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".[2]
Solectron had sales of around $12 billion a year, and employed 70,000 people in 23 countries.[3] The company was acquired by Flex on October 15, 2007.
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.[4]
In 2007, Flextronics announced it would buy Solectron for 3.6 billion dollars.[5]
References
- SLR – Solitario Resources Corporation – Google Finance^
- Industrial Automation^
- Solectron - The invisible multinational^
- Home transparentc.com^
- Flextronics Buys Solectron for $3.6 Billion CNBC, 2007-06-04, retrieved 2024-11-22^