The EMS & ODM Global Top 100

The following ranking presents the current top list of the world’s leading EMS and ODM companies, as determined by in4ma in collaboration with EMSNOW.

Rank 2025 Rank 2024 Name Headquarter Country Region Website
11 11 Huaqin Technology Co., Ltd. Shanghai China Asia https://en.huaqin.com
12 10 Inventec Corporation Taipai Taiwan Asia https://www.inventec.com/en/
13 12 Goertek Inc. Weifang, Shandong Province China Asia https://www.goertek.com/en/
14 14 Celestica Inc. Toronto Canada America www.celestica.com
15 16 Sanmina Corporation San Jose, CA USA America www.sanmina.com
16 15 Universal Scientific Industrial Co., Ltd./Asteelflash Shanghai China Asia www.usiglobal.com
17 25 Accton Technology Corporation Hsinchu Taiwan Asia www.accton.com
18 17 TPV Technology Limited Nanjing, Jiangsu Province China Asia https://www.tpv-tech.com
19 18 Qisda Corporation Taoyuan Taiwan Asia https://www.qisda.com/en
20 30 Dixon Technologies (India) Limited Uttar Pradesh (Noida) India Asia www.dixoninfo.com

Explanation:

Over 120 companies were considered in compiling our list of 100 companies, including 71 publicly traded and 49 private companies. For publicly traded companies, the figures are based on published data. Thirteen companies (as of March 5, 2026) have not yet released their final results for 2025; in these cases, the most recent annual forecasts communicated by management were used. These companies account for 12.3% of total revenue in 2025. Even with a 20% deviation, this would only affect the total value by approximately ±2.5%.

Of the 49 unlisted companies, no current data was available for 20 companies, so estimates were made based on older figures. As these are predominantly smaller companies, they account for only 1.3% of total revenue. Even with a possible deviation of 50%, this would only lead to an additional uncertainty of approximately ±0.65%.
Overall, this results in an estimated total tolerance of ±3.1% for the valuation.

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