Molex celebrates 75 Years
Established in 1938, Molex earned an industry reputation for developing unique interconnect solutions for challenging design problems. Molex also introduced ever-smaller connectors and modular interconnects — the micro products of their day — and continues to be a leader in the miniaturisation of electronic components.
Molex opened its first factory outside the U.S. in Japan in 1970. The company has since opened manufacturing operations in many other overseas locations, including Mexico, Ireland, Hong Kong, Singapore, India and China. In 1972, Molex went public launching a period of rapid growth as the company expanded into global markets to provide design, customer service and manufacturing capabilities closer to its increasingly diverse customer base.
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“Investing in the development of innovative products has always been an important part of our strategy and that will not change,” says Molex
vice chairman and chief executive Martin P. Slark.
“Molex continues to invest in design innovation, organic growth and strategic acquisitions to bring greater value to our shareholders and customers.”
Product innovation is a cornerstone of the Molex brand, with the company investing 5% or more of annual net revenue in R&D, which ranks it among the highest levels of R&D investment in the electronics industry. In FY12, Molex released more than 200 new products, received 319 patents and sold 60 billion connectors.
“For 75 years, Molex has been proud to work with electronics industry leaders to develop new interconnection technologies that help change the way people live, work and play. With the increasing role electronics play in the lives of people all over the world, we know Molex will continue to provide the solutions the industry requires,” Martin continues.
“As we celebrate this milestone year, we want to thank our global employees, customers, partners and the many communities that have supported Molex around the world. Without them, none of our success would have been possible.”
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