Solectron

American electronics manufacturing company From Wikipedia, the free encyclopedia

Solectron

Solectron Corporation was an American electronics manufacturing company for original equipment manufacturers (OEMs). Solectron's first customer designed and distributed an electronic controller for solar energy equipment. The name "Solectron" was a portmanteau of the words "solar" and "electronics".[3]

Quick Facts Company type, Traded as ...
Solectron Corporation
Company typePublic company
NYSE: SLR
IndustryElectronics Manufacturing Services, product design and after sales services
Founded1977
Defunct2007
Fateliquidated by Flextronics[1]
SuccessorFlex Ltd.
ProductsConsumer Electronics, Routers, Switches, TVs
RevenueUS$10.56 billion (2006)[2]
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Solectron had sales of around $12 billion a year, and employed 70,000 people in 23 countries.[4] The company was acquired by Flex on October 15, 2007.[1]

History

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 founders Roy Kusumoto and Prabhat Jain saw a growing number of electronics companies in California's Silicon Valley. There was a need to provide printed circuit board assembly (PCBA) services, handling the manufacturing overflow from OEMs. Solectron aimed to provide high-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 product supply chain.[5]

In 2007, Flextronics announced they would buy Solectron for 3.6 billion dollars.[1]

References

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