Sanmina Corporation (SANM) Bank of America 2026 Global Technology Conference June 3, 2026 1:00 PM EDT
Company Participants
Jonathan Faust – Executive VP & CFO
Conference Call Participants
Ruplu Bhattacharya – BofA Securities, Research Division
Presentation
Ruplu Bhattacharya
BofA Securities, Research Division
Thanks for joining us on day 2 of our Global Technology Conference. My name is Ruplu Bhattacharya and I’m with the IT, hardware and electronics manufacturing services equity research team at Bank of America. Today, we’re honored to have Jon Faust, the CFO of Sanmina Corporation. Jon has been with Sanmina since 2023, but he has over 20 years of experience with another company that we cover, HP and various branches of HP. So he’s got lots of industry experience, and we’ve got lots to talk about. So Jon, thanks for coming.
Jonathan Faust
Executive VP & CFO
Yes. Thanks for having me, Ruplu. Good to see you, as always.
Question-and-Answer Session
Ruplu Bhattacharya
BofA Securities, Research Division
All right. Great. So I want to talk about — I want to start with something that’s on everybody’s minds, and that is ZT Systems. So if I remember from the last earnings call, you showed us a slide that showed the evolution of ZT Systems in 3 stages. So can you kind of remind us of that, where does ZT stand right now in terms of qualification and testing and how do you see its evolution progressing over the next quarter or 2 quarters?
Jonathan Faust
Executive VP & CFO
Yes, absolutely. So whenever you do a deal like the deal with ZT or an acquisition and — it’s very important to have a well-thought-out strategy or just a plan effectively of how you make the investment thesis successful, right? What you want to do with the business exactly. So to your point, what we tried to
