Solectron Corporation was an electronics manufacturing company for original equipment manufacturers (OEMs). It was the first electronics manufacturing services (EMS) industry in 1977.[citation needed] 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]
 | |
 Headquarters in Milpitas, California | |
| Type | Public company |
|---|---|
| NYSE: SLR | |
| Industry | Electronics Manufacturing Services, product design and after sales services |
| Founded | 1977 |
| Defunct | 2007 |
| Fate | Purchased by Flextronics |
| Successor | Flex |
| Products | Consumer Electronics, Routers, Switches, TVs |
| Revenue | US$10.56 billion (2006)[1] |
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 Edit
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 Edit
Michael R. Cannon was named president and chief executive officer in January 2003.[6]
References Edit
- ^ SLR – Solitario Resources Corporation – Google Finance
- ^ Industrial Automation
- ^ "Solectron - The invisible multinational". Archived from the original on 2019-04-24.
- ^ Reuters (2007-06-04). "Flextronics Buys Solectron for $3.6 Billion". CNBC. Retrieved 2017-06-01.
{{cite news}}:|last=has generic name (help) - ^ "Home". transparentc.com.
- ^ Michael R. Cannon
