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SANM Sanmina Corporation

72.32
-0.90 (-1.23%)
After Hours
Last Updated: 21:02:00
Delayed by 15 minutes
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
  -0.90 -1.23% 72.32 70.92 74.37 73.92 72.13 72.91 282,814 21:02:00

Sanmina-SCI Takes Major Steps to Meet the Critical Needs of India's Burgeoning Electronics Market

07/12/2010 1:30pm

PR Newswire (US)


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SAN JOSE, Calif., Dec. 7, 2010 /PRNewswire/ -- Sanmina-SCI Corporation (Nasdaq: SANM), a leading global Electronics Manufacturing Services (EMS) company, today announced its India Design Center is providing significant advantages to Original Equipment Manufacturer (OEM) customers in the multimedia, communications, renewable energies and medical markets. A full-service engineering operation for hardware and embedded software outsourcing, the Design Center offers design and manufacturing services as one supplier, while delivering strategic benefits that include a more efficient product life cycle from concept through to production, wider global supply chain reach and considerable reduction in manufacturing costs.

The Sanmina-SCI India Design Center is located in the Madras Special Economic Zone (MEPZ) near Chennai. Currently, the Design Center is providing domain expertise in the design and manufacture of medical, networking and communications, optics, defense and aerospace, LED lighting and smart infrastructure technologies.

According to ELCINA Electronic Industries Association of India (www.elcina.com), the market for electronic products in India is projected to reach $150 billion U.S. by the year 2015, at a growth rate of 30% per annum. These skyrocketing figures have necessitated that Indian companies who have traditionally done manufacturing in-house, as well as global OEMs who typically use manufacturing facilities in other countries, create strategic partnerships with a manufacturer in India who can meet and exceed expectations on a variety of deliverables.

"Sanmina-SCI's fully integrated India Design Center offers strategic benefits that are unparalleled for OEMs who need end-to-end design and manufacturing capabilities, DFx requirements in early design phases, the ability to meet rigid environmental guidelines and a highly developed global supply chain," said Naresh Nigam, Chief Technology Officer at Sanmina-SCI. "Our unique success in India has been a direct result of our ability to meet our customers needs in every one of these areas, while also providing substantial cost savings at every level of the manufacturing process."

In addition to its lower-cost location, the Design Center provides the highest in manufacturing standards and capabilities that include:

  • A multi-disciplinary design team with expertise in high performance, high-reliability product solutions
  • Design and engineering from concept definition to product qualification, and New Product Introduction (NPI) to production
  • Value Add Value Engineering (VAVE) and sustaining engineering services
  • Collaborative development with other Sanmina-SCI and customers' global locations
  • Frontend engineering services that include DFx, RoHS and component engineering


"The ability to offer end-to-end design and manufacture services, including complex and rigorous test engineering and development, is a key part of the Sanmina-SCI strategy in India," stated Srinivas Moorthy, Vice President of Engineering at the Sanmina-SCI India Design Center in Chennai. "Providing strong testing and test engineering resources in-house allows for a more efficient manufacturing process and faster time-to-market for our customers who need to manufacture in India, and it's just one more example of how Sanmina-SCI provides the highest standards in design and manufacturing services."

Sanmina-SCI is one of the world's largest and most diverse EMS providers today, offering end-to-end supply chain solutions to branded technology companies. The India Design Center continues Sanmina-SCI's legacy of manufacturing and engineering excellence in key regions of the world, which has proven to help customers reduce market risks and decrease time-to-market in a variety of end markets for more than 30 years.

About Sanmina-SCI

Sanmina-SCI Corporation is a leading electronics contract manufacturer serving the fastest-growing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology leader, Sanmina-SCI provides end-to-end manufacturing solutions, delivering superior quality and support to OEMs primarily in the communications, defense and aerospace, industrial and semiconductor systems, medical, multimedia, enterprise computing and storage, automotive technology and renewable energy sectors. Sanmina-SCI has facilities strategically located in key regions throughout the world. More information regarding the company is available at http://www.sanmina-sci.com.

Sanmina-SCI 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-SCI 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 fiscal year 2009 Annual Report on Form 10-K and fiscal 2010 quarterly reports on Form 10-Q filed with the Securities Exchange Commission.

SOURCE Sanmina-SCI Corporation

Copyright 2010 PR Newswire

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