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Home > Company Index > Electronics & Misc. Technology > Contract Electronics Manufacturing > Sanmina Corporation
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Sanmina Corporation |
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NEWS FROM THE WIRES |
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Sanmina, SCI say expect merge vote in November Aug 22 2001 04:44 PM PDT
Analysts divided on Solectron purchase of C-MAC Aug 10 2001 04:51 PM PDT
FDA clears Cygnus glucose sensor for manufacture Aug 07 2001 11:23 AM PDT
RESEARCH ALERT-Sanmina, SCI, TTM upgraded Aug 02 2001 08:58 AM PDT
WRAPUP 1-Argentina seeks European help as markets slide Aug 01 2001 01:20 PM PDT
> More WIRE STORIES about this company
NEWS FROM THE STANDARD |
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Attention Shoppers
Aug 09 2001 09:49 AM PDT
Solectron To Buy C-MAC for $2.7bn
Aug 09 2001 04:13 AM PDT
In the Thick of It
Jul 18 2001 09:56 AM PDT
Sanmina Bucks the Electronics Tide
Jul 16 2001 01:51 PM PDT
The Calm Before the Earnings Storm
Jul 16 2001 08:28 AM PDT
PROFILE |
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Sanmina is one lean, mean, electronic component manufacturing machine. The company is a contract manufacturer of multilayered printed circuit boards, backplanes, cables, and other components for electronic systems. Equipment manufacturers incorporate Sanmina's products into communications devices (about 70% of sales), industrial and medical instrumentation, and high-speed computers. More than three-fourths of Sanmina's sales are in the US; Nortel Networks accounts for more than 10%. The company plans to acquire SCI Systems -- which is neck-and-neck with Flextronics and Celestica as the world's #2 contract manufacturer -- for about $4.5 billion. French insurer AXA owns 14% of Sanmina.
COMPETITION |
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Celestica Inc. (CLS)
SCI Systems, Inc. (SCI)
Solectron Corporation (SLR)
DEALS |
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Deal: Sanmina and SCI Systems Merge for $6.0 Billion
Date Announced: 07.16.01
Value of transaction (US $Mil): 6000
Description: Two leading electronics manufacturers merge in a $6.0 billion transaction.
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: September
2000 Sales (mil.): 3,911.60
1-Yr. Sales Growth: 222.0%
Employees: 24,000
Revenue per employee: $162,983.33
KEY PEOPLE |
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Jure Sola
CEO
Rick R. Ackel
CFO
CONTACT INFO |
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2700 North 1st Street
San Jose, CA 95134
US
Phone: 408-964-3500
Fax: 408-964-3636
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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