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Information about Flextronics



Flextronics International Ltd.
Public
NASDAQ: FLEX
Founded1990
HeadquartersSingapore
Key peopleMike McNamara, CEO
IndustryElectronics Manufacturing Services
Websitewww.flextronics.com
Flextronics International Ltd. (Flextronics) is a contract electronics maker which provides electronics manufacturing facilities to original equipment manufacturers (OEM). It also provides supporting supply chain services, including packaging and transportation throughout the world, as well as design and after-sales.

The company operates within several fields including computing, consumer and industrial fields, automotive and medicine.

Flextronics have manufacturing operations in over 30 countries, totalling approximately 15.8 million square feet (as of March 2006).

On 4th June 2007, Flextronics offered to purchase Solectron for US3.6b and thus making Solectron a subsidiary of Flextronics.

Flextronics has the contract from Microsoft to build the Zune[1].

History

  • 1969 - Founded in Silicon Valley as Flextronics Inc by Joe McKenzie.
  • 1980 - Sold to Bob Todd, Joe Sullivan, and Jack Watts as the new owners. Todd became CEO.
  • 1981 - Becomes the first U.S. manufacturer to go offshore by setting up a manufacturing facility in Singapore.
  • 1987 - Went public.
  • 1990 - Return to private in a leveraged buyout and is reorganized as Flextronics International Ltd., with Singapore as its new base.
  • 1994 - Went public for the second time. Michael Marks became CEO in January 1994.
  • 1996 - Closed its contract electronic manufacturing plant in Richardson, Texas. Acquired two companies in Hong Kong - the Astron Group and FICO Plastics Ltd. and the Ericsson Business Networks production facility in Karlskrona, Sweden
  • 1998 - Annual revenue surpasses $1 billion in fiscal 1998 ending March 31, 1998.
  • 2000 - Ranked third on Industry Week's list of '100 Best-Managed Companies.

External links



References

1. ^ [1]
A public company usually refers to a company that is permitted to offer its securities (stock, bonds, etc.) for sale to the general public, typically through a stock exchange.
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The NASDAQ (acronym for National Association of Securities Dealers Automated Quotations system) is an American stock market.
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20th century - 21st century
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1987 1988 1989 - 1990 - 1991 1992 1993

Year 1990 (MCMXC) was a common year starting on Monday (link displays the 1990 Gregorian calendar).
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Chief Executive Officer (CEO), or chief executive, is the highest-ranking corporate officer, administrator, corporate administrator, executive, or executive officer, in charge of total management of a corporation, company, organization or agency.
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Industry (from Latin industrius, "diligent, industrious"), is the segment of economy concerned with production of goods. Industry began in its present form during the 1800s, aided by technological advances, and it has continued to develop to this day.
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Electronic manufacturing services (EMS) is term used for companies that design, test, manufacture, distribute and provide return/repair services for electronic component and assemblies for original equipment manufacturers (OEMs).
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A website (alternatively, Web site or web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN.
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Original equipment manufacturer, or OEM, is a term that refers to containment-based re-branding, namely where one company uses a component of another company within its product, or sells the product of another company under its own brand.
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20th century - 21st century - 22nd century
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Solectron Corporation

Public
NYSE:  SLR
Founded 1977
Headquarters Milpitas, California, USA

Key people Paul Tufano, Interim CEO
Industry Electronics Manufacturing Services, product design and after sales services
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Microsoft Corporation

Public (NASDAQ:  MSFT )
Founded Albuquerque, New Mexico, USA (April 4 1975)[1]
Headquarters Redmond, Washington, United States

Key people Bill Gates, Co-founder and Executive Chairman ;
Paul Allen, Co-founder ;
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Zune is the name of a brand of digital music products and services sold by Microsoft. It includes digital audio players and client software incorporating an online music store which includes DRM-free mp3s as well as protected songs.
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computing is synonymous with counting and calculating. Originally, people that performed these functions were known as computers. Today it refers to a science and technology that deals with the computation and the manipulation of symbols.
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A cellular network is a radio network made up of a number of radio cells (or just cells) each served by a fixed transmitter, known as a cell site or base station.
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High Tech Computer

Public (TSEC: 2498 )
Founded 1997
Headquarters Taoyuan, Taiwan

Key people Cher Wang (Chairman), Peter Chou (CEO), Fred Liu (COO)
Industry Telecommunications
Revenue $2.
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Motorola Inc.

Public (NYSE: MOT )
Founded 1928
Headquarters Schaumburg, Illinois, USA

Key people Edward Zander, CEO & Chairman
Industry Telecommunications
Products Embedded systems
Microprocessors
Mobile phones
Two-Way radios
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Nokia Corporation

Public – Oyj
(, NYSE:  NOK , FWB: NOA3 )
Founded Nokia, Finland (1865)
Headquarters Espoo, Finland

Key people Fredrik Idestam, Founder in 1865
Kari Kairamo, CEO in the 1980s
Olli-Pekka Kallasvuo, President & CEO
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Palm, Inc.

Public (NASDAQ:  PALM )
Founded United States (1992)
Headquarters Sunnyvale, California, United States

Key people Ed Colligan, President and CEO
Industry Computer hardware and software
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Qualcomm Inc.

Public (NASDAQ: QCOM )
Founded San Diego, California, USA (1985)
Headquarters San Diego, California USA

Key people Dr. Irwin M. Jacobs, Chairman
Dr. Paul E. Jacobs, CEO
Steve Altman, President
Dr.
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Research In Motion Limited

Public
TSX:  RIM , NASDAQ:  RIMM
Founded Waterloo, Ontario (1984)
Headquarters Waterloo, Ontario, Canada

Key people Mike Lazaridis, Founder and co-CEO
Jim Balsillie, co-CEO
Dennis Kavelman, CFO
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Sony Ericsson Mobile Communications AB

Private
Founded 2001
Headquarters Head Office:
Acton, London, England
Incorporated:
Sweden

Key people Miles Flint (President), Anders Runevad (EVP)
Industry Telecommunications
Products Mobile phones
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Conglomerate is the term used to describe a large company which consists of divisions of often seemingly unrelated businesses.

History

The English East India Company can be considered to be one of the earliest conglomerate groups; originally a trade enterprise established
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LG Electronics

Public
Founded 1958
Headquarters Seoul, South Korea

Key people Yong Nam , Vice Chairman & CEO
Industry Mobile Communication, Digital Display, Digital Appliance and Digital Media
Revenue $68.
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Matsushita Electric Industrial Co., Ltd.
松下電器産業株式会社

Corporation
TYO: 6752 , NYSE:  MC
Founded Osaka, Japan (1918)
Headquarters Kadoma, Osaka, Japan
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NCR Corporation

Public
Founded 1884, 1997
Headquarters Dayton, Ohio

Key people Bill Nuti, CEO
Industry Technology
Products data warehouses, ATMs,
retail store automation
Revenue 6.028 billion USD (2005)
Employees 28,201
Website www.ncr.
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Koninklijke Philips Electronics N.V. (Royal Philips Electronics)

Public (Euronext: PHIA , NYSE:  PHG )
Founded 1891 Eindhoven
Headquarters Amsterdam, the Netherlands

Key people Gerard Kleisterlee, CEO
Industry Electronics
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Samsung Electronics
삼성전?

Public Korea Exchange (005930, 005935),
GDRs at London (SMSN LI, SMSD), GDRs at Luxemburg (SAMDR)
Founded 1969
Headquarters Suwon, South Korea

Key people Jong-Yong Yun, CEO
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