Sanmina Corporation (NASDAQ:SANM) Q4 2023 Earnings Call Transcript

Jure Sola: Well, it all depends how market turns. If demand is there — first of all, we have capabilities and capacity to grow. So that’s not an issue. And we are positioning the company — we’ve been positioning the company for last 1.5 years to grow. That’s why I just said it earlier, we had a major expansion for us. As you know, we don’t throw money around unless we’re going to grow, and we spend over — we’re actually spending right now. We’re just finishing expansion in Thailand. We spend in Mexico for the growth of the projects that we want and the customers that will have a growth. So we’re optimistic, and we — that the second half will be better. It’s hard for me to — with all the stuff going on around the world, Christian, I think a smart thing for us is what I say our internal people.

We only control what we can control is we can control what we do every day. So we’re going to continuously stay on top of things that care of our customers but be aggressive as the demand comes back.

Operator: [Operator Instructions] Showing no further questions at this time.

Jure Sola: Well, ladies and gentlemen, again, thanks for your time, and I appreciate your patience with us. Again, we’re excited about our future, and if we didn’t answer any of your questions, please get back to us. With that, thank you, and we’ll talk to you 3 months from now, I guess. Bye-bye.

Kurt Adzema: Thank you.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.