Market Share of North America Electronic Manufacturing Services Industry
The North American 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 of the major players include Vinatronic Inc., Benchmark Electronics Inc., Flex Ltd, and Sanmina Corporation.
April 2024 - International Business Machines Corp. (IBM) unveiled its intentions to bolster its Canadian semiconductor packaging and testing facility with over CAD 1 billion (~USD 730 million) investments over the next five years. In the initial phase, IBM, in collaboration with its partner, the MiQro Innovation Collaborative Centre, is injecting CAD 227 million (~USD 165 million) into the project. This investment will expand the current Quebec plant and establish a dedicated research and development lab.
January 2024 - Creation Technologies, an end-to-end electronic manufacturing service provider, opened a new state-of-the-art manufacturing facility in New York, United States. The company, with 13 locations in the United States and China, has opened a new facility to strengthen its presence in the United States further and meet the evolving requirements of its customers.
North America Electronic Manufacturing Services Market Leaders
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Vinatronic Inc.
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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
*Disclaimer: Major Players sorted in no particular order