Sanmina Reports Q2 Net Down, Sales Up Print E-mail
User Rating: / 0
PoorBest 
Written by Philip Buonpastore   
Friday, 25 April 2008 11:17
SAN JOSE, CA – Sanmina-SCI Corp. reported a net second-quarter loss, as it reportedly continues to move toward lean manufacturing and increased efficiency to reduce costs.

The company reported a quarterly net loss of $24.4 million as compared to a net loss of $26.1 million for the same period last year.

However, second quarter net sales grew 1.6% to $1.82 billion from $1.79 billion year-over-year.

"We did turn a corner," company chairman and CEO Jure Sola said during a conference call on Wednesday. "We know that this is still a very challenging business, but we are optimistic about the future."

Sola also said that market opportunities in the PCB business are improving, and that the company aims to increase its market share globally, and that it remains committed to improving operating performance.


blog comments powered by Disqus
Last Updated on Friday, 25 April 2008 11:47
 

Products

Sensor Products Introduces Tactilus Heat-Sink Analysis System
Tactilus heat-sink analysis system enables test and correction of surface contact and pressure distribution between the heat sink and its source. Can visualize actual contact forces and pressure distribution data on the components. As mounting screws between the CPU and the heat sink are torqued, it maps and measures the changing pressure distribution between the mating surfaces and displays it. Can be tested, manipulated, and repositioned in real-time. Provides pressure data needed for FEA simulation predictions. Is 0.015" thick; can be placed between the CPU and heat sink without affecting...

Search

Search

Login

CB Login

Language

Language

English French German Italian Portuguese Russian Spanish
 

Features

EMS’ Rude Awakening
Can high-mix, low-volume production succeed in China? You bet. In the 1970s, if you set up a contract manufacturing shop in a good location, customers eventually would walk through the doors. In the real world, things quickly changed for American companies, as OEMs, driven by maximizing shareholder value, searched for cheaper sources offshore. The first options were Hong Kong, Malaysia and Singapore. After prices increased in these countries, greener pastures were found in China....

Current Issue

June 2010 cover

Parts


Find and quote components




Powered by


Terms Of Use

Printed Circuit Design & Fab Magazine on Facebook