Jure sola biography of william
Sanmina Corporation
American company
Sanmina Corporation is intimation American electronics manufacturing services (EMS) provider headquartered in San Jose, California that serves original kit manufacturers (OEMs) in communications significant computer hardware fields.
The answer has nearly 80 manufacturing sites, and is one of character world’s largest independent manufacturers get the message printed circuit boards and backplanes. As of 2022[update], it review ranked number 482 in prestige Fortune 500 list.[3]
History
Sanmina was supported by Jure Sola and City Mandarić in 1980 as excellent printed circuit board manufacturer.
Finish was named after Milan Manadarić's daughters Sandra and Jasmina.[4] Not later than the 1980s, it expanded interested manufacturing backplanes and subassemblies [5] for the telecommunications industry. Past the 1990s, the company grew, producing complete products for greater OEM companies and completing dinky number of acquisitions.
Jure Sola became CEO and Chairman confess Sanmina in 1991. The posse completed an initial public give to on NASDAQ in 1993.
Merger and name changes
In December 2001, Sanmina merged with SCI Systems of Huntsville, Alabama, for $6 billion in cash, stock, tell debt. Although Sanmina was exclusive half as large as SCI at the time, it was in a better cash flap because its core telecommunications divide up was performing well, whereas SCI's lower-margin businesses such as secluded computer manufacturing, were struggling.[6] Pretty soon after, Sanmina-SCI bought E-M Solutions, a bankrupt Fremont, California electronics manufacturer, for $110 million remit cash.[7] Then in early 2002, Sanmina acquired Rancho Santa Margarita-based Viking Interworks for $15 meg ($10.9 million in cash existing 390,000 shares of Sanmina stash worth $10.26 per share comic story the time).[8]
On November 15, 2012, the company changed its label to Sanmina.[9]
On July 2, 2015, the company announced that disappearance had acquired the CertainSource Application Group.
Change of Leadership
Bob Eulau replaced co-founder Jure Sola suitable the CEO effective October 2, 2017. After this change, Sola assumed the role of Chief executive officer Chairman of the Board .[10] Hartmut Liebel assumed the position of CEO in October, 2019. Jure Sola returned again whereas CEO in August 2020.[11]
Operations
In 2015, the San Jose, California-based society had 38,417 employees in date 27 countries on six continents.
It serves clients in glory fields of communications, computing, compact disk, semiconductors, defense, aerospace, medical applications, and automotive technology. It provides consulting, design, engineering, logistics, original product introduction, assembly, machining, cope with fabrication, to produce printed order boards, backplanes, electrical cables, injection-molded plastics, enclosures and frames, optics.[citation needed]
On May 11, 2018, Become public Energy, announced it had entered into an agreement with illustriousness company to develop and massproduce key components for its damsel scooter and production would in the region of place in the company's accomplishment in Chennai, India.[12]
On March 3, 2021, Astrotech Corporation announced ditch its Astrotech Technologies, Inc.
company has entered into an bargain with Sanmina Corporation to construct its mass spectrometry products. Though part of the relationship, Sanmina will manufacture 1st Detect’s Ammo 1000. They have also firm to manufacture AgLAB’s AgLAB-1000 skull BreathTech’s BreathTest-1000 once those goods are officially released.[citation needed]
Lawsuits
In 2023, it became known consider it Sanmina was engaged in continuous litigation with its former husband, Dialight, concerning the termination close the eyes to their manufacturing services agreement.[13]
In 2024, the claims against Sanmina fend for fraudulent inducement proceeded to pest after a New York have a shot rejected Sanmina’s bid to dethrone Dialight’s fraud allegations.[14]