Jabil Inc.

Company Overview

Jabil Circuit is one of the leading providers of electronics manufacturing services in the world. Jabil Circuit Inc., together with its subsidiaries, provides electronics manufacturing services and solutions worldwide. It offers electronics and mechanical design, production, product management and aftermarket services to companies in the aerospace, automotive, computing, consumer, defense, industrial, medical, instrumentation, networking, peripherals, storage and telecom industries.

The company's services comprise:

• Integrated design and engineering.
• Component selection, sourcing, and procurement.
• Automated assembly.
• Design and implementation of product testing.
• Parallel global production.
• Enclosure services.
• Systems assembly.
• Direct order fulfillment.
• Configure-to-order services.
• Cell phones and mobile products.
• Televisions and set-top boxes.
• Peripheral products (e.g., printers).
• Aftermarket services (including warranty and repair services).

The company has been rapidly expanding into Asian and Eastern European markets in recent years, through acquisitions and new plants. Top customers include Cisco Systems, Hewlett Packard, Nokia and Philips. The Americas provide about 40% of its sales.

Jabil Circuit began in 1966 in Detroit. Its earliest work was the manual assembly of replacement circuit boards for Control Data Corp. The name Jabil originated with the founders’ first names, a combination of James and Bill. In 1976, the company won a large contract from General Motors to develop a customized, highly automated production process. In 1982, the company moved its headquarters to St. Petersburg, Fla. During the 1990s, Jabil opened operations in Europe, Latin America and Malaysia. In 2002, the firm acquired Philips Contract Manufacturing Services.

The company’s manufacturing business comprises of three operating segments:

• The Consumer Division has dedicated resources designed to meet the particular needs of the consumer products industry and focuses on cell phones and mobile products, televisions, set-top boxes and peripheral products such as printers.
• The EMS Division focuses on the traditional and emerging electronics manufacturing services business segments, including automotive, computing, defense and aerospace, industrial, medical, networking, storage and telecommunications businesses.
• The Aftermarket Services Division provides warranty and repair services.

Financial Highlights (FY 2023)

Company's Business Segments

• EMS : This segment inlcudes Leveraging IT, Supply Chain Design and Engineering, Technologies Largely Centered on Core Electronics, Utilizing Large Scale Manufacturing Infrastructure.
• DMS : This segment inlcudes providing Engineering Solutions, with an Emphasis on Material Sciences, Machining, Tooling, Molding of Highly Engineered Plastic and Metal Parts.