Molex (Nasdaq: MOLX) manufactures electronic components, including electrical and fiber optic interconnection products and systems, switches and integrated products. It is headquartered in Lisle, Ill. and was founded in 1938.
Molex's core business is the manufacture and sale of electromechanical components. Their products are used by a large number of original equipment manufacturers (OEMs) throughout the world. They design, manufacture and sell more than 100,000 products including terminals, connectors, planar cables, cable assemblies, interconnection systems, backplanes, integrated products and mechanical and electronic switches in 45 manufacturing locations in 18 countries. Molex also provides manufacturing services to integrate specific components into a customer’s product.
Their three operating segments consist of the Connector, Transportation and Custom & Electrical segments. A summary of the segments follows:
- The Connector segment manufactures and sells products for high-speed, high-density, high signal-integrity applications as well as fine-pitch, low-profile connectors for the consumer and commercial markets.
- The Transportation segment designs and manufactures products that withstand environments such as heat, cold, dust, dirt, liquid and vibration for automotive and other transportation applications.
- The Custom & Electrical segment manufactures and sells integrated and customizable electronic components across all industries that provide original, differentiated solutions to customer requirements. It also leverages expertise in the use of signal, power and interface technology in industrial automation and other harsh environment applications.
Source: Molex, Inc. April 30th, 2009 10-Q