Company
Flex Ltd.
Headquarters: Singapore, Singapore
Founded: 25 September 1969
Employees: 167,201
CEO: Ms. Revathi Advaithi
Market Cap
$10.31 Billion
USD as of Jan. 1, 2024
Flex Ltd. Categories
Singapore Technology Electronic ComponentsSingapore Technology Singapore Electronic Components
Top Competitors by Market Capitalization
Industry: Electronic Components
| Company | Market Cap (USD) |
|---|---|
| Amphenol | $56.89 B |
| Hon Hai Precision Industry Co. Ltd | $47.43 B |
| TE Connectivity Ltd. | $42.62 B |
| Murata Manufacturing Co. Ltd | $40.27 B |
| Corning Incorporated | $25.83 B |
Detailed Description
Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers in Asia, the Americas, and Europe. It operates through two segments, Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). The company provides a portfolio of technologies in electrical/electronics, electromechanical, and software; and cross-industry technologies, including human machine interface, audio and video, system in package, miniaturization, IoT platforms, and power management. It also designs and integrates advanced data center servers, storage and networking equipment, and data center appliances. In addition, the company provides value-added design and engineering services; and systems assembly and manufacturing services that include enclosures, testing services, and materials procurement and inventory management services. Further, it offers chargers for smartphones and tablets; adapters for notebooks and gaming systems; power supplies for the server, storage, and networking markets; isolated DC/DC converters and non-isolated Point of Load converters for the information and communications technology market; and specialized power module solutions for other markets. Additionally, the company provides after-market and forward supply chain logistics services comprising supplier-managed inventory, inbound freight management, product postponement, build/configure to order, order fulfillment and distribution, asset tracking, and supply chain network design; and reverse logistics and repair solutions, including returns management, exchange programs, complex repair, asset recovery, recycling, and e-waste management. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was incorporated in 1990 and is based in Singapore.
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Stocks & Indices
Flex Ltd. has the following listings and related stock indices.
Stock: NASDAQ: FLEX wb_incandescent
Stock: FSX: FXI wb_incandescent
Stock: BMV: FLEXN wb_incandescent
Key People
Founder(s): Joe Mc Kenzie Barbara Ann Mc Kenzie
Revathi Advaithi (CEO) Paul Lundstrom (CFO) Francois Barbier (Group President) Phillip Ulrich (Chief Resources Officer) Michael D. Capellas (Chairman of the Board)
Financials
Revenue: US$25.44 billion(FY MAR 31 2018)
Operating income: US$643.72 million(FY MAR 31 2018)
Net income: US$428.53 million(FY MAR 31 2018)
Total assets: US$13.72 billion(FY MAR 31 2018)
Total equity: US$3.02 billion(FY MAR 31 2018)