Mar 20 2010
Flextronics (Nasdaq: FLEX) has dedicated one million square feet to create a Clean Tech Super Site at its established facility in Port of Tanjung Pelepas (PTP) Malaysia.
This strengthens Flextronics' position as a global leader in the manufacturing of solar modules and complements the Company's Clean Tech strategy that includes providing services to global OEMs of inverters, wind power, smart grid, smart metering, and energy-efficient lightning solutions.
Flextronics expects its Clean Tech Super Site to result in significant improvements to the industry, including technical advancements for solar products, increased outsourcing among OEMs due to cost and logistics advantages, and overall supply chain optimization. With a range of solar module production services already operational at PTP, Flextronics' development plans include increasing its site capacity to support one Gigawatt of solar module production over the next two years. Flextronics has established customer relationships with many of the world's leading Clean Tech OEMs, including Cree Lighting, Carmanah, Oerlikon, SolarEdge, and Enphase.
Malaysia is a burgeoning center for the production of solar products, with major competitive advantages for Flextronics, such as proximity to solar OEM operations, localized resources, and excellent logistics solutions.
"Flextronics' ability to offer the most robust line of solutions to OEMs across the quickly expanding Clean Tech sector is a powerful competitive advantage. Our focused strategic push into this space, a sector we have held a leadership position in for many years, is unique among global EMS providers, given our size, scale, and world-class logistics services. We are completely focused on being the partner of choice for OEMs in the Clean Tech sector," said E.C. Sykes, president of Flextronics Industrial.
"Malaysia is the ideal location for our Clean Tech Super Site because of customer proximity and established wafer and cell operations in the area. This is an exciting time for our organization, and we are very pleased by the progress with our Clean Tech operations and are aggressively working toward its complete build-out," continued Sykes.