Profile: Flextronics International Ltd (FLEX.OQ)
6 Dec 2013
Flextronics International Ltd. (Flextronics), incorporated in May 1990, is a global provider of global supply chain solutions, through which the Company designs, build, ship and services a packaged electronic product to original equipment manufacturers (OEMs) in the markets, which include High Reliability Solutions (HRS), which is consists of its medical, automotive, defense and aerospace businesses; High Velocity Solutions (HVS), which includes its mobile devices business, including smart phones, and consumer electronics, including game consoles, high-volume computing business, including notebook personal computing (PC), tablets and printers; Industrial and Emerging Industries (IEI), which is consists of its household appliances, equipment, and industries businesses, and Integrated Network Solutions (INS), which includes its telecommunications infrastructure, data networking, connected home, and server and storage businesses. It offers a range of customer-tailored services to OEMs. In November 2013, Flextronics International Ltd acquired RIWISA AG.
Design and Engineering Services
The Company offers a range of design and engineering services that is tailored to the various markets and needs of its customers. These services can be delivered by three primary business models: Contract Design Services, Joint Development Manufacturing services and Original Design and Manufacturing services. The Company's design and engineering services are provided by the Company's global, market-based engineering teams and cover a range of technical competencies, which include System Architecture, User Interface and Industrial Design, Mechanical Engineering, Technology, Enclosure Systems, Thermal and Tooling Design, Electronic System Design, Reliability and Failure Analysis and Component Level Development Engineering.
Systems Assembly and Manufacturing
The Company's assembly and manufacturing operations, which generate the Company's revenues, include printed circuit board assembly and assembly of systems and subsystems that incorporate printed circuit boards and electromechanical components. The Company often assembles electronics products with its printed circuit boards and custom electronic enclosures on either a build-to-order or configure-to-order basis. The Company offers a set of custom electronics enclosures and related products and services worldwide. The Company’s services include the design, manufacture and integration of electronics packaging systems, including custom enclosure systems, power and thermal subsystems, interconnect subsystems, cabling and cases. The Company also offers computer-aided testing services for assembled printed circuit boards, systems and subsystems. The Company’s manufacturing and assembly operations capitalize on its materials inventory management expertise and volume procurement capabilities.
The Company offers the component product solutions, which include Rigid and Flexible Printed Circuit Board (PCB) Fabrication and Power Supplies. Printed circuit boards are platforms composed of laminated materials that provide the interconnection for integrated circuits, passive and other electronic components. They are formed out of multi-layered epoxy resin and glass cloth systems with very fine traces and spaces and plated holes (called vias), which interconnect the different layers to an extremely dense circuitry network that carries the integrated circuits and electrical signals. The Company has a service power supply business (Flex Power) that specializes in switching power supplies ranging from 1 to 3,000 watts. The product portfolio includes chargers for the mobile phones and the fast-growing tablet markets, adapters for notebooks and printers and boxed power supplies for the desktop markets along with networking, server and storage markets.
Flextronics Global Services is a provider of after-market supply chain logistics services. The Company’s suite of services serve customers operating in the computing, consumer digital, infrastructure, industrial, mobile and medical markets. The Company provides multiple logistics solutions, including supplier managed inventory, inbound freight management, product postponement, build/configure to order, order fulfillment and distribution, and supply chain network design.
Reverse Logistics and Repair Services
The Company offers a suite of integrated reverse logistics and repair solutions that are operated on globally consistent processes, which help its customers protect their brand loyalty in the marketplace by improving turnaround times and end-customer satisfaction levels. The Company provides repair expertise to multiple product lines, such as consumer and midrange products, printers, PDA's, mobile phones, consumer medical devices, notebooks, PC's, set-top boxes, game consoles and complex infrastructure products. With its service parts logistics business, it manages all of the logistics and restocking processes essential to the efficient operation of repair and refurbishment services.
Flextronics International Ltd
2,, Changi South Lane