Note 1 - Nature of the Business |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2017 | |||
| Notes to Financial Statements | |||
| Business Description and Basis of Presentation [Text Block] |
SMTC Corporation (the “Company”) is a provider of end-to-end electronics manufacturing services, or EMS, including product design and sustaining engineering services, printed circuit board assembly, or PCBA, production, enclosure fabrication, cable assembly, systems integration and comprehensive testing services, configuration to order, build to order and direct order fulfilment. SMTC facilities span a broad footprint in the United States, Mexico, and China, with approximately 1,171 employees of which 1,110 are full-time employees. SMTC’s services extend over the entire electronic product life cycle from the development and introduction of new products through to growth, maturity and end of life phases. SMTC offers fully integrated contract manufacturing services to global original equipment manufacturers, or OEMs, and technology companies primarily within the industrial, computing and communications, power and energy and medical market segments. In addition, the Company operates an international sourcing and procurement office in Hong Kong. The Company
’s financial reporting year is a
52 or 53 week fiscal period, ending on the Sunday nearest December 31. Accordingly, the consolidated statements of operations and comprehensive loss, the consolidated statements of changes in shareholders’ equity, and consolidated statements of cash flows are reported for the periods from January 2, 2017 to December 31, 2017 ( “year ended December 31, 2017”),
January 4, 2016 to January 1, 2017 ( “year ended January 1, 2017”), and December 29, 2014 to January 3, 2016 ( “year ended January 3, 2016”).
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