July 7. 2008
Sanmina-SCI Corporation, a leading global Electronics Manufacturing Services (EMS) company, announced today that it has completed and closed the transition of its personal computing BTO/CTO operations and associated logistics services in Australia, Hungary, Mexico and the United States to Foxteq Holdings Inc. (“Foxteq”), a member of Foxconn Technology Group. This closing is in accordance with the Company’s previous press release on February 19, 2008 announcing the signing of a definitive agreement between Sanmina-SCI Corporation and Foxteq for the sale of certain assets of its personal computing business and associated logistics services.
Sanmina-SCI Chairman and Chief Executive Officer, Jure Sola commented “The closing of this deal signifies a new direction for the company and will allow us to more fully concentrate on our core strengths and targeted end markets. I want to thank our personal computing customers for supporting us and our employees for helping to make the transition as seamless as possible.”
Source: Sanmina-SCI
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