About Jabil Circuit, 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 90 plants in about 25 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 90 plants are located in low-cost countries such as Argentina, Brazil, China, Colombia, Czech Republic, Hungary, India, Japan, Malaysia, Mexico, Poland, Russia, Singapore, South Korea, Taiwan, Turkey, Ukraine, United Arab Emirates, and Vietnam, as well as in high-cost countries such as Austria, Belgium, Canada, France, Germany, Ireland, Israel, Italy, Scotland, The Netherlands, the UK, and the US.

Singapore, and China are its largest markets, accounting for about 28% and 2% of sales, respectively. Customers in Mexico and the US generate 14% and 12% 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 50% of sales. Its top customer is Apple (24% of sales) and other significant customers are Cisco Systems, LM Ericsson, General Electric, Ingenico, NetApp, Sony Mobile Communications, Valeo, and Zebra Technologies. In 2014, Jabil decided it would no longer work with  BlackBerry which accounted for about 15% of revenue in 2013.

Financial Performance

Overall sales rose 13.5% to about $18 billion in 2015 (ended August) as the DMS segment's revenue increased 39%. EMS revenue was flat year-to-year. The mobility business within DMS was particularly strong in 2015.

Profits rose 17.7% in 2015 from 2014 to reach $284 million. Increased revenue coupled with lower restructuring charges boosted Jabil's earnings.

Cash flow from operations surged to $1.2 billion in 2015 from $499 billion in 2014. Factors in the increase included a $984 million increase in accounts payable, accrued expenses, and other liabilities, $529 million in non-cash depreciation and amortization expense, a $113 million decrease in prepaid expenses and other current assets, and $62 million of recognized stock-based compensation expense and related charges. The increase in accounts receivable was primarily driven by the timing of sales and collections activity coupled with higher sales levels.


Jabil Circuit continued restructuring in 2014 most notably with its decision to discontinue its work for Nokia. The business accounted for 12% of revenue in 2013, but Jabil Circuit rebounded in 2015. Jabil Circuit also expanded manufacturing capacity in Malaysia and Vietnam.

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.

Mergers and Acquisitions

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 Circuit, 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

Major Office Locations

  • Saint Petersburg, FL

Other Locations

  • Anaheim, CA
  • Chula Vista, CA
  • San Jose, CA
  • Colorado Springs, CO
  • Atlanta, GA
  • Boise, ID
  • 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
  • Gotemba, Japan
  • Nogales, Mexico
  • Taipei City, Taiwan
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