Solectron Corporation

Headquarters in Milpitas, California
Company type	Public company
Traded as	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 Corporation was an American 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]

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]