Lenovo buys assets at Sanmina to enter North American PC market

Sanmina-SCI Corp announced a sale of its PC business to Hong Kong’s Lenovo Group Ltd. Lenovo is considered to be the world’s fourth largest computer company by shipments. The non-binding agreement with California-based Sanmina will help Lenovo expand its businesses in Mexico and, subsequently, in the North American PC market.

Lenovo Group Limited is today the fourth largest personal computer manufacturer in the world, after Hewlett-Packard and Dell of the US, and Acer of Taiwan.

Lenovo produces desktop, laptop, servers, handheld computers, imaging equipment, and mobile phone handsets. Lenovo also provides information technology integration and support services, and its QDI unit offers contract manufacturing.

Its executive headquarters are located in Beijing, People's Republic of China and in Morrisville, North Carolina, USA. It is incorporated in Hong Kong.

Sanmina-SCI Corporation, is a global electronics manufacturing services (EMS) provider headquartered in San Jose, California that serves original equipment manufacturers in technology-related industries such as communications and computer hardware. Sanmina-SCI has nearly 80 manufacturing sites. The company is the world’s largest independent manufacturer of backplanes.

Today, the San Jose, CA based company has 41,000 employees in over 20 countries. It serves clients in the fields of communications, computing, multimedia, semiconductors, defense, aerospace, medical applications, and automotive technology. It provides "end-to-end" manufacturing services for these clients (including consulting, design, engineering, logistics, new product introduction, assembly, machining, and fabrication), to produce printed circuit boards, backplanes, cables, injection-molded plastics, enclosures and frames, optics, and computer memory.

It is ranked number 188 in the Fortune 500 list of the top 500 United States public corporations, and third only to Intel and Texas Instruments in the field of semiconductors.