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Headquarters inMilpitas, California | |
| Company type | Public company |
|---|---|
| NYSE: SLR | |
| Industry | Electronics Manufacturing Services, product design and after sales services |
| Founded | 1977 |
| Defunct | 2007 |
| Fate | liquidated by Flextronics[1] |
| Successor | Flex Ltd. |
| Products | Consumer Electronics, Routers, Switches, TVs |
| Revenue | US$10.56 billion (2006)[2] |
Solectron Corporation was an American electronics manufacturing company fororiginal equipment manufacturers (OEMs). Solectron's first customer designed and distributed an electronic controller forsolar energy equipment. The name "Solectron" was aportmanteau of the words "solar" and "electronics".[3]
Solectron had sales of around $12 billion a year, and employed 70,000 people in 23 countries.[4] The company was acquired byFlex on October 15, 2007.[1]
Solectron was established in 1977 to provide outsourced manufacturing services to third parties. It was a major manufacturer, but you would have not found its name on any products. Solectron foundersRoy Kusumoto and Prabhat Jain saw a growing number of electronics companies in California'sSilicon Valley. There was a need to provideprinted circuit board assembly (PCBA) services, handling the manufacturing overflow from OEMs. Solectron aimed to providehigh-tech companies the ability for their products to be produced and delivered more quickly and efficiently than their competition, and believed that their customers needed a greater level of service for assembly and manufacture of printed circuit boards, cellular phones, along the entire productsupply chain.[5]
In 2007,Flextronics announced they would buy Solectron for 3.6 billion dollars.[1]