STOCK TITAN

Sanmina Strengthens Focus on Extensive Optical, RF and Microelectronics Capabilities

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Sanmina Corporation (NASDAQ: SANM) announced on Sept. 21, 2021, the creation of a new brand, Advanced Micro Systems Technologies (AMST), to enhance its focus on optical, radio frequency (RF), and microelectronics design and manufacturing capabilities. Leveraging 15 years of experience, AMST aims to meet growing demand across multiple sectors including communications and 5G. The division provides integrated solutions, including design and manufacturing services, aimed at high-value markets globally. Sanmina's commitment includes strategic investments to further support customer growth in these rapidly evolving areas.

Positive
  • Launch of Advanced Micro Systems Technologies (AMST) brand to enhance focus on optical, RF, and microelectronics.
  • 15 years of experience in mixed technology design and assembly services.
  • End-to-end solutions cater to high-growth sectors including communications and 5G.
  • Strong history of vertical integration expertise.
  • Global manufacturing capabilities across the US, Canada, Mexico, China, and Thailand.
Negative
  • None.

SAN JOSE, Calif., Sept. 21, 2021 /PRNewswire/ -- Sanmina Corporation (NASDAQ: SANM), a leading integrated manufacturing solutions company that manufactures some of the world's most complex and innovative electronic and optical products, today announced that it is strengthening its focus on its extensive optical, radio frequency (RF) and microelectronics (microE) design and manufacturing capabilities to capitalize on growing demand for highly-integrated technology products. The division has been formalized under a new brand called Advanced Micro Systems Technologies (AMST) and leverages more than 15 years of experience providing mixed technology design and assembly services and best-in-class manufacturing solutions. AMST offers end-to-end solutions to high growth, high value markets, including the communications, 5G, computing, datacenter, medical, automotive and industrial sectors, as demand for highly-integrated technology products continues to grow.

Increased speed and performance requirements are driving technology needs for integration that pack highly complex, high speed, mixed technology solutions into dramatically smaller form factors. AMST utilizes Sanmina's strong history of vertical integration expertise and provides end-to-end services to Original Equipment Manufacturers and component suppliers including design, simulation, process and test development, prototyping, design validation, product qualification and manufacturing across its global footprint.

"We're very excited to strengthen our focus under the new AMST name," said Eric Sislian, VP of the AMST division at Sanmina. "Integrating our leading optical, RF and microE capabilities into a cohesive ecosystem and leveraging our strengths in design, engineering and advanced global manufacturing into a comprehensive end-to-end service offering enables us to develop compelling technology roadmaps that help our customers win in their respective markets."

Sanmina has a strong history of developing mixed technology products, integrating RF and optical technologies that utilize its microelectronic design and assembly capabilities. Extensive packaging expertise enables solutions in customer and industry defined footprints – from microelectronic packages, to small form factor subsystems and board level solutions.

"AMST is well positioned to support growing industry demand for silicon photonics, 5G mmWave and multi-chip packaging solutions that integrate optical, RF and mixed-signal technologies in high-density form factors," said Mike Landy, President and COO of IMS Worldwide at Sanmina. "It represents the culmination of more than 15 years of experience developing product and process solutions and we will continue making strategic investments in this area to support customer growth."

The AMST division has product development and high-volume manufacturing capabilities across the United States, Canada, Mexico, China and Thailand.

About Sanmina
Sanmina Corporation, a Fortune 500 company is a leading integrated manufacturing solutions provider serving the fastest growing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology leader, Sanmina provides end-to-end manufacturing solutions, delivering superior quality and support to Original Equipment Manufacturers (OEMs) primarily in the communications networks, cloud solutions, industrial, defense, medical and automotive. Sanmina has facilities strategically located in key regions throughout the world. More information about the Company is available at www.sanmina.com.

Sanmina Safe Harbor Statement

The foregoing, including the discussion regarding the Company's future prospects, contains certain forward-looking statements that involve risks and uncertainties, including uncertainties associated with economic conditions in the electronics industry, particularly in the principal industry sectors served by the Company, changes in customer requirements and in the volume of sales principal customers, the ability of Sanmina to effectively assimilate acquired businesses and achieve the anticipated benefits of its acquisitions, and competition and technological change. The Company's actual results of operations may differ significantly from those contemplated by such forward-looking statements as a result of these and other factors, including factors set forth in our Company's Annual and quarterly reports filed with the Securities Exchange Commission.

Logo: https://mma.prnewswire.com/media/10544/SANMINA_CORPORATION_LOGO.jpg

Cision View original content:https://www.prnewswire.com/news-releases/sanmina-strengthens-focus-on-extensive-optical-rf-and-microelectronics-capabilities-301381321.html

SOURCE Sanmina Corporation

FAQ

What is the new brand launched by Sanmina?

Sanmina has launched a new brand called Advanced Micro Systems Technologies (AMST) to focus on optical, RF, and microelectronics capabilities.

When was the press release about Sanmina's new brand issued?

The press release was issued on September 21, 2021.

What sectors does AMST aim to serve?

AMST aims to serve various sectors including communications, 5G, computing, datacenters, medical, automotive, and industrial.

What capabilities does AMST offer?

AMST offers end-to-end solutions including design, simulation, development, validation, and manufacturing.

How long has Sanmina been providing design and assembly services?

Sanmina has over 15 years of experience in mixed technology design and assembly services.

Sanmina Corp

NASDAQ:SANM

SANM Rankings

SANM Latest News

SANM Stock Data

4.20B
54.65M
3.12%
100.27%
3.68%
Electronic Components
Printed Circuit Boards
Link
United States of America
SAN JOSE