Solectron Corporation
Industry: Electronic Instr. & Controls

Solectron provides a full range of global manufacturing and supply-chain management services to the world's premier high-tech electronics companies. Solectron's offerings include new-product design and introduction services, materials management, high-tech product manufacturing, and product warranty and end-of-life support. Solectron, the first two-time winner of the Malcolm Baldrige National Quality Award, has a full range of industry-leading capabilities on five continents.

Business Summary
Solectron Corporation provides electronics supply chain services to original equipment manufacturers (OEMs) around the world. These companies contract with Solectron to build their products or to obtain services related to product design, manufacturing and post-manufacturing requirements. The Company primarily designs, builds and services products that carry the brand names of its customers. The customers include technology companies, such as Cisco Systems, Ericsson, Hewlett-Packard, IBM, Lucent Technologies, Motorola, NEC, Nortel Networks and Sun Microsystems.

Financial Summary
For the Fiscal Year ended 31 August 2005, Solectron Corporation's revenues decreased 10% to $10.44B. Net loss from continuing operations decreased 95% to $12M. Revenues reflect decreases in almost all end-markets, with the exception of the automotive end-market. Lower losses reflect improved gross margins, reduced selling, general, and administrative expenses, fewer restructuring and impairment charges, and lower average debt balances.