Company History
Financial Statistics
2000 Income Statement by Region
1994-2000 Sales by Region
Sales by Products and Markets
Product Mix
End-Use Markets
Organization Structure
Geographies
Operating Units
Acquisition and Merger Activity
Customer Satisfaction
Organization Chart
Executive Profiles
Significant Events (1983-2000)
In addition to the forty-three profiles of leading worldwide connector companies, this report provides a complete detailed overview the world connector market.
The report is provided in an easy access 3-ring binder, and profiles the following companies:
3M
AB Connectors
ADC Telecommunications
Advanced Interconnections
Amphenol
Cinch
Comm Con
Corning Gilbert
Delphi Connection Systems
EDAC
ERNI
Elco/AVX
FCI
Foxconn
Fujitsu
G&H Technology
HARTING
Hirose
Hosiden
Huber+Suhner
IEH
Cannon JAE
J.S.T.
Kycon
Methode
Mill-Max
Molex
Nanonics
ODU
PCD
Positronic
Radiall
RF Industries
Richard Hirschmann
Samtec
Smiths Industries
Stewart
Stratos Lightwave
Teradyne
Tyco Electronics
Woodhead Industries
Yamaichi
The following are excerpts from the chapter profiling Molex, Inc.
Molex 2000 Sales - Percent to Served Markets
Automotive - 18%
Molex's has experienced rapid sales increase in recent years in the automotive market with a compound annual rate of 38% since F1990. Sales have nearly quadrupled in this market since 1990. Molex's acquisition of Cardell has further strengthened its automotive business.
Telecommunications - 22%
Between 1990 and 2000, Molex's sales in the telecommunications market have increased from 6% of sales in 1990 to 22% in 2000. Over the past few years, Molex has increased its focus on the telecommunications market expanding its product offering through internal development, acquisitions and strategic alliances. It has made three strategic acquisitions to broaden its offering: Winchester Electronics' Biberach operation, which makes a wide variety of connectors for the telecommunications switching market; its fiber optics connector business, which began as a joint venture; and Molex Premise Networks (formerly Mod-Tap), offering premises wiring products.
Consumer Entertainment - 17%
Molex had early involvement in the TV and appliance market and sales to these mature markets are still growing.
Computer/Business Equipment - 33%
In 1980, Molex's sales to the computer market were less than $20 million. Today, this is Molex's largest served market with sales of $726 million. Molex is a leader in the notebook PC connector market because of its line of technologically advanced microminiature products and in the server market with its line of high performance products.
Industrial - 6%
Industrial is a relatively new market focus for Molex. The company established its Industrial Division in 2000 and sees this market as having longer product life cycles and consistent stable growth.
Other - 4%
Other industries served by Molex include medical equipment, instrumentation, aerospace, and the military.
In order to support its growth in the world marketplace, Molex has put in place a global information system (GIS). All Molex entities worldwide operate on the same information system. This GIS system improves customer service, reduces new product development time, improves productivity, reduces costs and provides management with a sharper and more timely view of its business.
Molex has been very successful in the past few years in reducing time to market for new products. This has resulted in higher volume orders at higher prices, which has become important in helping the company meet its financial objectives. In 2000, Molex increased spending on research and development to a record $128.8 million, or 5.8% of sales, which led to the introduction of 406 new product families. New products develop in the last three years accounted for 31.1% of Molex's total revenues in 2000. Molex was also granted 533 new product patents in 2000.
Molex Regional Connector Sales
In 2000, Molex's sales increased 27.8% to $2.438 billion compared with 1999 sales of $1.907 billion. More than 60% of Molex's sales were generated from products manufactured and sold outside the United States.
Molex Connector Sales by End-Use Equipment Sector
In 2000, 55.6% of Molex's connector sales to the computers and peripherals and telecommunications sectors of the market. Automotive accounted for an additional 18.6% of sales, and consumer products 14.9%
Molex Connector Sales by Product Category
Molex was the first to introduce the Enhanced Video Connector (EVC) in response to the emerging market for high-end, large-screen monitors. The MicroCross EVC (Enhanced Video Connector) system allows a monitor to be employed as an I/O hub for high-frequency multimedia computer applications. The part is produced in Mexico and China.
Molex Organization Structure
Molex Incorporated is the second largest connector company in the world. Based in Lisle, IL, the company's worldwide operations include 54 manufacturing facilities in 19 countries.
Approximately 60% of annual sales are international:
