Electronics Production | March 07, 2005
EMS Turnaround in 2004
According to research firm iSuppli 2004 showed signs that indicated on a turnaround in the contract manufacturing. The total sales in the EMS industry rose by 15.8 %, compared to 2003, to $116.5 billion.
EMS industry showed a strong recovery in 2004. That combined with the ODM industry's improved growth in 2004 indicates a turnaround in the contract manufacturing business. iSuppli forecasts the overall revenue(for i.e. the ODM- and EMS markets) to reach $298.4 billion in 2008.
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