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Information about Sanmina Sci Corporation

Public
NASDAQ: SANM
Founded1980
FounderMilan Mandarić
HeadquartersSan Jose, California, United States
Key peopleJoseph R. Bronson, President and COO; Jure Sola, Chairman and Chief Executive Officer; David White, Executive Vice President and Chief Financial Officer
IndustryElectronics Manufacturing Services
Revenue$10.96 billion USD (2006) []
Employees41,000 (2006)
Website[1]


Sanmina-SCI Corporation (NASDAQ: SANM), is a global electronics manufacturing services (EMS) provider headquartered in San Jose, California that serves original equipment manufacturers in technology-related industries such as communications and computer hardware. Sanmina-SCI has nearly 80 manufacturing sites. The company is the world’s largest independent manufacturer of backplanes.

History

The company was founded by Milan Mandarić and Jure Sola in 1980, as a printed circuit manufacturer. By the end of the 1980s, the company expanded to backplanes and subassemblies.

In December of 2001, Sanmina acquired rival SCI Systems of Huntsville, Alabama for $6 billion in cash, stock, and debt. Although Sanmina was only half as large as SCI at the time, it was in a better financial position because its core telecommunications business was performing well, whereas SCI's lower-margin businesses such as personal computer manufacturing, were struggling.[1] Shortly after, Sanmina bought E-M Solutions, a Fremont, California electronics manufacturer, for $110 million in cash.[2]

Operations

Today, the San Jose, CA based company has 41,000 employees in over 20 countries. It serves clients in the fields of communications, computing, multimedia, semiconductors, defense, aerospace, medical applications, and automotive technology. It provides "end-to-end" manufacturing services for these clients (including consulting, design, engineering, logistics, new product introduction, assembly, machining, and fabrication), to produce printed circuit boards, backplanes, cables, injection-molded plastics, enclosures and frames, optics, and computer memory.[3]

It is ranked number 188 in the Fortune 500 list of the top 500 United States public corporations, and third only to Intel and Texas Instruments in the field of semiconductors.[0]

References

1. ^ Todd Wallack. "Sanmina buys rival SCI Systems", San Francisco Chronicle, July 17, 2001. Retrieved on 2007-09-28. 
2. ^ "Net expansion adds 52,000 domain names", San Francisco Chronicle, September 25, 2001. Retrieved on 2007-09-28. 
3. ^ company home page. Sanmina-SCI. Retrieved on 2007-09-28.
4. ^ Sanmina-SCI (Fortune 500 snapshot). Fortune. Retrieved on 2007-09-28.

External links

A public company usually refers to a company that is permitted to offer its securities (stock, bonds, etc.) for sale to the general public, typically through a stock exchange.
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19th century - 20th century - 21st century
1950s  1960s  1970s  - 1980s -  1990s  2000s  2010s
1977 1978 1979 - 1980 - 1981 1982 1983

Year 1980 (MCMLXXX
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An entrepreneur (a loanword from French introduced and first defined by the Irish economist Richard Cantillon) is a person who operates a new enterprise or venture and assumes some accountability for the inherent risks.
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San Jose, California

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Nickname: Capital of Silicon Valley
Location of San Jose within Santa Clara County, California.
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Motto
"In God We Trust"   (since 1956)
"E Pluribus Unum"   ("From Many, One"; Latin, traditional)
Anthem
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Industry (from Latin industrius, "diligent, industrious"), is the segment of economy concerned with production of goods. Industry began in its present form during the 1800s, aided by technological advances, and it has continued to develop to this day.
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Electronic manufacturing services (EMS) is term used for companies that design, test, manufacture, distribute and provide return/repair services for electronic component and assemblies for original equipment manufacturers (OEMs).
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Revenue is a business term for the amount of money that a company receives from its activities in a given period, mostly from sales of products and/or services to customers.
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The NASDAQ (acronym for National Association of Securities Dealers Automated Quotations system) is an American stock market.
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Electronic manufacturing services (EMS) is term used for companies that design, test, manufacture, distribute and provide return/repair services for electronic component and assemblies for original equipment manufacturers (OEMs).
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San Jose, California

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Nickname: Capital of Silicon Valley
Location of San Jose within Santa Clara County, California.
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Original equipment manufacturer, or OEM, is a term that refers to containment-based re-branding, namely where one company uses a component of another company within its product, or sells the product of another company under its own brand.
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backplane (or "backplane system") is a circuit board (usually a printed circuit board) that connects several connectors in parallel to each other, so that each pin of each connector is linked to the same relative pin of all the other connectors, forming a computer bus.
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19th century - 20th century - 21st century
1950s  1960s  1970s  - 1980s -  1990s  2000s  2010s
1977 1978 1979 - 1980 - 1981 1982 1983

Year 1980 (MCMLXXX
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Huntsville, Alabama

Nickname: "Rocket City"

Coordinates:
Country United States
State Alabama
Counties Madison, Limestone

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Telecommunication is the transmission of signals over a distance for the purpose of communication. In modern times, this process typically involves the sending of electromagnetic waves by electronic transmitters, but in earlier times telecommunication may have involved the use of
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personal computer (PC) is a computer whose original sales price, size, and capabilities make it useful for individuals.

It is unknown who coined the phrase with the intent of a small affordable computing device but John W.
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City of Fremont, California
Location of Fremont within Alameda County, California.
Coordinates:
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San Jose, California

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Location of San Jose within Santa Clara County, California.
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Logistics is the art and science of managing and controlling the flow of goods, energy, information and other resources like products, services and people from the source of production to the marketplace.
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Machining is an occupation or hobby or a class of material-working processes that involves using a power-driven machine tool, such as a lathe, milling machine or drill, to shape metal. Machining is a part of the manufacture of almost all metal products.
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printed circuit boards, or PCBs, are used to mechanically support and electrically connect electronic components using conductive pathways, or traces, etched from copper sheets laminated onto a non-conductive substrate.
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backplane (or "backplane system") is a circuit board (usually a printed circuit board) that connects several connectors in parallel to each other, so that each pin of each connector is linked to the same relative pin of all the other connectors, forming a computer bus.
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cable is one or more wires or optical fibers bound together, typically in a common protective jacket or sheath. The individual wires or fibers inside the jacket may be covered or insulated. Combination cables may contain both electrical wires and optical fibers.
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