Solectron Corporation
TypePublic company
NYSE: SLR
IndustryElectronics Manufacturing Services, product design and after sales services
Founded1977
Defunct2007
FatePurchased by Flextronics
SuccessorFlex
ProductsConsumer Electronics, Routers, Switches, TVs
RevenueUS$10.56 billion (2006)[1]

Solectron Corporation was an American electronics manufacturing company for original equipment manufacturers (OEMs). It was the first electronics manufacturing services (EMS) industry in 1977. 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.[4]

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]

Management succession

Michael R. Cannon was named president and chief executive officer in January 2003.[6]

References

  1. ↑ SLR – Solitario Resources Corporation – Google Finance
  2. ↑ Industrial Automation
  3. ↑ "Solectron - The invisible multinational". Archived from the original on 2019-04-24.
  4. ↑ "Flextronics Buys Solectron for $3.6 Billion". CNBC. Reuters. 2007-06-04. Retrieved 2017-06-01.
  5. ↑ "Home". transparentc.com.
  6. ↑ Michael R. Cannon
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