New Venture Research CEO Randall Sherman on EMS@C-Level

EMS@C-LEVEL · 3 Mar 2023 · 20m

What this episode covers

Randall Sherman, CEO of New Venture Research, analyzes the global electronics manufacturing services (EMS) industry, noting that while 2022 was a bumper year with double-digit growth, 2023 is expected to see low single-digit growth due to economic disruption and COVID trends in China. He discusses the ongoing shift away from China towards India, Vietnam, and Mexico, driven by geopolitical tensions and supply chain security concerns, while highlighting the resilience of industrial, automotive, and medical sectors compared to consumer electronics. Sherman also addresses industry consolidation, talent shortages, and the potential for US manufacturing revival through legislation like the Chips Act.

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