Molex celebrates 75 years of innovation

Molex is celebrating its 75th year in business serving customers in the global electronics industry.

The company is providing innovative interconnect solutions to the world's leading manufacturers. The company's primary markets include data communications, telecom, consumer electronics, industrial, automotive, aerospace and defense, medical and lighting. Molex sells more than 100,000 different products and ranks among the top three connector companies in the world.

Molex opened its first factory outside the US 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.

"Molex continues to invest in design innovation, organic growth and strategic acquisitions to bring greater value to our shareholders and customers," said Martin P Slark, vice chairman and CEO, Molex.

Product innovation is a cornerstone of the Molex brand, with the company investing five percent or more of annual net revenue in R&D, which ranks 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.

"With the increasing role electronics play in the lives of people all over the world, we know Molex will continue to provide the innovative solutions the industry requires," said Martin.

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 miniaturization of electronic components.