Solectron
| Company type | Public |
|---|---|
| Industry | Electronics manufacturing services |
| Founded | 1977 |
| Founder | Roy Kusumoto, Prabhat Jain |
| Defunct | 2007-10-15 |
| Fate | Acquired by Flextronics |
Area served | Worldwide (23 countries) |
Number of employees | 70000 |
| Parent | Flextronics (from 2007) |
Solectron Corporation was a U.S.-based electronics manufacturing firm that catered to original equipment manufacturers (OEMs). The company's name, "Solectron," originated from its initial client who created an electronic controller for solar energy devices, combining the words "solar" and "electronics."
With annual revenues near $12 billion, Solectron employed approximately 70,000 individuals in 23 different countries. On October 15, 2007, the company was purchased by Flex.
History
Established in 1977 by Roy Kusumoto and Prabhat Jain, Solectron specialized in providing third-party outsourced manufacturing solutions. Focusing on the expanding electronics industry within California's Silicon Valley, the company concentrated on printed circuit board assembly (PCBA) to assist OEMs in managing excess production demands. Solectron’s mission was to enable technology firms to speed up their product manufacturing and distribution by delivering end-to-end supply chain management and assembly services.
In 2007, Flextronics completed a $3.6 billion acquisition of Solectron, strengthening its leadership position in the electronics manufacturing services sector.