United States

Profile: Sanmina Corp (SANM.O)

SANM.O on Nasdaq

18 Jul 2019
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$0.21 (+0.69%)
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Sanmina Corporation, incorporated on May 9, 1989, is a provider of integrated manufacturing solutions, components, products and repair, logistics and after-market services. The Company provides its offerings primarily to original equipment manufacturers (OEMs) in various industries, including communications networks, storage, industrial, defense and aerospace, medical, energy and industries that include embedded computing technologies, such as point of sale devices, casino gaming and automotive. The Company operates through two businesses: Integrated Manufacturing Solutions (IMS) and Components, Products and Services (CPS). IMS includes printed circuit board assembly and test, final system assembly and test, and direct-order-fulfillment. Its Components include interconnect systems (printed circuit board fabrication, backplane and cable assemblies) and mechanical systems (enclosures, precision machining and plastic injection molding). Its Products include memory, radio frequency (RF), optical and microelectronic solutions from its Viking Technology division, defense and aerospace products from SCI Technology Inc. (SCI), storage solutions from its Newisys division and cloud-based manufacturing execution system from its division, 42Q. Its Services include design, engineering, logistics and repair services.

The Company supports a range of segments, including transportation, power management, industrial control, instrumentation and test equipment, inspection and public safety equipment, capital equipment and self-service solutions. The Company manufactures sub-assemblies for machine-control units, such as liquid management equipment and complex hydraulic-electro-mechanical systems, for applications, such as industrial-grade printing and liquid dispensing. It provides manufacturing and related services to the medical industry, including design, logistics and regulatory services. It manufacture a range of medical devices, including blood glucose meters, computed tomography scanner assemblies, respiration systems, blood analyzers, cosmetic surgery systems, ultrasound imaging systems and a range of patient monitoring equipment.

The Company offers its end-to-end services to the defense, aerospace and electronics industry. The Company designs, manufactures and supports a range of defense and aerospace products, including avionics systems and processors, cockpit and wireless communications systems, tactical and secure network communications systems, radar subsystems, nuclear and radiation detection and monitoring systems for homeland defense and fiber-optic systems. In the communications sector, the Company focuses on infrastructure equipment, including wireless and wireline access, RF filters, switching, routing and transmission systems, optical networking and transmission and enterprise networking systems. It provides design and manufacturing solutions, as well as build-to-order (BTO) and configure-to-order (CTO) services, to the embedded computing and storage market.

The Company offers a set of products and solutions with a focus on wireless, wireline and optical communications and network infrastructure equipment, such as switches, routers and base stations, computing and storage systems, defense and commercial avionics and communications, medical imaging, diagnostic and patient monitoring systems, point-of-sale, gaming systems, semiconductor tools for metrology, lithography, dry and wet processing, industrial products, including large format printers and automated teller machines, energy and clean technology products such as solar and wind products, oil and gas applications, light emitting diode (LED) lighting, smart meters and battery systems. The Company has manufacturing facilities in approximately 20 countries on over six continents.

Integrated Manufacturing Solutions

The Company provides final system assembly and test in which assemblies and modules are combined to form complete, finished products. The Company provides final system assembly and test include wireless base stations, wireline communications switches, optical networking products, industrial and automotive products, LED lighting fixtures, diagnostic medical equipment, point of sale devices, set-top boxes and storage. The Company offers both functional and environmental test services. The Company also tests products for conformity to applicable industry, product integrity and regulatory standards. The Company provides direct-order-fulfillment for its OEM customers. The Company manages its direct-order-fulfillment processes using a set of common systems and processes that receive order information from the customer and provides supply chain management, including procurement and production planning. The Company supports its direct-order-fulfillment services with logistics that include delivery of parts and assemblies to the final assembly site, distribution and shipment of finished systems and processing of customer returns. Its systems support direct-order-fulfillment for a range of products, such as servers, workstations, set-top boxes and medical devices.

Components, Products and Services

The Company's design and engineering groups provide customers with services from product design and product development to prototyping and validation, production launch and end-of-life support for a range of products covering its market segments. Its offerings in design engineering include product architecture, detailed development, simulation, test and validation, integration and regulatory and qualification services, and its new product introduction (NPI) services include quick-turn prototypes, functional test development and release-to-volume production. It also offers post-manufacturing and end-of-life support, including repair and sustaining engineering support through its Global Services division. The Company fabricates backplanes in its printed circuit board plants. It manufactures backplane assemblies by press-fitting high density connectors into plated through-holes in the bare backplane. The Company also performs in-circuit and functional tests on backplane assemblies.

The Company provides a range of cable assembly products and services, from cable assemblies and harnesses for automobiles, to complex harnesses for industrial products and semiconductor manufacturing equipment. The Company designs and manufactures a range of high-speed data, radio frequency and fiber optic cabling products. Its cable assemblies are often used in rack systems to interconnect subsystems and modules. Its operations provide metal fabrication by soft tools, metal stamping and forging by hard tools with stage and progressive tools, plastic injection molding, robotic welding, powder coating, wet painting, plating and cleaning processes. The Company also offers a suite of precision machining services in the United States, Mexico, Israel and China.

Viking is its engineering and technology division that focuses on memory, RF, optical and microelectronics solutions for the OEM. Viking supplies edge non-volatile dual in-line memory module (NVDIMM), solid state drives (SSD) and dynamic random-access memory (DRAM) solutions. With a range of products that spans both SSD and DRAM technologies, Viking provides storage solutions ranging from computing SSDs tailored for the enterprise market to small form factor flash and DRAM modules optimized for industrial, telecommunications, and military markets. Viking's product offerings include Enterprise Class & Industrial Grade SSDs available across a portfolio of standard and OEM customized form-factors.

Newisys designs and manufactures storage and server products, including SSD arrays, hard disk drive (HDD) arrays, cold storage, and cloud solutions, including software to manage and provision storage across various fabrics. SCI provides engineering services, products, manufacturing, test, and depot and repair solutions to the global defense and aerospace industry. SCI also provides products for nuclear and radiation detection and monitoring, as well as fiber optics capabilities for use in a range of applications. 42Q provides a cloud-based manufacturing execution system (MES).

The Company competes with Benchmark Electronics, Inc., Celestica, Inc., Flextronics International Ltd., Jabil Circuits, Inc. and Plexus Corp.

Company Address

Sanmina Corp

2700 N 1st St
SAN JOSE   CA   95134-2015
P: +1408.9643500
F: +1408.9643440

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