Trump's first onshoring win isn’t the iPhone – it's the AI server June 12, 2025 As Nikkei Asia reports in a new investigation, the US is quietly assembling a domestic supply chain for one of the most complex machines in the world: the AI server. And while Apple has resisted political pressure to move iPhone production onshore, a host of data centre suppliers – including Foxconn, Wistron, TSMC and SK Hynix – are rapidly expanding their US footprint to serve customers like Nvidia, Microsoft and Amazon.
Top 50 EMS firms grew 12.7% in 2024, reached $477B in assembly revenue April 18, 2025 Overall, the APAC region accounted for around 74.7% of the Top 50 EMS revenue, and the Americas achieved 20.4% revenue growth, an increase of 2.4%, while the EMEA region constituted 2.5%, and an increase of 0.3%, mainly due to extensive activity in acquisitions.
Tata receives green light for Pegatron deal January 22, 2025 The Competition Commission of India (CCI) has approved the acquisition of a majority shareholding in Pegatron Technology India Pvt. Ltd. (Pegatron India) by Tata Electronics Pvt. Ltd. (TEPL). The transaction also involves the transfer of the business undertaking of TEL Components Pvt. Ltd. (TEL), a wholly owned subsidiary of TEPL, to Pegatron India.
Zettabyte partners with Foxconn to advance AI data centers December 27, 2024 At the forefront of Zettabyte’s offerings is Zware, its AI data center management software. Zware optimizes GPU performance, lowering energy usage while maximizing computing output, the company said.
Omdia bets on Foxconn becoming world’s largest server vendor December 19, 2024 Fuelled by skyrocketing demand for AI-optimised servers from major US cloud providers, Foxconn's ODM direct business will experience exponential growth in 2024, securing the top rank in Omdia's global server market analysis.
Foxconn may expand Tamil Nadu facility, add 20,000 jobs November 25, 2024 Foxconn International Holdings India Developer Private Limited has reportedly submitted a proposal to expand the existing special economic zone in Sriperumbudur SIPCOT Industrial Park.
Foxconn to assemble Apple iPads in India? July 29, 2024 Speculation is rising that Foxconn is set to expand its operations in India by assembling iPads at its facility in Sriperumbudur, Tamil Nadu.
Asia still dominates among EMS providers April 16, 2024 According to Manufacturing Market Insider's (MMI) annual overview of the world's largest EMS providers, the top 50 companies generated USD 423 billion in revenue.
Tata to take over Pegatron's iPhone assembly plant? April 09, 2024 Speculation is rising that Taiwan's Pegatron is in talks to hand over control of its Indian iPhone manufacturing facility to the Tata Group.
Foxconn invites bids for new India factory build February 08, 2024 Taiwanese electronics manufacturer Foxconn is reportedly seeking partners for construction of its proposed site in India.
Taiwanese firms target Czech Republic for chip production February 02, 2024 Business groups from Taiwan and the Czech Republic have signed a memorandum of understanding (MOU) to explore semiconductor manufacturing in the region.
Corning to invest $120.4m in smartphone glass factory January 24, 2024 US electronics maker Corning will team up with Indian telecoms company Optiemus Infracom to manufacture smartphone displays in Tamil Nadu.
Tamil Nadu region secures $4.39bn from electronics giants January 08, 2024 India's southern state of Tamil Nadu has received investment pacts from Tata Electronics Pegatron, Hyundai Motors, Vinfest and others.
Luxshare to acquire Pegaglobe iPhone assembly plant December 29, 2023 Chinese iPhone contractor Luxshare will take a controlling stake in Pegatron's Pegaglobe factory in Kunshan. The move will make Luxshare the world's second-largest iPhone assembler after Foxconn.
Foxconn pledges $55m to Bengaluru-based subsidiary December 28, 2023 Taiwanese electronics giant Foxconn has taken a significant step towards expanding its manufacturing activity in India.
iPhone production halts in India as Foxconn Pegatron fight extreme weather December 05, 2023 Due to heavy rains, Taiwanese EMS providers Foxconn and Pegatron have halted manufacturing of Apple iPhones at their factories near Chennai in southern India.
Dispelix team up with Foxconn and Pegatron October 25, 2023 Dispelix, a Finnish developer of waveguides for extended reality (XR) glasses, has entered into two separate agreements with two of the biggest electronics manufacturing companies in the world; Foxconn and Pegatron.
Fire accident halts iPhone assembly in India September 25, 2023 Taiwanese EMS provider Pegatron has reportedly temporarily shut down production at an iPhone assembly facility in India on Monday following a fire.
Foxconn, Innodisk, Pegatron, Quanta and Wistron to digitalise factories with Nvidia May 29, 2023 Some of the world's largest electronics manufacturers are advancing their industrial digitalisation efforts using a new reference workflow that combines Nvidia technologies for generative AI, 3D collaboration, simulation and autonomous machines.
MMI: Global top 50 EMS companies surpassed $457 billion in revenue April 11, 2023 In 2022, Top 50 EMS sales accounted for USD 457 billion in revenue – an increase of USD 40 billion, or 9.5%, from 2021, reports Manufacturing Market Insider (MMI).
Taiwanese manufacturers to speed up investments in Mexico January 24, 2023 EMS-giant Foxconn, alongside other Taiwanese tech companies, is increasing its production capacity in Mexico in order to keep up with the demand for EVs and servers to be made in North America.
Drop in capacity utilisation lowers projected iPhone shipments November 03, 2022 Zhengzhou, the capital China’s Henan Province, was hit with a wave of COVID-19 outbreaks in the middle of October. The spread of the disease eventually reached Foxconn’s manufacturing base, where the number of infections rose significantly in late October.
Shanghai and Kunshan pandemic lockdowns clog supply chain logistics April 12, 2022 Due to the explosion of the COVID-19 pandemic in China, Shanghai has adopted a rolling lockdown policy since March and Kunshan City, a major production hub for the electronics industry near Shanghai, has also felt the impact.
8 people killed in Shanghai factory fire April 26, 2021 Eight people, including two firefighters, died in a fire that broke out at a factory in suburban Shanghai on Thursday afternoon, Shanghai Municipal People's Government said on Friday.
MMI: Top 50 EMS sales reached $384 billion in 2020 April 13, 2021 Manufacturing Market Insider says that In 2020, sales from the Top 50 EMS companies accounted for USD 384 billion in revenue – an increase of USD 17 billion from 2019.
Taiwanese manufacturer to invest €125 million in India November 18, 2020 The board of directors of EMS provider Pegatron, possibly best know as one of Apple’s largest manufacturers, has decided to approve a EUR 125 million plan to set up manufacturing operations in India.
Could Mexico be the winner in the US – China trade war? September 01, 2020 Taiwanese EMS giants Foxconn and Pegatron are – among others – companies that are said to consider new factories in Mexico.
Pegatron to merge with Casetek August 14, 2020 Pegasus Ace Limited, a subsidiary of EMS-giant Pegatron, has entered into a merger and acquisition agreement with Taiwanese manufacturer of light metal casings, Casetek Holdings Limited.
MMI: EMS Top 50 sales reached $344 billion in 2019 April 15, 2020 Manufacturing Market Insider says that the sales of the Top 50 biggest EMS providers accounted for USD 344 billion in revenue during 2019 – an increase of USD 14 billion from 2018.
CM service market makes 15% leap July 24, 2019 In 2018, the worldwide contract manufacturing (CM) services market increased significantly—by 15 percent in total revenue—resulting in combined EMS and ODM revenue of nearly $542 billion, an expansion of $70.7 billion.
EMS Top50 total sales reach $333 billion April 02, 2019 Manufacturing Market Insider has released its annual MMI Top 50 list of the world’s largest EMS providers. In 2018, Top50 total sales reached USD 333 billion in revenue – an increase from USD 301 billion in 2017.
Contract manufacturing market recovers in 2017 after four years of decline August 20, 2018 In its annual electronics manufacturing services report, New Venture Research (NVR), says that in 2017, the worldwide contract manufacturing (CM) services market increased significantly by 10.8 percent in total revenue, resulting in combined EMS and ODM revenue of USD 471 billion.