Solectron Corporation Company Profile | Company Information

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On March 9, Solectron launched the Cisco SystemsLean Initiative. This initiatives required us to purchase PCBA boards that were previously sold toCisco Systems. As a the Company had a net reductiojn of revenueof $240.7 million and an increase to inventoriews of $260.3 million for the second quarter of fiscal 2007. In during the third quarter of fiscal the Companypurchased $74.4 millionn of inventory from third party suppliers in connectionn with the initiative. Under the Cisco Systems Lean Initiative, Solectro n is required to complete the buildinf of systemsand boxes. Systems and boxes require PCBA boards and thirrd partybuilt parts. ...