Sanmina-SCI Corporation (NASDAQ: SANM) is a global electronics manufacturing services (EMS) provider headquartered in San Jose, California that serves original equipment manufacturers in technology-related industries such as communications and computer hardware. Sanmina-SCI has nearly 80 manufacturing sites. The company is the world’s largest independent manufacturer of backplanes.^{[citation needed]}

History[link]

The company was founded by Milan Mandarić and Jure Sola in 1980, as a printed circuit manufacturer. By the end of the 1980s, the company expanded to backplanes and subassemblies.

In December 2001, Sanmina merged with SCI Systems of Huntsville, Alabama for $6 billion in cash, stock, and debt. Although Sanmina was only half as large as SCI at the time, it was in a better cash position because its core telecommunications business was performing well, whereas SCI's lower-margin businesses such as personal computer manufacturing, were struggling.^[2] Shortly after, Sanmina-SCI bought E-M Solutions, a Fremont, California electronics manufacturer, for $110 million in cash.^[3] Then in early 2002, Sanmina-SCI acquired Viking Interworks of Rancho Santa Margarita for $15 million ($10.9 million in cash and 390,000 shares of Sanmina-SCI stock worth $10.26 per share at the time).^[4]

Operations[link]

Today, the San Jose, CA based company has 41,000 employees in over 20 countries. It serves clients in the fields of communications, computing, multimedia, semiconductors, defense, aerospace, medical applications, and automotive technology. It provides "end-to-end" manufacturing services for these clients (including consulting, design, engineering, logistics, new product introduction, assembly, machining, and fabrication), to produce printed circuit boards, backplanes, cables, injection-molded plastics, enclosures and frames, optics. It was ranked number 366 on the 2011 Fortune 500 list of the 500 largest United States public corporations.^[5]

References[link]

1. ^ "366. Sanmina-SCI". Fortune 500: Our annual ranking of America's Largest Corporations. Fortune. http://money.cnn.com/magazines/fortune/fortune500/2011/snapshots/10805.html. Retrieved 25 April 2012. 
2. ^ Todd Wallack (July 17, 2001). "Sanmina buys rival SCI Systems". San Francisco Chronicle. http://sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2001/07/17/BU148860.DTL&type=business. Retrieved 2007-09-28. 
3. ^ "Net expansion adds 52,000 domain names". San Francisco Chronicle. September 25, 2001. http://sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2001/09/25/BU142050.DTL. Retrieved 2007-09-28. 
4. ^ "Year later, Sanmina-SCI revives Viking". Orange County Business Journal. http://www.allbusiness.com/sales/1127533-1.html. Retrieved 2010-10-27. 
5. ^ "Fortune 500: Our ranking of America's largest corporations". Fortune Magazine. http://money.cnn.com/magazines/fortune/fortune500/2011/companies/S.html. Retrieved 30 April 2012. 

External links[link]

	San Francisco Bay Area portal
	Companies portal

• Corporate website

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