| EMS Market at $190 Billion in 2005 |
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| Written by Robin Norvell | |||
| Monday, 26 June 2006 06:58 | |||
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SAN JOSE – Worldwide revenue of EMS companies reached $190 billion in 2005, up 14% over 2004, according to a report issued today by Electronic Trend Publications.
According to ETP, the EMS industry was responsible for 23% of the total worldwide electronics assembly, valued at $810 billion. The $190 billion includes all the work done by the EMS companies for OEM customers, explained spokesman Steve Berry. Furthermore, the EMS market will continue to grow briskly in the coming years as outsourcing of electronics manufacturing continues, ETP said, predicting that industry revenue would reach $328 billion in 2010. Said Berry, "Of course,
when you ask the typical OEM how much of their product is outsourced, they
typically include all the components, electrical and nonelectrical, that they
purchase, so their "outsourced" percentage is usually much higher than 23%.
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| Last Updated on Monday, 03 July 2006 05:45 |
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