Hyve Solutions Expands US Manufacturing Capabilities with New SMT Lines

Rhea-AI Summary

Hyve Solutions launches new Surface Mount Technology (SMT) lines to expand US manufacturing capabilities and enhance Secure Supply Chain commitment

Positive

• Expansion of US manufacturing capabilities increases production capacity and reduces lead times
• Investment in automated technologies and inspection processes improves efficiency and quality of motherboards
• Increased PCBA capacity and reduced manufacturing cycle times result in cost-competitive solution

Negative

• None.

Move underscores company’s Secure Supply Chain commitment while increasing production capacity

FREMONT, Calif.--(BUSINESS WIRE)-- Hyve Solutions Corporation, a wholly owned subsidiary of TD SYNNEX Corporation (NYSE: SNX) and a leading provider of hyperscale digital infrastructures, today announced the launch of new Surface Mount Technology (SMT) lines that expand its US manufacturing capabilities. This expansion bolsters Hyve’s ongoing commitment in providing customers with a Secure Supply Chain through locally-optimized efficiencies and lead time reductions.

US manufacturing of secure root of trust (RoT) cards, security modules and other Trusted Platform devices, including main system boards, have become a strategic priority for the United States and its allies. Ensuring the security of the supply chain is critical for the public cloud and those who use it, particularly Federal Defense and Intelligence agencies and companies that require a high degree of supply chain security.

The new SMT lines are equipped with the latest automated technologies and inspection processes, allowing Hyve to produce custom-built, high-quality motherboards in the US while simultaneously reducing lead times associated with complex system boards. The combination of the newest, most efficient equipment coupled with the latest robotic and inspection automation results in increased PCBA capacity and reduced manufacturing cycle times, while maintaining a highly cost-competitive solution.

“Expanding our in-country manufacturing capabilities underscores our commitment to better serve our customers,” said Steve Ichinaga, President, Hyve Solutions. “This investment leads to increased production capacity and streamlined operations with a focus on secure supply chain, increasing our ability to respond more quickly to changing market and customer demands.”

As a fully vertical integrated partner, the new US-based SMT operation is just the latest in a series of investments made by Hyve, reinforcing its dedication to providing the best-in-class design to worldwide deployment of custom-built data centers.

“The opening of this SMT operation bolsters our Secure Supply Chain strategy,” said Sarah Lin, VP of Supply Chain, Hyve Solutions. “This investment in US-based fully automated lines tightens the supply chain and cuts lead times while providing best-in-class secure supply chain benefits to our customers.”

About Hyve Solutions Corporation

Hyve Solutions Corporation is a leader in the design to worldwide deployment of hyperscale digital infrastructures. In partnership with customers, Hyve leverages deep-seated industry experience and strong vendor partnerships to design and deliver purpose-built server, storage, and networking solutions to meet datacenter demands for today and beyond. Hyve Solutions is a wholly owned subsidiary of TD SYNNEX Corporation (NYSE: SNX). For more information about Hyve Solutions, visit hyvesolutions.com, email sales@hyvesolutions.com or call (855) 869-6973.

About TD SYNNEX Corporation

TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the IT ecosystem. We’re an innovative partner helping more than 150,000 customers in 100+ countries to maximize the value of technology investments, demonstrate business outcomes and unlock growth opportunities. Headquartered in Clearwater, Florida, and Fremont, California, TD SYNNEX’s 23,500 co-workers are dedicated to uniting compelling IT products, services and solutions from 1,500+ best-in-class technology vendors. Our edge-to-cloud portfolio is anchored in some of the highest-growth technology segments including cloud, cybersecurity, big data/analytics, AI, IoT, mobility and everything as a service. TD SYNNEX is committed to serving customers and communities, and we believe we can have a positive impact on our people and our planet, intentionally acting as a respected corporate citizen. We aspire to be a diverse and inclusive employer of choice for talent across the IT ecosystem. For more information, visit www.TDSYNNEX.com or follow us on LinkedIn, Facebook and Instagram.

Safe Harbor Statement

Statements in this news release that are forward-looking, such as features and capabilities of products and services, security product offering expansion, technology trends, and general success of collaborations, involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to be materially different from any future performance that may be suggested in this release. The Company assumes no obligation to update any forward-looking statements contained in this release.

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Statements in this news release that are forward-looking, such as features and capabilities of products and services, security product offering expansion, technology trends, and general success of collaborations, involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to be materially different from any future performance that may be suggested in this release. The Company assumes no obligation to update any forward-looking statements contained in this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230920827347/en/

Bill Fox

Hughes Agency

For TD SYNNEX Corporation

(864) 271-0718

billf@hughes-agency.com

Source: TD SYNNEX