EMS Grew 7.5% in 2020 as Industry Reaches $595 Billion

The worldwide contract manufacturing (CM) market experienced an excellent increase in revenue—an estimated 7.1 percent—which is far in excess of the annual worldwide GDP rate of –3.2% as established by the International Monetary Fund in 2020, according to New Venture Research (NVR) in its annual electronics manufacturing services report. The industry reached an all-time high…