MARKET COMPOSITE
SANM - Sanmina Corp8:00:00 PM 4/19/2024
Price
$57.79
-0.43 (-0.74%)
Sanmina Corporation is an American electronics manufacturing services provider headquartered in San Jose, California that serves original equipment manufacturers in communications and computer hardware fields. The firm has nearly 80 manufacturing sites, and is one of the world’s largest independent manufacturers of printed circuit boards and backplanes. As of 2018, it is ranked number 411 in the Fortune 500 list, and has been included in the list for the 18th year. Sanmina was founded by Jure Sola and Milan Mandarić in 1980 as a printed circuit board manufacturer. During the 1980s, it expanded into manufacturing backplanes and subassemblies for the telecommunications industry. During the 1990s, the company grew , producing complete products for major OEM companies and completing a number of acquisitions. Jure Sola became CEO and Chairman of Sanmina in 1991. The company completed an initial public offering on NASDAQ in 1993.
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