Solectron

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Solectron Corporation
Company typePublic company
NYSE: SLR
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Fateliquidated by Flextronics[1]
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ProductsConsumer Electronics, Routers, Switches, TVs
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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]

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

  1. ↑ 1.0 1.1 1.2 "Flextronics Buys Solectron for $3.6 Billion". CNBC. Reuters. 2007-06-04. Retrieved 2024-11-22.
  2. ↑ SLR – Solitario Resources Corporation – Google Finance
  3. ↑ Industrial Automation
  4. ↑ "Solectron - The invisible multinational". Archived from the original on 2019-04-24.
  5. ↑ "Home". transparentc.com.

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