Jabil closes FY20 on a strong note

“I’m thrilled with our ability to deliver such strong financial results to close out FY20,” says CEO Mark Mondello in the report.During the fourth quarter the EMS provider recorded revenues of USD 7.3 billion, quite the increase from USD 6.5 billion during the same quarter last year. Jabil’s Diversified Manufacturing Services recorded a YoY revenue growth of 17%, while it’s EMS segment showed a YoY growth of 8%.

Source: Evertiq – Jabil closes FY20 on a strong note

A Medical Aesthetic Device Case Study: Candela

Candela is driven by an unwavering focus on quality and innovation. For more than 50 years, the company has pioneered breakthroughs using energy-based laser devices for treating a broad range of conditions, from hair removal and wrinkle reduction to traumatic scarring involving wounded warriors and burn victims.

Source: A Medical Aesthetic Device Case Study: Candela | Jabil

Global EMS Market Reaches $555 Billion in 2019

In 2019, the worldwide contract manufacturing (CM) services market increased nominally — by 2.5 percent in total revenue — resulting in combined EMS and ODM revenue of over $555 billion, an expansion of $13 billion from the previous year, according to New Venture Research. The Worldwide Electronics Manufacturing Services Market – 2020 Edition reports revenue growth from 2014 to 2016 had been essentially flat, but expanded dramatically in 2017 and 2018.

Source: Global EMS Market Reaches $555 Billion in 2019

How Speed Up the Healthcare Product Development Cycle 

Healthcare worldwide is at an exciting inflection point. On the one hand is reactive medicine, which to a large extent describes the profile of the existing system – you get sick, visit your healthcare provider, get treated and go home.

Source: 3 Ways to Speed Up the Healthcare Product Development Cycle | Jabil