Sanmina Corporation

What Sanmina Corporation does

Sanmina Corporation is a Fortune 500 integrated electronics manufacturing services (EMS) provider founded in 1980 and headquartered in San Jose, California. The company delivers end-to-end design, engineering, prototyping, printed circuit board fabrication, PCBA assembly, backplane, cable, optical/RF/microelectronics, precision machining, enclosure, and systems integration services to OEMs across medical, communications networks, defense & aerospace, industrial, automotive, clean technology, computing & storage, and oil & gas verticals. It operates from roughly 70 manufacturing facilities in approximately 20 countries across six continents, employing approximately 39,000–40,000 people globally, and serves customers including Nokia, AMD, and tier-one avionics, medical device, automotive, and industrial OEMs through direct enterprise sales under multi-year contracts.

Its core technology stack combines vertically integrated component manufacturing with proprietary software and IP, including patented PCB technologies (Simultaneous Via Partitioning, Controlled Stub Length, Zero Stub Length), the 42Q cloud-based Manufacturing Execution System deployed across 70+ factories and connecting 35,000+ pieces of equipment, an ISO 13485 / FDA-registered medical quality management system with a 20+ year development history, and ITAR-compliant defense manufacturing through the SCI Technology subsidiary. With the October 2025 acquisition of ZT Systems from AMD for approximately $3 billion, Sanmina added rack-scale AI server manufacturing for hyperscalers and AMD-based AI platforms, while ongoing investments in the Reliance joint venture in India (49.9% stake, up to $221M committed), the Houston energy facility, and the Viking Edge AI appliance extend the platform into AI infrastructure and grid-scale energy hardware.

Sanmina makes money primarily through contract manufacturing services billed on a per-project basis under multi-year OEM agreements, with additional revenue from AI infrastructure hardware (post-ZT Systems), technology licensing (SVP/CSL PCB patents), and subscription-based 42Q MES software sold through the AWS Marketplace. Q2 FY2026 revenue was $4.01 billion, up 102% year-over-year, with ZT Systems contributing $1.88 billion, supporting raised full-year FY2026 guidance of $13.7–$14.3 billion and a path to $16 billion+ in FY2027. Q2 FY2026 non-GAAP operating margin reached 6.4% with $399 million of operating cash flow, and the board authorized a $600 million share repurchase program alongside results, reflecting a step-change in scale and profitability versus the FY2025 base of $8.1 billion in revenue.

Name

Sanmina Corporation

Legal name

Sanmina Corporation

Website

https://sanmina.com

Company type

Public

Founded year

1980

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Sanmina Corporation is a Fortune 500 electronics manufacturing services provider offering design, fabrication, assembly, and logistics solutions to OEMs across medical, communications, defense, industrial, automotive, and AI infrastructure sectors globally.

Ownership category

akta.pro rank

Product category

Electronics Manufacturing Services

NAICS

Other Communications Equipment Manufacturing (334290), Computer and Peripheral Equipment Manufacturing (33411), Electrical Equipment Manufacturing (33531), Electrical Equipment Manufacturing (3353)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Aircraft Parts & Auxiliary Equipment, Nec (3728), Electronic Components, Nec (3679)

akta.pro primary industry

PCB Assembly (PCBA/EMS) (HDAHAOAI)

akta.pro secondary industries

Ruggedized/Harsh-Environment Electronics Manufacturing (IP-rated, shock/vibration, wide-temp) (IMAGAGAF), Avionics Integration, Wiring Harnesses & Installation Kits (IMABAFAL), Aerospace Electrical Wiring Interconnect Systems (EWIS) & Harnesses (IMABANAD), Automotive ECUs/Control Modules & Embedded Electronics Manufacturing (IMACAJAC)

Keywords

• Electronics manufacturing services
• Contract electronics manufacturing
• PCB fabrication
• Medical device manufacturing
• AI server manufacturing

Headquarters

HQ city

San Jose

HQ country

United States

HQ region

North America

Offices13 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Electronics Manufacturing Services (EMS): Provides end-to-end design, manufacturing, logistics, and repair solutions for OEM customers across industrial, medical, defense/aerospace, automotive, and communications sectors. Revenue generated through component manufacturing, sub-assembly production, and complete system integration services.
2. AI Infrastructure Manufacturing: Following acquisition of ZT Systems, Sanmina generates significant revenue from manufacturing AI servers, racks, and data center infrastructure for hyperscalers including AMD-based platforms. Q2 FY26 revenue of $4.01 billion with ZT Systems contributing $1.88 billion.
3. Technology Licensing: Licensing of patents and intellectual property including SVP, CSL, and Zero Stub Length PCB technologies to other manufacturers
4. 42Q MES Software Services: Cloud-based Manufacturing Execution System offered as a software service to external manufacturers, achieving AWS Manufacturing and Industrial Competency certification

Pricing tiers

Go-to-market motion3 records

Distribution channels1 record

Marketing channels5 records

Core offering

Sanmina Corporation provides vertically integrated electronics manufacturing services (EMS) including product design, engineering, prototyping, PCB fabrication, PCB assembly, backplane manufacturing, precision machining, optical/RF/microelectronics, cable and enclosure fabrication, systems integration, supply chain management, logistics, and aftermarket repair. The company manufactures complex electronic, optical, and mechanical products on a contract basis for OEM customers across medical, communications, defense/aerospace, industrial, automotive, clean technology, and cloud/AI infrastructure verticals.

Product overview

Sanmina Corporation is a Fortune 500 integrated manufacturing solutions provider offering end-to-end design, manufacturing, logistics, and repair services for complex electronic, optical, and mechanical products. The portfolio includes the 42Q MES platform for cloud-based manufacturing execution, Sanmina 4.0 digital factory solutions, and Viking Enterprise Solutions for storage products. The company provides vertically integrated component manufacturing including PCBs, backplanes, cables, precision machining, optical/RF components, and enclosures. Industry-specific services cover medical systems (ISO 13485 certified), communications networks, defense & aerospace (via SCI Technology), industrial, automotive, clean technology, multimedia, and oil & gas sectors. Recent acquisitions include ZT Systems' data center infrastructure business from AMD, expanding AI and cloud infrastructure capabilities. Sub-brands include Viking Enterprise Solutions (storage), SCI Technology (defense/aerospace), and Advanced Micro Systems Technologies (optical/RF).

Differentiator

Problem solved

Functional benefit

Brands

• 42Q: Cloud-based Manufacturing Execution System (MES) division providing smart, connected manufacturing solutions
• Viking Enterprise Solutions
• SCI Technology
• Advanced Microsystems Technologies (AMST)

Products and services

• Medical Systems Manufacturing End-to-end design, manufacturing, and repair services for medical systems from ISO 13485 certified and FDA registered facilities, including blood diagnostics, ultrasound, CT scanners, MRI systems, patient monitors, and surgical robots.
• Communications Networks Manufacturing Design, manufacturing, and logistics services for advanced optical, networking, and wireless infrastructure including 4G/5G base stations, routers, switches, backhaul systems, high-speed optical and RF transceivers, PCBs, and backplanes for communications OEMs.
• Defense and Aerospace Manufacturing Design, manufacture, qualification, and support of mission-critical avionics, communications, encryption, mission control, guidance, radar, and night vision systems for military and commercial aviation, ground tactical, space-flight, and homeland security applications.
• Industrial Systems Manufacturing Contract manufacturing for complex industrial products including capital equipment, semiconductor tools, smart meters, EV chargers, power systems, 3D printers, ATMs, kiosks, gaming systems, mass transit systems, and clean technology products such as inverters and renewable energy enclosures.
• 42Q MES (Manufacturing Execution System) Cloud-based Manufacturing Execution System deployed across more than 70 factories in 15 countries, connecting over 35,000 pieces of manufacturing equipment to a unified data ecosystem with real-time analytics. Offered as a software service to external manufacturers via AWS Marketplace.
• Viking Edge AI Computational Storage Appliance Turnkey edge AI appliance combining storage and computational capabilities for edge AI deployment, eliminating the constraints of traditional cloud-based AI approaches.
• Sanmina 4.0 Digital Factory Solution Digital factory transformation solution enabling connected manufacturing across Sanmina's global footprint using Industry 4.0 principles, integrating design, prototyping, NPI, supply chain, manufacturing, fulfillment, and repair into unified digital workflows.
• Open Compute Project (OCP) Solutions Open standard rack and infrastructure solutions compliant with Open Compute Project specifications for hyperscale data center deployments.
• Printed Circuit Board (PCB) Fabrication High-technology PCB fabrication services including blind/buried vias, sequential lamination, hybrid materials, and backplane manufacturing up to 50+ layers, leveraging patented Simultaneous Via Partitioning (SVP), Controlled Stub Length (CSL), and Zero Stub Length technologies.
• Backplane Manufacturing High-speed backplane manufacturing with advanced materials, multiple depth back drilling, and thermal management solutions for communications, computing, and defense applications.
• Precision Machining Precision machined components for medical, industrial, semiconductor capital equipment, and defense applications using advanced alloys, plastics, and ceramics.
• Cable Systems Manufacturing Complex cable harnesses and interconnect system design and manufacturing for communications, defense, medical, and industrial applications using multiple cable technologies.
• Optical, RF and Microelectronics Advanced optical transceivers, RF and microwave components, and microelectronic packaging for communications, defense, and high-performance computing applications.

Quantifiable outcome

• Reduced inventory by $5M and converted $10M of fixed to variable cost for a tier one avionics company by outsourcing 200 high complexity PCBAs
• +3 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability4 records

Feature6 records

Partnerships

Six partnerships are on record, tiered minor and core.

• TensorWaveminorGTM or Marketing Partner · 1 March 2026Sanmina Corporation (Gold sponsor) participating in TensorWave's Beyond Summit AI infrastructure event in San Francisco, expanding on the inaugural Beyond CUDA event to reflect industry's shift toward open, vendor-agnostic AI compute solutions.
• KONČAR – Electrical Industry Inc.minorStrategic or Co-development Partner · 1 December 2025Cooperation agreement to jointly develop customized medium-voltage transformers and explore further collaboration opportunities in the U.S. market. Sanmina announced expansion of its energy business through a new manufacturing facility in Houston, Texas, with Končar providing transformer design and manufacturing expertise.
• AMDcoreStrategic or Co-development Partner · 1 October 2025AMD completed divestiture of its ZT Systems data center infrastructure manufacturing business to Sanmina for approximately $3 billion. Sanmina was also selected as AMD's manufacturing partner for AI rack-scale solutions including the Helios platform. AMD is investing over $10 billion in Taiwan ecosystem with Sanmina as one of the ODM partners building AMD-based AI systems.
• NokiacoreOEM/ Whitelabel/ Licensing Partner · 1 September 2023Nokia became the first telecom company to announce manufacturing of fiber-optic broadband network electronics products and optical modules in the U.S. for the BEAD program, with Sanmina as manufacturing partner at Pleasant Prairie, Wisconsin facility.
• Amazon Web Services (AWS)coreTechnology or Integration · 1 May 202242Q, a Sanmina division, achieved AWS Manufacturing and Industrial Competency and launched 42Q Cloud Manufacturing Solution in AWS Marketplace, enabling digital factory transformation for manufacturers.
• Reliance Industries LimitedcoreStrategic or Co-development Partner · 1 March 2022Joint venture between Sanmina and Reliance Industries to establish a world-class electronic manufacturing hub in India aligned with the Make in India initiative. Structure: Reliance subsidiary holds 50.1% equity stake while Sanmina retains 49.9%, with investment of up to $221 million targeting high-technology infrastructure hardware including 5G, cloud infrastructure, hyperscale datacenters, and medical, industrial, and defense applications. Manufacturing to initially operate at Sanmina's 100-acre Chennai campus.

Scale indicators14 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Flex Ltd. One of the largest global EMS providers with similar end-to-end design, manufacturing, and logistics services across multiple verticals. Closely comparable in scale, vertical integration, and customer base (Fortune 500 OEMs in industrial, healthcare, automotive, and communications).
• Jabil Inc. Global EMS and design services competitor with comparable vertical integration (PCBA, machining, plastics, systems assembly) and similar exposure to communications, automotive, healthcare, and emerging cloud/AI infrastructure customers.
• Celestica Inc. Design and manufacturing services provider with strong overlap in communications, aerospace/defense, and hyperscale data center (CCS segment). Comparable in serving hyperscaler customers with ODM/EMS solutions.
• Benchmark Electronics, Inc. Mid-sized EMS provider focused on complex, high-mix programs in aerospace/defense, medical, and industrial — overlapping directly with Sanmina's regulated vertical mix at a smaller scale.
• Plexus Corp. EMS competitor focused on mid-to-low volume, high-complexity products in healthcare/life sciences, industrial, and aerospace/defense. Closely comparable customer profile and regulatory certifications.
• Fabrinet: Specialized EMS provider with deep optical and complex manufacturing capabilities serving communications and networking OEMs — directly comparable to Sanmina's optical/RF/microelectronics and communications network business.

Broad incumbents

• Foxconn (Hon Hai Precision Industry Co.): The world's largest EMS provider with dominant share in server, AI infrastructure, and consumer electronics manufacturing. A broader incumbent whose scale and customer relationships (including Nvidia-related work) set the competitive ceiling for AI server EMS economics.
• Quanta Computer Inc. Leading ODM for cloud servers, AI infrastructure, and notebook computers. Direct overlap with Sanmina's hyperscale ambitions and a key competitor for AI rack-scale programs at major cloud customers.
• Wistron Corporation: Major ODM/EMS competitor with strong positions in servers, AI infrastructure, and computing devices. Direct overlap with Sanmina's hyperscaler aspirations and a meaningful participant in the same AMD/AI ecosystem.

Regional players

• Venture Corporation Limited: Singapore-based EMS provider serving similar end-markets (industrial, medical, networking) primarily across Asia. Comparable technology platform and customer mix but geographically distinct from Sanmina's Western customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Sanminacorp
• LinkedInlinkedin.com/company/sanmina

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sanmina Corporation