Producer
Johnson Electric Holdings
Hong Kong-listed (SEHK: 179) precision motor manufacturer; HQ in Hong Kong with primary production in China. Produces micro-motors, BLDC motors, and actuators for automotive, industrial, and home appliance applications. Annual revenues ~$3B. Specializes in smaller BLDC motors for dishwasher pumps, refrigerator fans, and small appliance drives. Supplies major appliance brands globally including Whirlpool, Bosch, and LG.
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Inputs supplied
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Goods downstream
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Facilities
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Stories
What they make
1 input Johnson Electric Holdings supplies
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Goods downstream
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What else they do
Business segments
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Home Appliance BLDC Motors
35%Automotive Motors & Actuators
40%Industrial & Medical
Precision Components & Systems
10%
Intelligence
What's known
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Did you know2023
Johnson Electric motors are in dishwasher pumps (home appliances), automotive seat actuators and HVAC blower fans (passenger vehicles), and industrial automation servo motors -- from the same Hong Kong-listed company with China-based manufacturing. A Whirlpool product manager ordering dishwasher pump motors and a Ford procurement manager ordering seat actuators are both buying from Johnson Electric, without either team's supply chain monitoring necessarily flagging them as sharing a common supplier. US-China trade restrictions on small motor imports, a quality hold at Johnson Electric's Shenzhen facilities, or a Hong Kong political event affecting the company's operating structure would simultaneously affect appliance production and automotive assembly globally. Three consumer and industrial sectors share a Hong Kong precision motor company as a common upstream supplier -- with no cross-sector alerting when that common supplier faces a disruption.
Johnson Electric Holdings Limited ↗Origin2023
Johnson Electric was founded in 1959 in Hong Kong by Wang Seng Liang -- a Chinese immigrant from mainland China who set up a small motor workshop in Shau Kei Wan, a traditional fishing harbor area. Johnson Electric grew alongside Hong Kong's industrial development through the 1960s-1980s, manufacturing small motors for export to US and European consumer goods companies. When China opened under Deng Xiaoping's reforms, Johnson Electric was among the first Hong Kong companies to move manufacturing to the Pearl River Delta -- establishing factories in Shenzhen before most Western companies understood the opportunity. By the 1990s, Johnson Electric had become the dominant Asian small motor manufacturer, listed on the Hong Kong Stock Exchange, and supplying motors to virtually every major appliance and automotive OEM. The 2000 acquisition of Saia-Burgess (a Swiss precision actuator and switch company) gave Johnson Electric European engineering credibility and expanded its automotive portfolio. A 1959 fishing harbor motor workshop now supplies the dishwasher pump in your kitchen and the seat adjustment motor in your car.
Johnson Electric Holdings Limited ↗