Economy of Mexico much of Mexico's electronics industry is driven by foreign companies, Mexico also has a sizeable domestic electronics industry and a number of electronics companies including Mabe, a major appliance manufacturer and OEM which has been functioning since the nineteen fifties and has expanded into the global market, Meebox, a designer and manufacturer desktop and tablet computers, solar power panels and electronics components, Texa, which manufactures computers laptops and servers, Falco, a major international manufacturer of electronic components such as printed circuitboards, power systems, semiconductors, gate drives and which has production facilities in Mexico, India and China, and Lanix, Mexico's largest
Samsung Electronics largest television manufacturer since 2006, and the world's largest manufacturer of mobile phones since 2011. It is also the world's largest memory chips manufacturer. In July 2017, Samsung Electronics overtook Intel as the largest semiconductor chip maker in the world. Samsung, like many other South Korean family-run chaebols, has been criticized for low dividend payouts and other governance practices that favor controlling shareholders at the expense of ordinary investors. In 2012, Kwon Oh-hyun was appointed the company's CEO but announced in October 2017 that he would resign in March 2018, citing an "unprecedented crisis". Samsung Electric Industries was established as