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Topic: Solectron


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In the News (Sat 26 Dec 09)

  
  Baldrige Award Recipients--Solectron Corporation (1991)
Solectron operates one of the world's largest surface mount facilities for the assembly of complex printed circuit boards and subsystems.
Solectron has a team-focused approach to employee involvement, which relies on training and mentorship to overcome barriers due to a multilingual work force composed of workers from over 20 cultures.
Solectron's quality improvement efforts are paying off, as indicated by its chief indicator: "customer satisfaction." It has won 37 superior performance awards over the last 10 years, 10of those in 1990.
www.baldrige.nist.gov /Solectron_91.htm   (1066 words)

  
 Sample Contracts - Purchase and Manufacturing Services Agreement - NCR Corp. and Solectron Corp. - Competitive ...
Solectron also agrees to use its commercially reasonable efforts to procure for NCR and its software reproducer, a similar license to Software supplied to NCR by Solectron in connection with the Products which Software is not authored by Solectron and will notify NCR if Solectron is unable to procure such a license.
Solectron shall also reimburse NCR for any penalties, late fees, finance charges or other payments NCR must make to the extent such payments are caused by Solectron failure to comply with this Section.
Solectron will package parts individually in a protective package that is suitable for individual distribution, labeled and barcoded as described in the NCR Supplier Guide, hereby incorporated by reference and provided to Solectron under separate cover.
contracts.onecle.com /ncr/solectron.mfg.1998.04.27.shtml   (13911 words)

  
 CNN.com - Solectron buys C-MAC for $2.7B - Aug. 9, 2001
Based on Solectron's closing price of $17.20 on Wednesday, the deal is valued at $30.19 per share of C-MAC common stock, or about $2.7 billion, including the assumption of debt, Solectron said in a statement.
Solectron did not immediately specify the level of debt it was taking on.
Solectron said it still expects fourth-quarter sales of $3 billion to $3.5 billion and cash EPS of 5 cents to 9 cents, before restructuring charges and one-time charges.
edition.cnn.com /2001/BUSINESS/08/09/solectron.re   (538 words)

  
 FranklinCovey > Solutions for You > Articles > Knowledge Sharing > A Total Approach to Total Quality   (Site not responding. Last check: 2007-10-13)
Solectron applied for the Baldrige Award in 1989 and received examiners' input on their strengths and areas for improvement.
Solectron University, an internal departmental learning facility, was formed to provide training for workers in management skills, communications, and manufacturing excellence.
Solectron executives also use the roundtable meeting, a weekly informal luncheon between management and small groups of line employees.
www.franklincovey.com /foryou/articles/total.html   (1212 words)

  
 Solectron
Solectron is to close its electronic components factory in Carrickfergus by the end of March, with the loss of 74 jobs.
Solectron is to shed a further 80 jobs at its remaining electronics plant in Carrickfergus.
Solectron is to establish a New Product Introduction centre in the Greenock area having won a contract to develop printed circuit boards for IBM, and the facility will be staffed by about 65 IBM engineers.
www.ukbusinesspark.co.uk /son92254.htm   (204 words)

  
 Baldrige Award Recipients--Solectron Corporation (1991 and 1997)
Solectron has sustained its rapid growth with something new -- 12 additional production and design facilities -- and something old -- satisfied repeat customers who have greatly increased their outsourcing business with the contract supplier.
Solectron Corporation is a worldwide provider of electronics design, manufacturing, and support services to leading original equipment manufacturers.
Solectron's commitment to manufacturing quality products and its strong performance management are reflected in key measures of financial performance, such as revenue growth and earnings per share.
www.quality.nist.gov /Solectron_97.htm   (1066 words)

  
 Boston.com / Business / Solectron announces plans to lay off 3,500   (Site not responding. Last check: 2007-10-13)
Slumping electronics manufacturer Solectron Corp. plans to lay off 3,500 employees during the next year, extending a purge driven by weakening demand from its outsourcing services.
Cisco Systems Inc., IBM Corp. and Hewlett-Packard Co. are among the major high-tech companies that hire Solectron to assemble some of their products, with much of the work done overseas to hold down costs.
Solectron's shares gained 5 cents to close Friday at $3.30 on the New York Stock Exchange.
www.boston.com /business/articles/2005/04/29/solectron_announces_plans_to_lay_off_3500   (286 words)

  
 The Wisdom of Chairman Ko
Solectron's rise to glory comes a scant decade after business observers were lamenting the death of manufacturing in the United States and of American competitiveness in the proud, yet dirty-fingernailed, world of production.
Solectron's CEO was among the first to express interest in buying the NCR factory, and his enthusiasm for the operation was infectious.
The key to the success of Solectron's NCR purchase, and to its other acquisitions, is that Solectron gives its plant managers the authority to run their operations as if the plants are the managers' own businesses.
www.fastcompany.com /online/29/ko.html   (5009 words)

  
 Solectron sees loss widen, shares drop | Tech News on ZDNet   (Site not responding. Last check: 2007-10-13)
Solectron's loss excluding one-time items was wider than analysts had expected, and the company warned that its loss in the current quarter could also be deeper than Wall Street had forecast.
Solectron, which builds products for IBM, Hewlett-Packard, Cisco Systems and other tech companies, said its fiscal third-quarter net loss widened to $3.1 billion, or $3.74 per share, from a net loss of $284 million, or 35 cents a share, a year earlier.
Solectron said it expected revenue in its current fiscal fourth quarter of $2.6 billion to $3 billion, with a loss before charges in the range of 2 cents to 6 cents per share.
news.zdnet.com /2100-9584_22-1019387.html   (607 words)

  
 Unlocking Value with an Integrated Data Warehouse
Solectron has a multi terabyte Sun on Oracle data warehouse that has seen a 200 percent increase in data warehouse performance, and a 40 percent reduction in operational costs.
Solectron presented us with a challenge based on the needs of its business, and we were able to demonstrate an alternate solution that met its requirements.
Solectron realized that in order to remain competitive, it needed to consolidate its data management onto a new data infrastructure.
www.sun.com /solutions/documents/articles/bdw_solectron_aa.xml?null   (2375 words)

  
 Cambridge Telcom Report: Solectron Corporation and Nortel Networks Announce Industry's Largest-Ever Electronics ...
Solectron will offer terms and conditions of employment that are identical, or the same in the aggregate, as those that the employees currently maintain at Nortel Networks.
Solectron partners with its OEM customers to take responsibility for the complete supply chain and for all activities required to support a product from the time of manufacture until its removal from the market.
Solectron is the first company to win the Baldrige Award for manufacturing twice in the 12-year history of the national program.
www.findarticles.com /p/articles/mi_m0BFP/is_2000_April_10/ai_61430503   (934 words)

  
 CNN.com - Solectron buys C-MAC for $2.7B - Aug. 9, 2001
As a result of the transaction, expected to be completed before the end of the year, Solectron said it expects to generate between $60 million and $120 million in synergies through cost savings and revenue opportunities.
For the fiscal fourth quarter, Solectron stood by its prior forecast for revenue between $3 billion and $3.5 billion and earning of 5 cents-to-9 cents, before restructuring charges and one-time charges.
Solectron also said it expects to record an additional fourth-quarter restructuring charge of up to $210 million, on top of a $50 million restructuring charge announced in June.
edition.cnn.com /2001/BUSINESS/08/09/solectron   (526 words)

  
 Solectron, Lucent split jeopardizes jobs   (Site not responding. Last check: 2007-10-13)
Yesterday, a Solectron spokesman said it was still negotiating with the Communications Workers of America, which represents about 250 of the workers affected, on how to fulfill its obligation under the current contract.
Roszell, the Solectron spokesman, gave no timeline for the layoffs, saying the two companies are currently planning the "transition" that would include "timing and work force requirements." The North Andover workers would have the same right to apply for different jobs in the company, but currently the prospects are few, he said.
Shares of Solectron stock were unchanged in after-market trading, after ending yesterday up 6 cents, or 3.3 percent, to $1.86 per share.
www.eagletribune.com /news/stories/20021022/FP_001.htm   (848 words)

  
 Solectron to slash 3,500 jobs to cut costs / Restructuring necessary to stem red ink, firm says
Solectron Corp., the world's second-largest contract manufacturer of electronic products, announced plans Friday to cut 3,500 jobs, about 6 percent of its staff, in a bid to bolster its bottom line.
Solectron recently reported a $5 million loss for its second quarter that ended Feb. 28, an improvement from a $90 million loss in the same period a year ago.
Solectron also said that fiscal results for 2002 through 2004 had accounting errors that were restated several weeks ago, but that they were not material.
www.sfgate.com /cgi-bin/article.cgi?f=/c/a/2005/04/30/BUGFMCHS8Q1.DTL   (524 words)

  
 Solectron expands in Mexican 'Silicon Valley' | CNET News.com
Solectron, an electronics manufacturing services company, said on Thursday that it is expanding its largest plant in the Americas, located in Guadalajara.
Solectron said it would be hiring for the plant in the near term, but it did not specify how many people it would need.
Solectron said it decided to expand in the state of Jalisco because of "significant customer demand." "The time zone and proximity to our American customers are also advantages over Asian operations," said Dave Purvis, Solectron's executive vice president and chief technical officer.
news.com.com /Solectron+expands+in+...+Valley/2110-1014_3-5918326.html   (591 words)

  
 Automotive Industries: Solectron combines forces to advance its place on the supply chain - Moving Up - Interview   (Site not responding. Last check: 2007-10-13)
During a 10-year period Solectron was also acquiring engineering resources, manufacturing resources and putting in a strong supply chain to manage the process.
A. Within Solectron we have a lot of history and expertise and until this point in time we haven't brought it together as an automotive opus.
A. One of the core philosophies of Solectron has been evolving over the last several years -- and it's been accelerating since the slowdown -- has been that you have to be the lowest total cost, supplier.
www.findarticles.com /p/articles/mi_m3012/is_12_182/ai_96553931   (1318 words)

  
 Solectron Corporation
Solectron is the first company to win the Malcolm Baldrige National Quality Award for Manufacturing twice in the 10-year history of the national program.
Solectron has more than 22,000 associates in 21 manufacturing facilities worldwide and five and a half million square feet of manufacturing capacity.
Solectron partners with its customers at the earliest stages of a product's design to ensure a smooth, rapid and cost-effective transition from product concept to volume manufacturing.
www.prnewswire.com /cnoc/CUSTOMIZE/803620_C1.0   (867 words)

  
 Solectron enters into agreement with Lucent Technologies to purchase inventory and equipment related to optical ...   (Site not responding. Last check: 2007-10-13)
Solectron will be the primary manufacturer for Lucent's advanced optical systems, including its key Lambda and WaveStar® product families, which are now being produced at the North Andover facility.
Solectron (http://www.solectron.com) provides a full range of global manufacturing and supply-chain management services to the world's premier high-tech electronics companies.
Solectron, the first two-time winner of the Malcolm Baldrige National Quality Award, has a full range of industry-leading capabilities on five continents.
www.lucent.com /press/0302/020328.coa.html   (538 words)

  
 Netherlands Corporate News - Solectron opent ontwerp- en engineerservicescentrum in Timisoara, Ro..
Solectron Timisoara has a positive relationship with the university, and will continue to develop specific projects and educational programs initiated in close partnership with the university.
Solectron is the largest private employer in the Timisoara region.
Solectron Timisoara is committed to total quality management and has successfully implemented the Solectron Production System(TM) (SPS), the company's industry-leading Lean Six Sigma methodology, to improve quality in its operations.
www.netherlandscorporatenews.com /archive/en/2005/12/20/f025.htm   (543 words)

  
 Solectron's Warranty Services, 14 June 2005
Solectron helps major electronics companies design and manufacture their products, but in the future it sees a major opportunity to expand its operations in warranty repair and even recycling services.
Solectron's Global Services business unit is still small in percentage terms, but is growing in importance for the future of the company.
Solectron also is providing in-store services to Nokia for shops that Solectron owns and operates in Singapore and elsewhere in Asia.
www.warrantyweek.com /archive/ww20050614.html   (2277 words)

  
 Morningstar - Dow Jones & Company, Inc.: UPDATE: Solectron Reverses Loss With $30.4 Million Profit   (Site not responding. Last check: 2007-10-13)
Solectron (SLR) earned $30.4 million, or 3 cents a share, compared to a loss of $2.2 million, or breakeven on a per-share basis, a share a year ago.
Solectron, which builds products for technology bellwethers such as Hewlett- Packard Co. (HPQ), said $13.3 million of its net income came from a gain related to its discontinued operations.
For its third quarter, Solectron expects to report earnings, excluding items, of 3 cents to 5 cents a share on revenue in the range of $2.5 billion to $2.7 billion.
news.morningstar.com /news/DJ/M03/D23/200603231715DOWJONESDJONLINE001189.html?djnsection=DJN1   (321 words)

  
 Solectron Shines in Outsourcing Sector
Solectron Corp. {SLR}, a Milpitas, Calif., manufacturer of electronics products for blue-chip customers such as International Business Machines {IBM}, Hewlett-Packard Co. {HWP}, and Cisco Systems Inc. {CSCO}, is benefiting from strong sales by its customers and high utilization of its plants and equipment.
In addition, Solectron’s huge cash hoard and brisk sales led BancBoston Robertson Stephens analyst J. Keith Dunne to upgrade the company’s stock to "buy." The San Francisco-based analyst says Solectron’s stock should trade at about $90 a share next year.
Analysts say Solectron is also benefiting from its December 1998 inclusion in the SandP 500.
www.halplotkin.com /cnbcs018.htm   (728 words)

  
 Solectron Press Releases
These 20 systems were installed at the Ames Research Center and quickly became one of the fastest supercomputers in the world with a sustained performance of 51.87 trillion calculations per second, also known as teraflops.
Solectron (www.solectron.com) provides a full range of worldwide manufacturing and integrated supply chain services to the world's premier high-tech electronics companies.
Solectron's offerings include new-product design and introduction services, materials management, product manufacturing, and product warranty and end-of-life support.
phx.corporate-ir.net /phoenix.zhtml?c=74829&p=irol-neNewsArticle&t=Regular&id=659096&   (554 words)

  
 MENAFN - Middle East North Africa . Financial Network News: Toyota philosophy being adapted to electronics industry
Solectron is putting its bets on Toyota Motor's kaizen (pronounced "kye-zen") philosophy of perpetual improvement, believing that the discipline can be applied to the intricate supply chains of electronics manufacturing with equal success.
He advised Solectron on its productivity makeover and he also served as a judge at the company's Sept. 26-27 kaizen contest, along with Chihiro Nakao, Toyota's master of kaizen.
Solectron's annual revenue continues to sag, decreasing from $11.6 billion last year to $10.4 billion in fiscal 2005, which ended Aug. 31.
www.menafn.com /qn_news_story.asp?StoryId=Cq4fuueics0fjwKvo   (959 words)

  
 Solectron Corporation
Solectron's dedication to our customers' success is embodied by our enterprise-wide focus on continuous improvement in everything we do.
Solectron is the first company to win the award twice in the 10-year history of the program.
Fortune ranked Solectron No. 94 for total return to investors, which climbed to 55.7 percent, No. 347 in profit, which grew 38 percent, and No. 324 in market value, which reached $4.5 billion as of March 18, 1998, the date of the evaluation.
www.prnewswire.com /cnoc/CUSTOMIZE/803620_C2.5   (452 words)

  
 PRESS RELEASE Solectron Signs Multi-Year Contract With IBM for Procurement Business Transformation Services   (Site not responding. Last check: 2007-10-13)
Solectron is expected to realize significant savings throughout the life of the contract by leveraging IBM's global economies of scale and by optimizing core procurement processes.
Solectron worked closely with IBM to customize the service offerings into a single, holistic procurement solution.
Solectron Corporation (www.solectron.com) provides a full range of electronics manufacturing and supply-chain management services to the world's leading networking, telecommunications, computing, consumer, automotive, industrial and medical device firms.
www.marketwire.com /mw/release_html_b1?release_id=114168   (746 words)

  
 Solectron Sales Decline
Solectron reported a loss from continuing operations in the third quarter of $67 million, or 7 cents a share, compared with a loss from continuing operations of $65 million, or 8 cents a share, last year.
Solectron earned $36 million, or 4 cents a share, excluding $103 million of charges.
For the fiscal fourth quarter, Solectron is projecting revenue of $2.4 billion to $2.6 billion, and a profit from continuing operations, before items, of 3 cents to 5 cents a share.
www.thestreet.com /_cnet/tech/hardware/10229463.html?cm_ven=CNET&cm_cat=FREE&cm_ite=NA   (251 words)

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