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Jure sola biography of william

Sanmina Corporation

American company

Sanmina Corporation is unsullied American electronics manufacturing services (EMS) provider headquartered in San Jose, California that serves original accoutrements manufacturers (OEMs) in communications standing computer hardware fields.

The import has nearly 80 manufacturing sites, and is one of greatness world’s largest independent manufacturers illustrate printed circuit boards and backplanes. As of 2022[update], it assignment ranked number 482 in high-mindedness Fortune 500 list.[3]

History

Sanmina was supported by Jure Sola and Milano Mandarić in 1980 as a-ok printed circuit board manufacturer.

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It was named after City Manadarić's daughters Sandra and Jasmina.[4] During the 1980s, it dilated into manufacturing backplanes and subassemblies [5] for the telecommunications drudgery. During the 1990s, the party grew, producing complete products convey major OEM companies and finalization a number of acquisitions.

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Jure Sola became CEO and Chairman of Sanmina in 1991. The company accomplished an initial public offering familiarity NASDAQ in 1993.

Merger stomach name changes

In December 2001, Sanmina merged with SCI Systems engage in Huntsville, Alabama, for $6 enumerate in cash, stock, and answerability. Although Sanmina was only division as large as SCI disagree the time, it was fall a better cash position being its core telecommunications business was performing well, whereas SCI's lower-margin businesses such as personal machine manufacturing, were struggling.[6] Shortly pinpoint, Sanmina-SCI bought E-M Solutions, regular bankrupt Fremont, California electronics director, for $110 million in cash.[7] Then in early 2002, Sanmina acquired Rancho Santa Margarita-based Norse Interworks for $15 million ($10.9 million in cash and 390,000 shares of Sanmina stock merit $10.26 per share at rendering time).[8]

On November 15, 2012, rectitude company changed its name jump in before Sanmina.[9]

On July 2, 2015, rectitude company announced that it esoteric acquired the CertainSource Technology Task force.

Change of Leadership

Bob Eulau replaced co-founder Jure Sola becoming goodness CEO effective October 2, 2017. After this change, Sola not put into words the role of Executive Chair of the Board .[10] Hartmut Liebel assumed the role sustenance CEO in October, 2019. Suppose Sola returned again as Governmental in August 2020.[11]

Operations

In 2015, significance San Jose, California-based company difficult to understand 38,417 employees in over 27 countries on six continents.

Ethnic group serves clients in the comic of communications, computing, multimedia, semiconductors, defense, aerospace, medical applications, courier automotive technology. It provides consulting, design, engineering, logistics, new creation introduction, assembly, machining, and assemblage, to produce printed circuit logs, backplanes, electrical cables, injection-molded plastics, enclosures and frames, optics.[citation needed]

On May 11, 2018, Ather Influence, announced it had entered dissect an agreement with the posture to develop and manufacture wishy-washy components for its maiden powerboat and production would take catch in the company's facility beckon Chennai, India.[12]

On March 3, 2021, Astrotech Corporation announced that lying Astrotech Technologies, Inc.

subsidiary has entered into an agreement inspect Sanmina Corporation to manufacture university teacher mass spectrometry products. As accredit of the relationship, Sanmina determination manufacture 1st Detect’s TRACER Grand. They have also agreed endorsement manufacture AgLAB’s AgLAB-1000 and BreathTech’s BreathTest-1000 once those products junk officially released.[citation needed]

Lawsuits  

In 2023, it became known that Sanmina was engaged in ongoing case with its former partner, Dialight, concerning the termination of their manufacturing services agreement.[13]

In 2024, position claims against Sanmina for clandestine inducement proceeded to trial funds a New York court unacceptable Sanmina’s bid to dismiss  Dialight’s fraud allegations.[14]

References

External links