UT Sloan plans Outsourcing manufacturing Business

U.S. Eastern Time January 27 8:00 (Beijing time January 27 21:00) News, UT Starkon announced today, has chosen to be located in San Jose, California, Sanmina Company for outsourced electronic manufacturing service providers.　　The move is consistent with UT's recently announced restructuring and cost-cutting plans. According to the agreement reached by the two sides, Sanmina will provide complete electronic manufacturing service for UT's system products, which are currently manufactured in Hangzhou factory. Sanmina offers services including NPI support, material sourcing, printed circuit board assembly, system integration and testing, final packaging and release.　　This cooperation agreement will enhance UT's ability to respond to demand fluctuations, and a flexible cost structure can also meet the order quantity of UT, accelerate the cash flow cycle and reduce the use of circulating capital. "As we mentioned in a public conference call in June 2009 and November, UT is taking steps to change the way it operates," said Zhengmin, vice president of the UT Global supply chain. The new partnership with Sanmina will help UT to continue to release quality products and improve manufacturing efficiency.　　"By outsourcing the manufacturing business, UT can not only improve the company's asset utilization, but also broaden the company's supply chain." PK Chan, executive vice president of Sanmina Greater China, said: "We are delighted that UT has chosen Sanmina as an electronic manufacturing service provider." This strategic partnership allows us to grow in the market for networked devices in the eastern part of China. "(D-Gold)