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anufacturing services ems original design manufacturer odm founded 25 september 1969 57 years ago 1969 09 25 as flextronics inc founders joe mckenzie barbara ann mckenzie headquarters singapore legal domicile and headquarters austin texas u s operations number of locations 100 2025 key people revathi advaithi ceo kevin krumm cfo michael capellas chairman revenue us 25 81 billion 2025 operating income us 1 169 billion 2025 net income us 838 million 2025 total assets us 18 38 billion 2025 total equity us 5 002 billion 2025 number of employees 147 979 2025 website flex com footnotes financials as of march 31 2025 update 1 flex offices warehouse in łódź flex ltd 2 previously known as flextronics international ltd or flextronics is a singapore domiciled multinational manufacturing company it is the world s third 3 largest global electronics manufacturing services ems original design manufacturer odm company by revenue behind only pegatron flex s u s corporate headquarters are located in austin texas 4 the company has manufacturing operations in over 30 countries and employs about 172 000 people history edit former u s headquarters in san jose california logo used until 2015 the flex plant in mukachevo ukraine after the russian attack in 2025 the company was founded in 1969 by joe and barbara ann mckenzie as flextronics inc 5 in 1990 the company was renamed flextronics international ltd and moved to singapore in 1993 the company received venture capital funding through sequoia capital 6 and became a publicly held company again in 1994 in 2000 the company ranked third on 100 best managed companies by industryweek in 2006 flextronics took over a part of the production of lego but in 2009 lego decided to end relations with flextronics and purchase the production facilities in mexico and hungary on 4 june 2007 flextronics offered to purchase solectron for us 3 6 billion and thus making solectron a subsidiary of flextronics the acquisition of solectron was completed by end of october 2007 earlier than anticipated citation needed on 18 march 2009 flextronics was invited to ring the nasdaq stock market opening bell signifying the day s start of trading and celebrated 15 year nasdaq listed anniversary mike mcnamara then ceo and a group of top executives represented the company at the ringing of the bell 7 on 25 august 2009 flextronics announced that it was chosen by lg electronics lge a global provider of advanced digital products and applied technologies to manufacture 19 22 26 32 and 37 inch lcd television receivers at its ciudad juárez mexico facility for distribution to the north and south american markets 8 on 2 september 2009 flextronics announced that multek received danaher test and measurement s 2009 outstanding supplier award the award was given based on quality delivery performance engineering support and cost for work with two of danaher s business units tektronix and fluke 9 on 15 september 2010 flextronics announced that it had been chosen by brammo inc former producer of electric traction motors and traction batteries to be its manufacturing partner for the production and distribution of plug in electric motorcycles and components in 2010 the company signed an agreement with lenovo to provide manufacturing for europe that same year flextronics also signed an agreement with brammo to provide acquisition and manufacturing in north america asia and europe citation needed in 2012 flextronics incubated elementum a start up supply chain management scm company based in mountain view california in 2014 elementum was spun off from flextronics as its own separate entity 10 in 2013 flextronics began making the mac pro for apple in texas 11 in 2014 flextronics was named as the manufacturer of the fitbit force by the us consumer product safety commission in the context of a complete recall of the product due to rashes developing on the wrists of its users 12 in july 2015 the company announced it changed the company name from flextronics to flex 13 in september 2015 flex acquired nextpower then known as nextracker one of the leading solar tracker companies for 330 million 14 in november 2015 flex acquired wink smart home platform to bring the intelligence of things home flex has been a strategic partner to wink serving as their primary supplier of hardware and firmware including the wink hub and wink relay which include core intellectual property developed within flex 15 in july 2017 flex sold wink to i am for 38 7 million 16 on 31 december 2018 michael m mcnamara resigned as the company s chief executive officer 17 on 11 february 2019 flex announced revathi advaithi as ceo prior to flex advaithi was president and chief operating officer for the electrical sector business for eaton corporation 18 on august 21 2025 a flex manufacturing site operating in mukachevo ukraine since 2012 was hit and extensively damaged by a russian airstrike 19 controversies edit breach of contracts edit flextronics was sued for breach of contract with beckman coulter inc a maker of medical devices the case dates from 1997 when beckman coulter entered into an agreement with dovatron a unit of the dii group to provide circuit boards for a beckman blood analyser flextronics acquired the dii group in 1999 and according to beckman shortly thereafter flextronics refused to provide the circuit boards unless it bought other electronic components from the company citation needed beckman filed suit in early 2001 seeking 2 2 million in damages which were cited as the costs incurred in having to retool one of its plants to manufacture the circuit boards in house 20 21 at the end of the trial flextronics paid 23 million for the damages 22 leak of usb charger confidential shipment data edit a former flextronics executive pleaded guilty to committing wire fraud and security fraud by providing confidential information related to usb charger shipment data used for u s based iphones and ipods in 2009 23 seizure of huawei goods over tariff war edit according to a 2019 report flex produced smartphone and 5g base stations for huawei and when the us added huawei to its entity list on may 16 flex kept huawei s assets at its factory in zhuhai citation needed this included production equipment raw materials and half made products worth approximately 700 million yuan 101 85 million 24 these goods were held up for over a month however huawei was able to retrieve some of the goods worth 400 million yuan through third party channels in june 2019 25 references edit form 10 k for fy 2025 u s securities and exchange commission 21 may 2025 retrieved 29 july 2025 people and company wide culture flex com retrieved 11 december 2017 the mmi top 50 press release manufacturing market insider archived from the original on 5 april 2020 retrieved 21 june 2017 form 10 k for fy 2023 u s securities and exchange commission retrieved 25 may 2023 making history the rise of flex and the technological revolution flex com flex com retrieved 23 november 2020 sequoia flextronics sequoia capital archived from the original on 24 september 2015 retrieved 11 december 2017 flextronics international companieshistory com 9 july 2013 retrieved 11 december 2017 flextronics selected by lg electronics to manufacture assorted lcd tv products for north and south american markets pr newswire retrieved 11 december 2017 multek wins danaher test and measurement s 2009 outstanding supplier partnership award pr newswire retrieved 11 december 2017 gage deborah 4 february 2014 flextronics spins off startup to put supply chain software in the cloud the wall street journal retrieved 11 december 2017 nicas jack 21 november 2019 no that mac factory in texas is not new the new york times issn 0362 4331 retrieved 18 march 2026 fitbit recalls force activity tracking wristband cpsc gov cpsc gov retrieved 11 december 2017 flextronics officially changes name to flex pr newswire 24 july 2015 retrieved 9 january 2017 kanellos michael flextronics a quiet giant in solar forbes retrieved 12 may 2020 flex to bring the intelligence of things home with wink acquisition pr newswire retrieved 11 december 2017 lunden ingrid 27 july 2017 i am buys wink the smart home hub formerly owned by flex and quirky tech crunch retrieved 1 february 2019 flex ceo mike mcnamara to retire prnewswire com 25 october 2018 retrieved 1 february 2019 flex announces revathi advaithi as ceo flex com 11 february 2019 retrieved 11 february 2019 myre greg 21 august 2025 russian airstrikes hit a u s factory in western ukraine npr callahan blaine wins 934 million for beckman coulter callahan blaine retrieved 11 december 2017 california jury awards beckman coulter 934 million mddionline com 1 november 2003 retrieved 11 december 2017 thurm scott 28 november 2003 flextronics will pay 23 million to beckman to settle a lawsuit the wall street journal retrieved 11 december 2017 dignan larry apple s weak link on secrets contract equipment manufacturing zdnet zdnet retrieved 11 december 2017 jiang sijia 6 august 2019 exclusive china s huawei seeks compensation from flex over withheld goods euronews reu archived from the original on 9 may 2021 retrieved 11 may 2023 jiang sijia electronics maker flex seized 100 million of huawei goods in china global times reuters archived from the original on 27 april 2022 retrieved 11 may 2023 external links edit wikimedia commons has media related to flextronics official website business data for flex ltd google reuters sec filings yahoo v t e major ems odms and oems companies with an annual revenue of over us 3 billion byd celestica compal flex foxconn goertek jabil luxshare pegatron quanta sanmima tpv wistron see also largest it companies electronics manufacturing services original design manufacturer original equipment manufacturer v t e s p 500 companies communication services alphabet inc at t charter communications comcast echostar fox corporation live nation entertainment meta platforms netflix news corp omnicom group paramount skydance reddit t mobile take two interactive tko group holdings verizon the walt disney company consumer discretionary airbnb amazon aptiv autozone best buy booking holdings carnival carvana chipotle mexican grill darden restaurants deckers brands domino s doordash d r horton ebay expedia group ford motor company garmin general motors genuine parts company hasbro hilton worldwide home depot las vegas sands lennar lowe s lululemon marriott international mcdonald s mgm resorts international nike inc norwegian cruise line holdings nvr inc o reilly auto parts pultegroup ralph lauren corporation ross stores royal caribbean group starbucks tapestry inc tesla inc tjx tractor supply company ulta beauty williams sonoma inc wynn resorts yum brands consumer staples altria archer daniels midland brown forman bunge global casey s church dwight clorox the coca cola company colgate palmolive constellation brands costco dollar general dollar tree estée lauder companies general mills the hershey company hormel foods kenvue keurig dr pepper kimberly clark kraft heinz kroger mccormick company mondelez international monster beverage pepsico philip morris international procter gamble the j m smucker company sysco target corporation tyson foods vylor walmart energy apa corporation baker hughes chevron corporation conocophillips devon energy diamondback energy eog resources eqt corporation expand energy exxonmobil halliburton kinder morgan marathon petroleum occidental petroleum oneok phillips 66 slb targa resources texas pacific land corporation valero energy williams companies financials aflac allstate american express american international group ameriprise financial aon apollo global management arch capital group ares management arthur j gallagher co assurant bank of america berkshire hathaway blackrock blackstone inc block inc bny brown brown capital one cboe global markets charles schwab corporation chubb limited cincinnati financial citigroup citizens financial group cme group coinbase corpay erie indemnity everest group factset fis fifth third bank fiserv franklin resources global payments globe life goldman sachs the hartford huntington bancshares interactive brokers intercontinental exchange invesco jack henry associates jpmorgan chase keybank kkr co loews corporation m t bank marsh mclennan mastercard metlife moody s corporation morgan stanley msci nasdaq inc northern trust paypal pnc financial services principal financial group progressive corporation prudential financial raymond james financial regions financial corporation robinhood markets s p global state street corporation synchrony financial t rowe price the travelers companies truist u s bancorp visa inc w r berkley corporation wells fargo willis towers watson health care abbott laboratories abbvie agilent technologies align technology amgen baxter international becton dickinson bio techne biogen boston scientific bristol myers squibb cardinal health cencora centene corporation charles river laboratories the cigna group cooper companies cvs health danaher corporation davita dexcom edwards lifesciences elevance health ge healthcare gilead sciences hca healthcare henry schein humana idexx laboratories illumina inc incyte insulet intuitive surgical iqvia johnson johnson labcorp eli lilly and company mckesson corporation medtronic merck co mettler toledo moderna pfizer quest diagnostics regeneron pharmaceuticals resmed revvity solventum steris stryker corporation thermo fisher scientific unitedhealth group universal health services veeva systems vertex pharmaceuticals viatris waters corporation west pharmaceutical services zimmer biomet zoetis industrials 3m a o smith allegion ametek automatic data processing axon enterprise bloom energy boeing broadridge financial solutions c h robinson carrier global caterpillar inc cintas comfort systems usa copart csx corporation cummins deere company delta air lines dover corporation eaton corporation emcor emerson electric equifax expeditors international fastenal fedex fedex freight ferguson enterprises fortive ge aerospace ge vernova generac general dynamics honeywell aerospace honeywell technologies howmet aerospace hubbell incorporated huntington ingalls industries idex corporation illinois tool works ingersoll rand j b hunt jacobs solutions johnson controls l3harris leidos lennox international lockheed martin masco nordson corporation norfolk southern railway northrop grumman old dominion freight line otis worldwide paccar parker hannifin paychex pentair quanta services rtx corporation republic services rockwell automation rollins inc snap on southwest airlines stanley black decker textron trane technologies transdigm group uber union pacific corporation united airlines united parcel service united rentals veralto verisk analytics vertiv w w grainger wabtec waste management inc xylem inc information technology accenture adobe inc akamai technologies amd amphenol analog devices apple inc applied materials 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