Sanmina Corp.

Company Snapshot

Founded: 1980
Entity Type: Public
Employees: 37,000
Region: Americas
Revenue: $7,568.3 Millions
Revenue Year: 2024
Headquarter: California, U.S.
Key Geographics: Americas, APAC, EMEA
Corporate Address: 2700 North First Street, San Jose, California 95134 U.S. Tel. +1-408-964-3500 www.sanmina.com

Company Overview

Sanmina Corp. is a provider of integrated manufacturing solutions, components, products and repair, logistics and after-market services. The company’s manufacturing capabilities cover a wide range of products, including high-speed PCBs, backplanes, flex circuits, and rigid-flex PCBs. The company operates in two businesses:

  • Integrated Manufacturing Solutions (IMS) business consists of PCB assembly and test, high-level assembly and test and direct order fulfillment.
  • In Components, Products and Services (CPS) business, components include printed circuit boards, backplanes and backplane assemblies, cable assemblies, fabricated metal parts, precision machined parts, and plastic-injected molded parts. Its products include memory solutions, high-performance storage platforms, optical, radio frequency (RF) and microelectronic (microE) design and manufacturing services and others.

Sanmina provides end-to-end design, manufacturing and logistics solutions and support to Original Equipment Manufacturers (OEMs) primarily in the industrial, medical, defense and aerospace, automotive, communications networks, automotive, clean technology, and cloud solutions sector.

In 2022, Sanmina signed a joint venture with Reliance Strategic Business Ventures Ltd. to build the premier integrated manufacturing solutions company in India. Later in July 2023, Sanmina expressed interest in building a PCB fabrication facility in Odisha, India. These strategies indicate Sanmina’s focus in Indian market.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

This information is available for BCC Research members only.

Sanmina Corp. In Reports

Printed Circuit Boards: Technologies and Global Markets

BCC Research Market Analyst says global markets for printed circuit boards was valued at $67.9 billion in 2023 & projected to grow from $70.9 billion in 2024 to $92.4 billion by the end of 2029.

Electronics Contract Manufacturing and Design Services: The Global Market

BCC Research Market Report says global market for electronics contract manufacturing and design services is estimated to increase from $546.4 billion in 2023 to reach $847.2 billion by 2028.

Printed Circuit Boards: Technologies and Global Markets

Global printed circuit boards market should reach $95.4 billion by 2027 from $74.0 billion in 2022 at a CAGR of 5.2% for the forecast period of 2022-27.

Company's Business Segments

  • Integrated Manufacturing Solutions : Integrated Manufacturing Solutions business consists of Printed Circuit Board Assembly, High-Level Assembly, Direct-Order-Fulfillment.
  • Components, Products and Services : Components include Advanced Printed Circuit Boards, Backplanes, Backplane Assemblies, Cable Assemblies, Fabricated Metal Parts, Precision Machined Parts, Plastic Injected Molded Parts. Products include Optical, Radio Frequency, Microelectronic Design and Manufacturing Services. Services Include Design, Engineering, Logistics, Repair.

Applications/End User Industries

  • Medical Systems
  • Communications Networks
  • Defense
  • Industrial
  • Clean Technology
  • Computing
  • Multimedia
  • Automotive
  • Oil and Gas
  • Aerospace