When it comes to manufacturing, there are a few major players around the world that dominate the industry. Contract manufacturing, in particular, has become a popular choice for companies looking to outsource their production needs. By partnering with a contract manufacturer, brands can focus on other aspects of their business while the manufacturer produces their products. In this article, we`ll take a closer look at some of the world`s largest contract manufacturers.
Foxconn Technology Group
With headquarters in Taiwan, Foxconn Technology Group is a multinational electronics manufacturer that produces products for some of the world`s most recognizable brands, including Apple, Amazon, and Hewlett-Packard. Foxconn is known for its massive production capabilities, with over 1.3 million employees and factories located all around the world. In 2019, the company reported revenue of $175 billion.
Flex Ltd., formerly known as Flextronics, is a Singapore-based contract manufacturer that specializes in the production of electronics and medical devices. The company operates in over 30 countries and has more than 200,000 employees. Among its clients are major brands like Microsoft, HP, and Cisco. In 2020, Flex reported revenue of $24 billion.
Headquartered in Florida, Jabil Inc. is a contract manufacturer that produces products for a variety of industries, including healthcare, automotive, and aerospace. Jabil has factories in over 20 countries and employs over 200,000 people. Some of its notable clients include Amazon, Ford, and Johnson & Johnson. In 2020, Jabil reported revenue of $27 billion.
Pegatron is a Taiwan-based contract manufacturer that produces electronics and networking equipment. The company has factories located in Taiwan, China, the Czech Republic, Mexico, and Brazil. Pegatron is a major supplier to companies like Apple, Asus, and Acer. In 2020, Pegatron reported revenue of $45 billion.
Quanta Computer Inc.
Quanta Computer is a Taiwan-based contract manufacturer that produces electronics and computer hardware. The company has factories in Taiwan, China, the United States, and Europe. Quanta is a major supplier to companies like Dell, HP, and Apple. In 2020, the company reported revenue of $36 billion.
In conclusion, these are just a few of the world`s largest contract manufacturers. Each of these companies has a massive global reach and produces products for some of the world`s most recognizable brands. By partnering with these manufacturers, companies can benefit from their expertise, production capabilities, and global infrastructure.