Fagor Electronica
Fagor Electrónica is a Spanish worker cooperative and MONDRAGON subsidiary manufacturing semiconductors (including SiC), electronic manufacturing services, hospitality multimedia platforms, telematics, and EV/aerospace electronics across plants in Spain, Thailand, and Mexico with 679 employees.
- Company typePrivate
- Founded1959
- HeadquartersMondragón, Spain
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Fagor Electronica does
Fagor Electrónica is a Spanish worker cooperative (Sociedad Cooperativa) founded in 1959 and part of the MONDRAGON Corporation, operating across six business areas: Semiconductors (diodes, thyristors, and silicon carbide power devices), Electronic Manufacturing Services (EMS), Multimedia Services anchored by the Fagor Connect platform for hospitality, TV Reception, Smart Data Services (fleet management and telematics), and New Activities spanning EV charging, aerospace electronics, and automotive electric power steering (EPS) systems. The company manufactures at three plants in Spain (headquarters), Thailand (since 1992), and Mexico (since 2021), complemented by sales offices in Germany, Hong Kong, and the United States, with 679 employees globally.
The company generates revenue through a hybrid business model: direct sales of proprietary semiconductor discretes and power devices to industrial and automotive OEMs, contract EMS manufacturing, subscription- or licensing-based services through Fagor Connect and Smart Data telematics platforms, and project-based revenue from aerospace (IPEA) and automotive EPS (PIÑON) programs. Customer qualification in automotive and aerospace is supported by ISO 9001, ISO 14001, IATF 16949, and EN certifications across all manufacturing sites.
Strategic positioning centers on leveraging semiconductor and EMS manufacturing depth to expand into high-growth verticals: silicon carbide devices for EV and renewable applications, EV charging infrastructure, and aerospace electronics. The March 2024 acquisition of Triax Digital Solutions extended digital reception capabilities, and a June 2026 strategic agreement with Mondragon Goi Eskola Politeknikoa formalized R&D collaboration. Multiple applied AI and computer vision research projects (FLOTTY, ARTCOCAN) are underway, though AI capabilities are primarily in research and pilot phases rather than deployed at scale.
Fagor Electronica firmographics
Firmographics- Name
- Fagor Electronica
- Legal name
- Fagor Electrónica S.Coop
- Website
- https://fagorelectronica.com
- Company type
- Private
- Founded year
- 1959
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Fagor Electrónica is a Spanish worker cooperative and MONDRAGON subsidiary manufacturing semiconductors (including SiC), electronic manufacturing services, hospitality multimedia platforms, telematics, and EV/aerospace electronics across plants in Spain, Thailand, and Mexico with 679 employees.
- Ownership category
- akta.pro rank
Fagor Electronica industry classification
Industry- Product category
- Power Semiconductors
- NAICS
- Electrical Equipment Manufacturing (33531), Semiconductor and Related Device Manufacturing (334413), Semiconductor and Other Electronic Component Manufacturing (3344)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electrical Industrial Apparatus (3620)
- akta.pro primary industry
- Industrial Power & Energy Electronics Manufacturing Services (UPS, converters, inverters, chargers) (IMAGAGAI)
- akta.pro secondary industry
- Ruggedized/Harsh-Environment Electronics Manufacturing (IP-rated, shock/vibration, wide-temp) (IMAGAGAF)
Keywords
Where Fagor Electronica is headquartered
LocationHeadquarters
- HQ city
- Mondragón
- HQ country
- Spain
- HQ region
- Europe
Offices9 records
Markets served
Fagor Electronica business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- Semiconductor Products: Sale of discrete semiconductors including diodes, thyristors, and Silicon Carbide (SiC) components to OEM manufacturers in automotive, industrial, consumer electronics, lighting, telecom, and electromedical sectors. Manufacturing facilities in Spain and Thailand.
- EMS (Electronic Manufacturing Services): Contract manufacturing of custom electronic circuits and assemblies for companies that outsource electronics production, serving automotive, telecom, industrial, home appliances, renewable energy, and aerospace sectors.
- Multimedia Services (Fagor Connect): Recurring multimedia platform services for the hospitality sector, including TV connectivity, streaming, digital signage, and guest engagement solutions delivered through a SaaS-like platform model.
- TV Reception Products: Sale of TV reception equipment including antennas, amplifiers, headends, and distribution components for residential and hospitality markets.
- Smart Data Services / Fleet Management: Telematics and fleet management solutions (Flotasnet, Ubika platforms) for transport, logistics, and automotive sectors, likely subscription or SaaS-based recurring revenue.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Fagor Electronica product offering
Product offeringCore offering
Fagor Electrónica is a Spanish worker cooperative that designs and manufactures power semiconductors (diodes, thyristors, and silicon carbide/SiC devices) and provides Electronics Manufacturing Services (EMS) for OEM customers. The company also produces TV reception equipment, multimedia systems for the hospitality sector, and smart data/fleet management services, with newer activity in aerospace, electric vehicles, and automotive electronics.
Product overview
Fagor Electrónica is a diversified electronics and digital solutions group with more than 50 years of experience, organized into six main business areas. The portfolio comprises: (1) Semiconductors — power diodes, thyristors, and silicon carbide (SiC) wide-bandgap components for automotive, industrial, consumer, and electromedical markets; (2) EMS (Electronic Manufacturing Services) — outsourced electronics assembly serving automotive (IATF 16949-certified), telecommunications, industrial, home appliances, renewables, and aerospace sectors; (3) Multimedia Services centered on the Fagor Connect platform, which integrates TV/OTT entertainment, CastConnect streaming, WiFi, digital signage, and guest interaction for the hospitality sector; (4) Smart Data Services encompassing Flotasnet fleet management and Ubika IoT/telemetry solutions for transport, logistics and automotive verticals; (5) TV Reception — a comprehensive range of antennas, headends (MCU/LPU 8000 series), amplifiers (MOON, Smartio, EVO Pro), and fiber optic/copper distribution products for residential and hospitality signal distribution; and (6) New Activities including electric vehicle charging infrastructure, aerospace power electronics (IPEA, inverters), automotive EPS systems, and custom engineering solutions. The group operates across Spain (Mondragón headquarters), Thailand, Mexico, Colombia, Chile, Hong Kong, and Germany.
Differentiator
Problem solved
Functional benefit
Brands
- Fagor Connect: Multimedia services platform for hospitality sector providing TV, streaming, and digital guest experiences.
- Fagor Multimedia Solutions
- Fagor Smart Data
- Fagor Semiconductors
Products and services
- Power Semiconductors (Diodes, Thyristors, SiC) Discrete power semiconductor devices including rectifiers, thyristors, and silicon carbide (SiC) components used by industrial, energy, automotive, and aerospace OEMs for power conversion and switching.
- Electronics Manufacturing Services (EMS) Contract electronics manufacturing services, including PCB assembly and full box-build, offered to OEM customers that want to outsource production.
- TV Reception Equipment Equipment for TV signal reception (terrestrial/satellite) used by installers, broadcasters, and hospitality operators.
- Multimedia Systems for Hospitality Interactive multimedia and in-room entertainment/communication systems designed for hotels and hospitality chains.
- Smart Data / Fleet Management Services Data-driven fleet management services that provide tracking, operations monitoring, and analytics for vehicle fleet operators.
Quantifiable outcome
- Delivered 100th flight unit to Airbus in 2019
- +1 more outcomes
Companies that use Fagor Electronica
Customer profileNamed customers1 record
Segments9 records
Ideal customer profiles3 records
Fagor Electronica technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability14 records
Feature7 records
Fagor Electronica partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core and minor.
- Mondragon Goi Eskola PoliteknikoacoreStrategic agreement signed for a four-year period to drive joint R&D projects in advanced industrial technologies including power electronics, energy storage, artificial intelligence, cybersecurity, and advanced manufacturing technologies. The alliance strengthens the connection between academia and industry, contributing to the technological development of the Basque Country's innovation ecosystem.
- Universidad de ValenciacoreResearch partner in the SAFEROUTE project (2012-2015), developing a Road Safety Information System for professional road transport, in collaboration with Fagor Electrónica as project leader and other partners.
- CTAG (Centro Tecnológico de Automoción de Galicia)coreCollaborated in the EPS-PIÑON project (2012-2014) for development of an electric power steering system for new-generation utility vehicles. Also involved in the PECAL brake system development project.
- INTA (Instituto Nacional de Técnica Aeroespacial)corePartner in the CONVERTER75KW project (2012) for development of a 75kW AC/DC converter for turboprop aircraft auxiliary equipment, led by Fagor Electrónica.
- IK4 IKERLANcoreResearch and technology center partner in multiple R&D projects including PLANETA (logistics), ECOFLEET (predictive fleet efficiency), CLUMOSE (brake monitoring), and various government-funded industrial research initiatives.
- Universidad de CantabriacoreAcademic partner in PLANETA (2015-2017), SELSINCAN (2018-2020) for CAN-bus-free localization, and RUT-IA (2020-2022) for logistics data analytics research, among other projects.
- Airbus Defence and SpacecorePartner in the CETACEO project for zero-emission transport aircraft research, alongside AERTEC, Compañía Española de Sistemas Aeronáuticos, CT Ingenieros, and Kerox Technologies, coordinated by CDTI.
- AvnetminorGlobal electronics components distributor covering the European market, distributing Fagor Electrónica's semiconductor and electronic components products.
- RutronikminorEuropean electronic components distributor representing Fagor Electrónica's semiconductor products in Europe.
- Arrow Electronics AsiaminorAsia-Pacific electronic components distributor covering Singapore and wider Asia-Pacific region.
- LG ElectronicscoreSmart TV manufacturer that certified CastConnect, Fagor Electrónica's professional streaming solution for the hospitality sector, enabling seamless integration with LG hotel TVs.
- GooglecoreGoogle certified CastConnect as a Chromecast-compatible professional streaming solution for the hospitality sector, providing integration with Google's casting technology ecosystem.
- ITH (Innovación Turística Hotelera)minorFagor Multimedia Solutions joined ITH as an ally to strengthen digitization and innovation in the Spanish hotel sector, contributing multimedia and connectivity expertise.
- COIT (Colegio Oficial de Ingenieros de Telecomunicación)minorFagor Multimedia Solutions signed an agreement with COIT and Fagor Electrónica organized joint webinars on RF Overlay technology for ICT professionals.
- Triax Digital Solutions (TDS)coreFagor Electrónica acquired Triax Digital Solutions in March 2024 to lead the multimedia solutions market for the residential and tertiary sectors, significantly expanding its product portfolio and market presence.
Scale indicators7 records
Recent moves7 records
Expansion highlights6 records
Fagor Electronica competitors and assessment
Company assessmentDirect peers
- Inission: Swedish EMS with industrial focus and northern European manufacturing. Comparable to Fagor's industrial electronics manufacturing business and similar mid-market positioning.
- Televes: Spanish-headquartered manufacturer of TV reception equipment (antennas, headends, distribution). Closest direct peer to Fagor's TV reception business, with similar Iberian presence and complementary product overlap.
- Hanza: Swedish/German mid-market EMS with similar focus on industrial customers and comparable scope of manufacturing services. Closely analogues Fagor's industrial and EMS business in size and customer profile.
- NOTE AB: Swedish mid-market EMS provider with similar size and automotive/industrial focus. Comparable in customer mix (OEMs in industrial and automotive) and European manufacturing footprint, making it the closest size-and-strategy analogue to Fagor's EMS business.
- Scanfil: Finnish EMS provider serving industrial, energy, and automotive OEMs with multi-continent manufacturing. Comparable in scale, customer verticals, and the strategy of moving up the value chain into higher-mix industrial and power electronics.
- Kitron: Norwegian EMS with diversified offerings across defense, aerospace, energy, and industrial. Closely comparable to Fagor's defense/aerospace/industrial verticals and similarly Northern European ownership heritage.
Broad incumbents
- Nexperia: Global leader in discrete semiconductors (diodes, transistors). Competitor in Fagor's legacy diode and thyristor product categories, with significantly larger scale and broader customer base.
- Geotab: Global leader in commercial fleet management and telematics. Comparable to Fagor Smart Data Services' Flotasnet and Ubika products in target market (transport and logistics fleets) and capability (vehicle tracking, driver behavior, predictive analytics).
- STMicroelectronics: European-headquartered power semiconductor and SiC incumbent. Direct competitor in Fagor's automotive and industrial power semiconductor segments, with substantial SiC capacity and customer relationships.
- Infineon Technologies: Global leader in power semiconductors, including SiC. Fagor's discrete semiconductor and SiC business sits directly in Infineon's core category, but Fagor is several orders of magnitude smaller and targets niches where Infineon is the major incumbent.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Fagor Electronica social profiles
Digital presenceFagor Electronica compliance and trust
Trust signalCompliance12 records
Fagor Electronica financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fagor Electronica leadership team
Management profileNumber of profiles
Profiles1 record
Fagor Electronica subsidiaries and ownership
Company hierarchySubsidiaries6 records
Fagor Electronica funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fagor Electronica M&A and investment
M&A and investmentM&A1 record
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fagor Electronica
What does Fagor Electronica do?
Fagor Electrónica is a Spanish worker cooperative that designs and manufactures power semiconductors (diodes, thyristors, and silicon carbide/SiC devices) and provides Electronics Manufacturing Services (EMS) for OEM customers. The company also produces TV reception equipment, multimedia systems for the hospitality sector, and smart data/fleet management services, with newer activity in aerospace, electric vehicles, and automotive electronics.
Is Fagor Electronica a public or private company?
Fagor Electronica is a private company. It is classified as management employee owned and is currently operating.
When was Fagor Electronica founded?
Fagor Electronica was founded in 1959. It employs 501 to 1,000 people.
Where is Fagor Electronica based?
Fagor Electronica is headquartered in Mondragón, Spain, in the Europe region.
How does Fagor Electronica make money?
Five revenue lines are on record. Semiconductor Products are the primary driver. The others are EMS (Electronic Manufacturing Services), multimedia Services (Fagor Connect), TV Reception Products and smart Data Services / Fleet Management.
Who are Fagor Electronica's main competitors?
Direct peers on record are Inission, Televes, Hanza, NOTE AB, Scanfil and Kitron. Broad incumbents are Nexperia, Geotab, STMicroelectronics and Infineon Technologies.
Does Fagor Electronica have an API?
No public API is recorded for Fagor Electronica.
What industry is Fagor Electronica in?
Fagor Electronica's product category is Power Semiconductors. Its primary akta.pro industry code is IMAGAGAI, Industrial Power & Energy Electronics Manufacturing Services (UPS, converters, inverters, chargers), with a secondary code of IMAGAGAF, Ruggedized/Harsh-Environment Electronics Manufacturing (IP-rated, shock/vibration, wide-temp). Its NAICS code is 33531 and its SIC code is 3600.