Sanmina Reports Financial Results for Fiscal Q3 2022 and Outlook for Q4 2022
SAN JOSE, Calif. — Sanmina Corporation, a leading integrated manufacturing solutions company, reported financial results for the fiscal third quarter ended July 2, 2022 and outlook for its fiscal fourth quarter ending October 1, 2022. Third Quarter Fiscal 2022 Financial Highlights Revenue: $2.02 billion GAAP operating margin: 4.7% GAAP diluted EPS: $1.29 Non-GAAP(1) operating margin: 5.5% […]
Global Semiconductor Sales Increase 13.3% in Q2 2022 Compared to Q2 2021
Worldwide sales for June decrease 1.9% month-to-month WASHINGTON—The Semiconductor Industry Association (SIA) announced worldwide sales of semiconductors totaled $152.5 billion during the second quarter of 2022, an increase of 13.3% over the second quarter of 2021 and 0.5% more than the first quarter of 2022. Global sales for the month of June 2022 were $50.8 […]
Worldwide Tablet Shipments Post Flat Growth in Q2 2022 While Chromebooks Experience a Sharp Decline, According to IDC
NEEDHAM, Mass.– Worldwide tablet shipments reached 40.5 million units during the second quarter of 2022 (2Q22), posting year-over-year growth of 0.15%, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. Smoother deployments into education projects and several promotional sales, such as the “618” online promotion days in China and […]
July U.S. Manufacturing PMI Registers 52.8%, down slightly from June.
The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee: “The July Manufacturing PMI® registered 52.8 percent, down 0.2 percentage point from the reading of 53 percent in June. This figure indicates expansion in the overall economy for the 26th month in […]
What is a manufacturing agreement and why should you care?
When you have spent a long time designing a product, understandably you want to see that product come to life as quickly as possible. But jumping too quickly into a partnership is ill-advised. This blog post from JJS Manufacturing explains why.