About Jabil Inc.

Jabil Circuit makes a jabillion different kinds of electronics. The company is one of the leading providers of outsourced electronics manufacturing services (EMS) in the world. It makes electronics components and parts on a contract basis for computers, smartphones, printers, and other consumer electronics, as well as more complex, specialized products for the aerospace, automotive, and healthcare industries. The company's services range from product design and component procurement to product testing, order fulfillment, and supply chain management. Jabil Circuit operates some 103 plants in about 30 countries across the Americas, Asia, and Europe.


Jabil Circuit conducts business in two segments: Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS).

The EMS segment (60% of revenue) focuses on IT, supply chain design, and engineering for all things electronic. Customers' products are used in applications for automotive, digital home, industrial and energy, networking and telecommunications, point of sale, printing, and storage.

The DMS segment (40% of revenue) focuses on manufacturing services for material sciences and technologies. It works with customers to develop and manufacture products for consumer lifestyles and wearable technologies, defense and aerospace, emerging growth, healthcare, mobility, and packaging.

Geographic Reach

Jabil Circuit's plants are located in Argentina, Brazil, China, Finland, Hungary, India, Japan, Malaysia, Mexico, Poland, Russia, Singapore, South Africa, South Korea, Spain, Taiwan, Ukraine, and Vietnam, as well as in Austria, Belgium, Canada, France, Germany, Ireland, Israel, Italy, Scotland, the Netherlands, and the US.

Singapore, and China are its largest markets, accounting for about 27% and 21% of sales, respectively. Customers in Mexico and the US generate 17% and 9% of revenue, respectively.

Sales and Marketing

Jabil Circuit depends on a small number of customers for a significant percentage of revenue - five customers account for 49% of sales. Its top customer is Apple (24% of sales) and other significant customers are Cisco Systems, Dell Technologies, HP Inc., LM Ericsson, General Electric, Ingenico, NetApp, Valeo, and Zebra Technologies.

Financial Performance

Revenue rose 2.5% to $18.3 billion in 2016 (ended August) on sales increases of 3% and 2% in its two segments. Geographically only the Mexico market posted a gain, of 20%, from 2015 to 2016. The rise in sales came from its mobility business in the first half of the year and from telecommunications equipment.

Profit slipped 10.5% in 2016 from 2015 to $254 million. Higher costs for selling, general, and administrative functions rose 7% mainly because Jabil increased hiring and salaries to support growth. It also had higher amortization expenses related to intangible assets in acquisitions.

Cash flow from operations dropped to $916 million in 2016 from $1.2 billion in 2015. Part of the drop stemmed from a decrease in accounts receivable because of reduced consumer demand in the mobility business in the second half of 2016 in combination with cash collection efforts.


To compete in a rapidly consolidating industry, Jabil provides production on a global scale and operates through semi-autonomous business units that are dedicated to individual customers. The company continues to add services and to expand globally through acquisitions, including deals to acquire manufacturing operations from customers looking to reduce costs through outsourcing. The company tends to place manufacturing plants close to its customers.

In emphasizing that geographic strategy, Jabil is expanding its manufacturing operations in order to provide products of equivalent or comparable quality throughout the world. It has established and acquired operations in Europe, Africa, Asia, and Latin America.

Mergers and Acquisitions

Acquisitions have extended Jabil's product portfolio and its geographic reach.

In January 2016 Jabil acquired Inala, a South African energy products provider and systems integrator. The deal acquisition expanded Jabil's presence in the market for remote location energy products and marked its first venture in Africa.

In June 2015 Jabil acquired Clothing+, which makes the sensor fabric in the Victoria's Secret smart bra. It has been integrating electronics into textiles for almost two decades.

In August 2015, Jabil acquired Kasalis, which makes sophisticated systems used in the assembly high-precision optical equipment.

In 2015 Jabil's healthcare and packaging division, Nypro, acquired Plasticos Castella, a molder of plastic lids for condiments. Nypro's acquisition of Plasticos Castella expands smart packaging capabilities by combining design, engineering, and manufacturing facilities in Spain and Hungary with the services of Nypro's six North American plants.

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Jabil Inc.

10560 Dr Martin Luther King Jr St N
Saint Petersburg, FL 33716-3718
Phone: 1 (727) 577-9749


  • Employer Type: Public
  • Stock Symbol: JBL
  • Stock Exchange: NYSE
  • CEO and Director: Mark T. Mondello
  • CEO and Director: Mark T. Mondello
  • Vice Chairman: Thomas A. Sansone
  • 2016 Employees: 138,000

Major Office Locations

  • Saint Petersburg, FL

Other Locations

  • Anaheim, CA
  • Chula Vista, CA
  • San Jose, CA
  • Colorado Springs, CO
  • Atlanta, GA
  • Boise, ID
  • Chicago, IL
  • Hanover Park, IL
  • Louisville, KY
  • Devens, MA
  • Auburn Hills, MI
  • Mebane, NC
  • Poughkeepsie, NY
  • Memphis, TN
  • Laredo, TX
  • Contagem, Brazil
  • Manaus, Brazil
  • Sao Paulo, Brazil
  • Valinhos, Brazil
  • Gotemba, Japan
  • Taipei City, Taiwan
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