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Sanmina-SCI completes sale of some assets

By Associated Press
July 7, 2008 | Comments (0)

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Electronics contract manufacturer Sanmina-SCI Corp. said Monday it completed the sale of some personal computing business operations and associated logistics services in Australia, Hungary, Mexico and the U.S. to Foxteq Holdings Inc.

Sanmina-SCI announced the sale in February. At the time, the company said it expected proceeds would be between $80 million and $90 million.

Sanmina-SCI said the deal allows it to focus on core business and targeted end markets.

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