Competition
The market for the services Plexus provides are highly competitive. The company competes primarily on the basis of meeting the unique needs of customers, and providing flexible solutions, timely order fulfillment and strong engineering, testing and production capabilities.
Plexus Corporation faces competition from other major global EMS companies such as Benchmark Electronics, Celestica, Flextronics International, Hon Hai (Foxconn), Jabil Circuit and
Sanmina-SCI,
as well as other EMS companies that often have a regional product, service or industry specific focus. Larger and more geographically diverse competitors have substantially more resources. Other, smaller competitors primarily compete only in specific sectors, typically within limited geographical areas. The company also competes against companies that design or manufacture items in-house. In addition, Plexus competes against foreign, low-labor cost manufacturers. This foreign, low-labor cost competition tends to focus on commodity and consumer-related products, which is not the company's focus. |
