Asia-Pacific Electronic Manufacturing Services Industry Overview
The Asia-Pacific electronic manufacturing services market is highly competitive and has several players. Companies continuously try to increase their market presence by introducing new products, expanding their operations, or entering into strategic mergers and acquisitions, partnerships, and collaborations. Some significant players include Benchmark Electronics Inc., Flex Ltd, and Sanmina Corporation.
In April 2024, Zetwork, a manufacturing service provider, planned to enhance its production capabilities for various tech products. The company plans to invest approximately INR 1,000 crore (~USD 120 million) in enhancing its laptops, servers, smartphones, hearables, televisions, and telecom equipment facilities. Zetwork is positioning itself to rival established electronics manufacturing services providers in India and its key export market, the United States.
In February 2024, Taiwan Semiconductor Manufacturing Co., a prominent player in the semiconductor industry, inaugurated its inaugural chip manufacturing facility in Japan, marking a significant stride in its worldwide growth strategy. TSMC unveiled intentions for a second Japanese plant, slated to commence operations in approximately three years.
Asia-Pacific Electronic Manufacturing Services Market Leaders
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Benchmark Electronics Inc.
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Hon Hai Precision Industry Co. Ltd (Foxconn)
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Flex Ltd
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Sanmina Corporation
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Jabil Inc.
- *Disclaimer: Major Players sorted in no particular order
