Key Takeaways Sanmina delivers advanced automotive electronics, from ECUs to LED lighting and climate modules.The company supports EV growth with power management, battery subsystems and charging systems.Partnerships with OEMs like Ather Energy enhance Sanmina's role in smart and connected vehicles.Sanmina Corporation (SANM) is a key provider in the automotive electronics sector, delivering advanced designs, manufacturing, testing and supply chain solutions to global original equipment manufacturers (OEMs) ...

Fourth-quarter gross margin was 36.3% , down from 40.6% a year earlier. Ragen attributed the decline mainly to unfavorable sales mix and a $15.6 million net inventory provision related to the settlement of a supplier contract dispute for a discontinued product, along with higher input costs and lower manufacturing absorption that were mostly offset by price realization.CFO York Ragen reported fourth-quarter net sales decreased 12% year over year to $1.1 billion . Residential product sales fell 23% to $572 m ...