When we hear the word innovation, we're enervated
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Foxconn pounds third party manufacturers
Foxconn, like competitors Flextronics, Sanmina SCI, Solectron and Celestica, provide manufacturing services to third party companies, taking away that grief from the already overburdened shoulders of better known brand names like Nvidia, ATI and others.
Isuppl ranked Foxconn top of the flock for 2005, at the expense of Solectron, Sanmina SCI and Flextronics. The dollar figures in the chart below, supplied courtesy of iSuppli, are in millions.
|
2005
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2004
|
Firm
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Revs 05
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Revs 04
|
Change
|
|
1
|
1
|
Foxconn
|
$27,315
|
$16,819
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62%
|
|
2
|
2
|
Flextronics
|
$15,582
|
$16,062
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-3%
|
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3
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3
|
Sanmina SCI
|
$11,343
|
$12,484
|
-9%
|
|
4
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4
|
Solectron
|
$10,207
|
$11,630
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-12%
|
|
5
|
5
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Celestica
|
$8,471
|
$8,839
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-4%
|
|
6
|
6
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Jabil Circuit
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$8,057
|
$6,575
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23%
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|
7
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7
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Elcoteq
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$5,179
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$3,899
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33%
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8
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8
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Benchmark
|
$2,257
|
$2,001
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13%
|
|
9
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9
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Venture
|
$2,007
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$1,945
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3%
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10
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10
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Universal Scientific
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$1,622
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$1,663
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-2%
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Top 10 totals
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$92,040
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$81,917
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12.4%
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Senior iSuppli analyst Adam Pick said: "Foxconn clearly has broken away from the pack and has established dominance in the EMS market." He considers that break away performance to be an anomaly, and attributes it to CEO Terry Guo's strategy of a competitive cost structure, vertical manufacturing, complementary acquisitions, and a mixed customer base of tier one OEMs.
Foxconn makes kit for big brands in every segment including Cisco, Motorola and Dell. µ
See Also
Solectron CEO warns against over reliance on China
Indian labour will remain cheap in medium term
IT industry shows signs of becoming terribly grey
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