Sanmina
- Revenue$6.8 BFY, 2021
- Market Capitalization$2.6 B2022-05-13
OverviewSuggest Edit
Sanmina is a provider of integrated manufacturing solutions, components, products and repair, logistics, and after-market services. It operates in the electronics manufacturing services (EMS) industry and manages its operations as two businesses. The Integrated Manufacturing Solutions (IMS) business offers printed circuit board assembly and test, final system assembly and test, and direct-order-fulfillment. The Components, Products and Services (CPS) business provides interconnect systems, mechanical systems, memory, radio frequency, optical and microelectronic solutions, defense and aerospace products, and cloud-based manufacturing execution software. Sanmina caters to original equipment manufacturers in various industries, including medical, defense and aerospace, automotive, communications networks, etc.
| Type | Public | |
| Founded | 1980 | |
| HQ | San Jose, CA, US | Map |
| Website | sanmina.com | |
| Employee Ratings | ||
| Overall Culture | F | More |
Recent NewsAll News
- Reliance to invest $221 million for electronics manufacturing with Sanmina in India
- Reliance to invest $200M in Sanmina JV to manufacture electronics hardware in India
- Sanmina Reports First Quarter Fiscal 2022 Financial Results
- Sanmina Corporation Invites You To Join Its First Quarter Fiscal 2022 Earnings Conference Call
Key People/Management at Sanmina
Jure Sola
Chairman and Chief Executive Officer
Kurt Adzema
Chief Financial Officer
Alan Reid
Executive Vice President, Global Human Resources
Dennis Young
Executive Vice President, Sales
Susan A. Johnson
Director
Eugene A. Delaney
Director
Sanmina Office Locations
Sanmina has offices in San Jose, Austin, El Paso, Fort Mill and in 38 other locations
San Jose, CA, US (HQ)
2700 N 1st St
Austin, TX, US
9100 Cameron Rd 200 Bldg
El Paso, TX, US
Plant #1382, 1220 Don Haskins Dr A
Fort Mill, SC, US
355 Crestmont Dr
Fremont, CA, US
42735 Christy St
Huntsville, AL, US
13000 S Memorial Pkwy
Sanmina Financials and Metrics
Sanmina Revenue
Sanmina's revenue was reported to be $6.76 b in FY, 2021 which is a 2.9% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q1, 2022) | 1.8b |
Gross profit (Q1, 2022) | 144.5m |
Gross profit margin (Q1, 2022), % | 8.2% |
Net income (Q1, 2022) | 58.6m |
EBIT (Q1, 2022) | 81.4m |
Market capitalization (13-May-2022) | 2.6b |
Closing stock price (13-May-2022) | 40.4 |
Cash (1-Jan-2022) | 627.7m |
EV | 2.3b |
Sanmina's current market capitalization is $2.6 b.
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 2.2b | 2.1b | 2.0b | 1.8b | 1.6b | 1.7b | 1.8b | 1.7b | 1.7b | 1.8b |
Cost of goods sold | 2.0b | 2.0b | 1.9b | 1.7b | 1.5b | 1.5b | 1.6b | 1.6b | 1.5b | 1.6b |
Gross profit | 149.3m | 153.1m | 147.8m | 134.9m | 107.4m | 131.5m | 141.2m | 143.1m | 136.6m | 144.5m |
Gross profit Margin, % | 7% | 7% | 7% | 7% | 7% | 8% | 8% | 8% | 8% | 8% |
Annual
Annual
| USD | FY, 2018 |
|---|---|
Revenue/Employee | 200.9k |
Sanmina Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| BreconRidge | April 27, 2010 | $53 m |
| Pentex-Schweizer Circuits | June 28, 2004 | $78.8 m |
| Newisys | July 17, 2003 | |
| SCI Technology | December 06, 2001 | |
| AET Holdings Limited | ||
| CertainSource Technology Group Inc. | ||
| CST Real Estate LLC | ||
| Davos Group Limited | ||
| Hadco Corporation | ||
| Hadco Santa Clara, Inc. |
Sanmina Revenue Breakdown
Sanmina revenue breakdown by business segment: 19.3% from Components, Products and Services and 80.7% from Integrated Manufacturing Solutions
Sanmina revenue breakdown by geographic segment: 47.1% from Americas, 37.3% from APAC and 15.6% from EMEA
Sanmina Cybersecurity Score
Sanmina Environment, Social & Governance (ESG) Ratings
Sanmina Online and Social Media Presence
3.68k Twitter followers
Sanmina has 3.68k Twitter Followers. The number of followers has increased 0.9% quarter over quarter
Sanmina's Trends
Twitter Engagement Stats for @SanminaCorp
5k
Tweets
133
Following
3.7k
Followers
16
Tweets last 30 days
1.4
Avg. likes per Tweet
93.8%
Tweets with engagement
Sanmina Company Culture
Overall Culture
F
51/100
CEO Rating
D
59/100
Compensation
F
40/100
Diversity
F
46/100
Sanmina News and Updates
March 03, 2022
Reliance to invest $221 million for electronics manufacturing with Sanmina in India
Reliance Industries plans to invest up to $221 million in American electronics firm Sanmina to set up a joint venture as the Indian giant looks to expand its electronics manufacturing. The joint venture aims to create a “world-class” electronic manufacturing hub in India, the two said. It will prior…
March 03, 2022
Reliance to invest $200M in Sanmina JV to manufacture electronics hardware in India
The JV between Reliance and Sanmina will prioritise high tech infrastructure hardware for growth markets and across industries such as communications networking, medical and healthcare systems, industrial and cleantech, and defence and aerospace.
January 31, 2022
Sanmina Reports First Quarter Fiscal 2022 Financial Results
Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the fiscal first quarter ended January 1, 2022 and outlook for its fiscal second quarter ending April 2, 2022.
January 25, 2022
Sanmina Corporation Invites You To Join Its First Quarter Fiscal 2022 Earnings Conference Call
Sanmina Corporation (NASDAQ: SANM) announced today that it will host its first quarter fiscal 2022 earnings conference call on Monday, January 31, 2022 at 5:00 PM ET.
January 18, 2022
MixComm and Sanmina’s Advanced Microsystems Technologies Division Collaborate to Develop 5G mmWave Solutions
MixComm, the mmWave Antennas to Algorithms™ pioneer, today announced it has selected Advanced Microsystems Technologies, a division of Sanmina (NASDAQ:SANM) as a lead partner to productize its 5G wireless infrastructure solutions. The division will provide design, packaging, assembly, and testing se…
December 10, 2021
Susan Johnson Joins Sanmina's Board of Directors
Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today announced the appointment of Susan Johnson, a seasoned executive, to the Company's Board of Directors, effective December 6, 2021.
Sanmina Blogs
May 25, 2022
42Q Cloud Manufacturing Solution Now Available in AWS Marketplace
Visit 42Q in Hall 4 Booth #E31 during Hannover Messe and Learn How to Jumpstart Digital Factory Transformation Using 42Q’s Digital Factory Starter Kit SAN JOSE, CALIF. — May 25, 2022 — 42Q, a leading provider of cloud manufacturing solutions, today announced availability of its cloud-based manufactu…
April 11, 2022
Viking Enterprise Solutions Launches Highly Scalable, On-Premise Software Defined Storage Solution
Cloud Native Obsidian Offers Secure, Flexible and Cost-Effective Alternative to Public Cloud Storage Platforms SAN JOSE, Calif. – April 11, 2022 – Viking Enterprise Solutions, a product division of Sanmina Corporation (Nasdaq: SANM), today announced the launch of Cloud Native Obsidian (CNO), an on-p…
March 04, 2022
SANMINA AND RELIANCE CREATE MANUFACTURING JOINT VENTURE IN INDIA
Supports “Make in India” initiative for State-of-the-Art Electronics Hardware Caters to growing demand for high technology infrastructure hardware in India as well as addresses export opportunities San Jose, CA / Mumbai, March 2, 2022: Sanmina Corporation (Sanmina) (NASDAQ: SANM), a leading integrat…
January 19, 2022
MixComm and Sanmina’s Advanced Microsystems Technologies Division Collaborate to Develop 5G mmWave Solutions
Partnership will Speed Development and Enhance Manufacturability of 5G mmWave Wireless Infrastructure CHATHAM, NJ., Jan, 18, 2022 – MixComm, the mmWave Antennas to Algorithms™ pioneer, today announced it has selected Advanced Microsystems Technologies, a division of Sanmina (NASDAQ:SANM) as a lead p…
September 21, 2021
Sanmina Strengthens Focus on Extensive Optical, RF and Microelectronics Capabilities
Brands Optical, RF and Microelectronics Division as Advanced Micro Systems Technologies; Leverages 15 Years of Experience to Capitalize on Growing Demand for Highly-Integrated Technology Products SAN JOSE, Calif. – September 21, 2021 – Sanmina Corporation (NASDAQ: SANM), a leading integrated manufac…
July 19, 2021
Viking Enterprise Solutions and Kalray announce the co-development of FLASHBOX,™ a new generation of NVMe storage arrays
Powered by Kalray’s Smart Storage Acceleration Card based on its MPPA® DPU, Viking Enterprise Solutions and Kalray collaborate on a breakthrough NVME disaggregated storage solution that addresses NVMe performance bottlenecks, while providing the same ease of use as standard enterprise-grade storage …
Sanmina Frequently Asked Questions
When was Sanmina founded?
Sanmina was founded in 1980.
Who are Sanmina key executives?
Sanmina's key executives are Jure Sola, Kurt Adzema and Alan Reid.
How many employees does Sanmina have?
Sanmina has 35,000 employees.
What is Sanmina revenue?
Latest Sanmina annual revenue is $6.8 b.
What is Sanmina revenue per employee?
Latest Sanmina revenue per employee is $193 k.
Who are Sanmina competitors?
Competitors of Sanmina include Plexus, Aditya Birla Group and Ultra Clean Technology.
Where is Sanmina headquarters?
Sanmina headquarters is located at 2700 N 1st St, San Jose.
Where are Sanmina offices?
Sanmina has offices in San Jose, Austin, El Paso, Fort Mill and in 38 other locations.
How many offices does Sanmina have?
Sanmina has 44 offices.
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