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This statistic highlights II-VI Incorporated’s Revenue Breakdown by Region, split across Australia, Belgium, China, Germany, Hong Kong, Italy, Japan, Korea, Philippines, Singapore, Switzerland, Taiwan, United Kingdom, United States, Vietnam, and Other countries, reported on a quarterly basis from 2013 onwards.
Region | 2020 | 2021 | Contribution in 2021 |
Australia | $0 | $0 | 0% |
Belgium | $0 | $0 | 0% |
China | $292.14 | $343.48 | 11.05% |
Germany | $124.93 | $153.55 | 4.94% |
Hong Kong | $299.36 | $356.36 | 11.47% |
Italy | $0 | $0 | 0% |
Japan | $146.33 | $132.02 | 4.25% |
Korea | $8.54 | $12.41 | 0.40% |
Philippines | $4.48 | $4.97 | 0.16% |
Singapore | $5.79 | $5.10 | 0.16% |
Switzerland | $35.90 | $24.46 | 0.78% |
Taiwan | $3.74 | $11.39 | 0.36% |
The United Kingdom | $4.23 | $4.56 | 0.14% |
United States | $1,432.20 | $2,017.15 | 64.94% |
Vietnam | $22.15 | $38.80 | 1.24% |
Others | $0 | $1.65 | 0.01% |
Total | $2,379.78 | $3,105.89 | 100% |
(All figures are in millions)
IIVI’s total revenue has increased from $2,379.78 million in 2020 to $3,105.89 million in 2021, marking a growth of 30.5% on a year over year basis.
Australia
Australia makes nil contribution in 2021. Likewise, Australia has made nil contributions in the year 2020 as well.
Belgium
Belgium makes nil contribution in 2021. Likewise, Belgium has made nil contributions in the year 2020.
China
China contributes 11.05% to the total revenue generated by the company in 2021, amounting to $343.48 million. It witnessed an increment of 17.57% on a year-on-year basis, as compared to $292.14 million in 2020.
Germany
Germany contributes 4.94% to the total revenue in 2021. The revenue rose from $124.93 million in 2020 to $153.55 million in 2021, reflecting a strong growth rate of 22.90% on a yearly basis.
Hong Kong
Hong Kong contributes 11.47% to the total revenue generated by the company in 2021. The revenue rose from $299.36 million in 2020 to $356.36 million in 2021, witnessing a huge growth of 19.04%.
Korea
Korea contributes 0.40% to the total revenue generated by the company in 2021, amounting to $12.41 million. It witnessed an increment of 45.31% on a year-on-year basis, as compared to $8.54 million in 2020.
Philippines
This region contributes 0.16% to the total revenue generated by the company in 2021. This region’s revenue has inclined from $4.48 million in 2020 to $4.97 million in 2021, witnessing a growth of 10.93%.
Singapore
Singapore contributes 0.16% to the total revenue generated by the company in 2021, amounting to $5.10 million. It witnessed a downfall of 11.91% on a year-on-year basis, compared to $5.79 million in 2020.
Switzerland
This country contributes 0.78% to the total revenue generated by the company in 2021, amounting to $24.46 million. Switzerland’s contribution declined from $35.90 million in 2020 to $24.46 million in 2021, witnessing a decrease of 31.86%.
Taiwan
This country contributes 0.36% to the total revenue generated by the company in 2021. This country’s revenue skyrocketed from $3.74 million in 2020 to $11.39 million in 2021, marking a growth of 204.54% yearly.
United Kingdom
This country contributes 0.36% to the total revenue generated by the company in 2021. This region’s contribution has seen an incline of 7.80% as the revenue increased from $4.23 million in 2020 to $4.56 million in 2021.
United States
United States’ contributes 64.94% to the total revenue generated by the company in 2021. Its contribution has seen an incline of 40.84% as the revenue increased from $1432.20 million in 2020 to $2017.15 million in 2021.
Vietnam
Revenue from Vietnam rose from $22.15 million in 2020 to $38.80 million in 2021, witnessing a sharp growth of 75.16%. It contributes 1.24% to the total revenue generated by the company in 2021.
Other Countries
Other countries have only made contributions of $1.65 million in 2021 in the past 5 years, accounting for 0.005% of the total revenue in 2021.
The company is an American manufacturer of optical materials and semiconductors. As of 2021, the company has 22,961 employees. II-VI Incorporated was co-founded by Carl Johnson in 1971. II-VI Incorporated is headquartered in Saxonburg, Pennsylvania. The company also maintains R & D, manufacturing, sales, service, and distribution facilities in 73 locations around the world. The stock is listed on NASDAQ under the ticker symbol IIVI.
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