply chain, and product management. Its business involves multiple fields such as industry, packaging, and communication, with over 100 factories and more than 260000 employees in 30 countries worldwide. Ranked 104th among the Fortune 500 companies in the United States in 2022.

It is worth mentioning that enterprises in Taiwan, China of China occupy the top three. Among them, the third ranked company is Wistron, which was formerly known as the DMS department (Design, Production, and Service Department) established by Acer Computer Co., Ltd. in 1981. Wistron is positioned as a professional ODM supplier, focusing on information and communication products, including laptops, desktop computer systems, servers and storage devices, information equipment, networks, and communication products. Last year's total revenue was NT $1928.3 billion.

The second ranked company is ASUS Group. In 2008, it separated from Asus' parent company and mainly engaged in OEM business. With Apple's active support for second suppliers, it gradually increased the proportion of iPhone assembly OEM business. The two factories located in Shanghai and Kunshan are its iPhone foundries that have already been put into operation, accounting for 20% -30% of the global iPhone production capacity.

The top ranked company is Hon Hai Precision (Foxconn). Foxconn Technology Group is a high-tech enterprise of Taiwan, China Hon Hai Precision Group. It was founded in 1974 in Taipei, Taiwan, China Province, China. Its president is Gou Taiming. We currently have over 1.2 million employees and a global top customer base. Last year, the group's operating revenue reached NT $5994.174 billion (approximately RMB 1335.8 billion), with a net profit of NT $139.32 billion (approximately RMB 31 billion), an increase of 12% and 37% year-on-year, respectively.