Solectron Expands Shanghai, China Product Development Center
Solectron Corporation (NYSE:SLR), a leading provider of integrated
electronic supply chain services including design, manufacturing and
aftermarket services, today announced the expansion of Solectron's
Shanghai, China product development facility. The facility will
provide complete product development services, supporting growing
customer demand for fast, cost-effective product development
capabilities.
The expanded site will focus on product development services for
original equipment manufacturers (OEMs) of telecommunication,
computing, storage and consumer electronics products. Shanghai is an
important region for product development services, helping OEMs update
product portfolio designs, shorten design cycles and meet
time-to-market requirements located near Solectron's mega site
manufacturing locations in Suzhou and Shenzhen, China. By locating
product development and manufacturing in close proximity, Solectron
will provide customers with system level design, new product
introduction (NPI) and full volume production capabilities throughout
China.
"Solectron continues to invest in expanding its design and
engineering capabilities globally by market segment, including
medical, telecommunications, consumer electronics and other sectors,"
said Dave Purvis, executive vice president and Chief Technical
Officer, Solectron. "We are seeing tremendous demand for complete
product development services in China, and our expansion in Shanghai
will apply our extensive experience in providing full product
development services to meet growing customer needs."
Solectron expects to hire more than 100 engineers to support the
growth. Since 1996, Solectron has operated in China, and today
operates nine different facilities throughout China.
Safe Harbor
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended,
including, but not limited to, the ability to successfully serve
customer's seeking Solectron's design and engineering capabilities.
These forward-looking statements involve a number of risks and
uncertainties, and are based on current expectations, forecasts and
assumptions. Actual outcomes and results could differ materially.
These risks and uncertainties include: unanticipated challenges
relating to manufacturing medical products; supply chain management
and logistics issues; product issues or problems relating to the
design of the product; business disruptions; the present and future
strength of the worldwide economy overall, and the market for this
medical product in particular; variations in demand forecasts and
orders; and our ability to retain key personnel. For a further list
and description of risks and uncertainties, see the reports filed by
Solectron with the Securities and Exchange Commission. Solectron
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
About Solectron
Solectron Corporation is one of the world's largest providers of
complete product lifecycle services. We offer collaborative design and
new product introduction, supply chain management, Lean manufacturing
and aftermarket services such as product warranty repair and
end-of-life support to leading customers worldwide. Solectron works
with the world's premier providers of networking, telecommunications,
computing, storage, consumer, automotive, industrial, medical,
self-service automation and aerospace and defense products. The
company's industry-leading Lean Six Sigma methodology (Solectron
Production System(TM)) provides OEMs with quality, flexibility,
innovation and cost benefits that improve competitive advantage. Based
in Milpitas, Calif., Solectron operates in more than 20 countries on
five continents and had sales from continuing operations of $10.6
billion in fiscal 2006. For more information, visit us at
www.solectron.com.
Note: SOLECTRON and the Solectron logo are registered trademarks
of Solectron Corporation. The Solectron Production System, SPS, and
Solectron Supply Chain Solutions Suite are also trademarks of
Solectron Corporation. Other names mentioned are trademarks,
registered trademarks or service marks of their respective owners.