| Sanmina-SCI Reports Q3 Revenue Up 13.7% YoY |
|
|
| Wednesday, 23 July 2008 11:58 | |||
|
SAN JOSE – EMS provider Sanmina-SCI Corp. today reported fiscal third-quarter revenue of $1.9 billion, up 4.7% sequentially and 13.7% year-over-year. Net income for the quarter was $12 million, compared to a net loss of $42.2 million in the same period a year ago. The company completed the sale of the remaining assets of its personal computing business and associated logistics services in two transactions that closed on June 2 and July 7, respectively. "I am pleased with our third quarter results, which mark the fourth consecutive quarter of improved profitability. With the completion of the sale of our personal computing business and our restructuring initiatives largely behind us, I believe we will be able to sustain our financial improvements despite the challenging economic environment," stated Jure Sola, chairman and CEO of Sanmina. The firm expects fourth-quarter revenue in the range of $1.8 billion to $1.9 billion.
|
|||
| Last Updated on Wednesday, 23 July 2008 11:59 |
Columns
| What’s Driving Electronics Packaging and Assembly Trends? |
Multi-die configurations and a switch to copper wires are rampant, and supercomputers are why. |
| Read more... |
| Bridging at Reflow |
What causes it, and can it be eliminated? |
| Read more... |
Features
| Current Trends in Conformal Coatings |
Custom formulations have become the norm. |
| Read more... |
| The Worldwide Industrial Electronics Assembly Markets Defined |
Test, clean energy and process control represent huge potential for EMS. |
| Read more... |
Products
Corelis Releases ScanExpress v. 7.7 Boundary Scan Suite
ScanExpress version 7.7 boundary scan tool suite includes improved constraints handling, support for multi-core devices, and new JTAG Embedded Test support for additional Freescale and Texas...
ScanExpress version 7.7 boundary scan tool suite includes improved constraints handling, support for multi-core devices, and new JTAG Embedded Test support for additional Freescale and Texas...


