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Article: Contract manufacturers move to vertical integration.(Statistical Data Included)
- Article from:
- Purchasing
- Article date:
- October 18, 2001
- Author:
CopyrightCOPYRIGHT 2001 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Like the rest of the electronics industry, contract manufacturers have been hard hit by the economic downturn.
After expanding revenues to $83 billion in 2000 from $47 billion in 1999, the Top 50 electronics contract manufacturers (CMs) will likely see revenues decline 5% in 2001. Slumping shipments of computers, networking equipment and cell phones mean less business for electronics manufacturing services (EMS) companies.
However, the longer-term outlook for the electronics contract manufacturing industry appears bright. PURCHASING Magazine's annual survey of the Top 50 electronics contract manufacturers indicates that many CMs have boosted their ...