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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Sanmina Corporation | NASDAQ:SANM | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.27 | 0.44% | 61.76 | 53.51 | 300.00 | 62.42 | 60.70 | 62.42 | 271,721 | 05:00:08 |
SAN JOSE, Calif., March 10, 2020 /PRNewswire/ -- Sanmina Corporation (Nasdaq: SANM), a leading integrated manufacturing solutions company that manufactures some of the world's most complex and innovative electronic, optical and mechanical products, today announced that it has expanded its facility in Thailand. Augmenting its existing mission critical products, the site now has advanced custom packaging and assembly capabilities to manufacture advanced optical, high speed and radio frequency (RF) microelectronic assemblies and products. This expansion supports rapid growth for new technology products across the networking, 5G, data center, automotive/LIDAR and aerospace and defense markets.
"A key priority at Sanmina is to leverage our vertical integration capabilities to help customers deliver innovative solutions that utilize the most advanced manufacturing methods and technologies," said Jeff Reece, EVP of Business Development, Communications Networks at Sanmina. "Extending our optical and RF microelectronics expertise to Thailand enables us to develop new products and quickly ramp to volume production for customers across a variety of markets."
Key differentiators at Sanmina's Thailand facility include:
About Sanmina
Sanmina Corporation, a Fortune 500 company, is a leading integrated manufacturing solutions provider serving the fastest growing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology leader, Sanmina provides end-to-end manufacturing solutions, delivering superior quality and support to Original Equipment Manufacturers (OEMs) primarily in the communications networks, cloud solutions, industrial, defense, medical and automotive. Sanmina has facilities strategically located in key regions throughout the world. More information about the Company is available at www.sanmina.com.
Sanmina Safe Harbor Statement
The foregoing, including the discussion regarding the Company's future prospects, contains certain forward-looking statements that involve risks and uncertainties, including uncertainties associated with economic conditions in the electronics industry, particularly in the principal industry sectors served by the Company, changes in customer requirements and in the volume of sales principal customers, the ability of Sanmina to effectively assimilate acquired businesses and achieve the anticipated benefits of its acquisitions, and competition and technological change. The Company's actual results of operations may differ significantly from those contemplated by such forward-looking statements as a result of these and other factors, including factors set forth in our Company's Annual and quarterly reports filed with the Securities Exchange Commission.
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View original content:http://www.prnewswire.com/news-releases/sanmina-expands-thailand-facility-adds-custom-microelectronics-and-optical-assembly-capabilities-to-support-high-growth-markets-301020635.html
SOURCE Sanmina Corporation
Copyright 2020 PR Newswire
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