---

---

(1)	This tender offer statement relates to the exchange by Solectron Corporation of an aggregate of up to $450,000,000 aggregate principal amount of its 0.50% Convertible Senior Notes, Series B due 2034 and a cash consideration for $450,000,000 aggregate principal amount of its currently outstanding 0.50% Convertibles Senior Notes due 2034. Pursuant to Rule 457(f)(2) under the Securities Act of 1933, this amount is the book value as of January 12, 2005 of the maximum amount of the currently outstanding 0.50% Convertible Senior Notes due 2034 that may be received by the Registrant from tendering holders.
(2)	Registration fee previously paid in connection with the Registrant’s Registration Statement on Form S-4 filed January 13, 2005
þ	Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

o	Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

Check the appropriate boxes below to designate any transactions to which the statement relates:

Check the following box if the filing is a final amendment reporting the results of the tender offer: o

---

---

 

TABLE OF CONTENTS

	Item 1. Summary Term Sheet.
	Item 2. Subject Company Information.
	Item 3. Identity and Background of Filing Person.
	Item 4. Terms of the Transaction.
	Item 5. Past Contracts, Transactions, Negotiations and Agreements.
	Item 6. Purposes of the Transaction and Plans or Proposals.
	Item 7. Source and Amount of Funds or Other Consideration.
	Item 8. Interest in Securities of the Subject Company.
	Item 9. Persons/Assets, Retained, Employed, Compensated or Used.
	Item 10. Financial Statements.
	Item 11. Additional Information.
	Item 12. Exhibits.
	Item 13. Information Required by Schedule 13E-3.
SIGNATURE
INDEX TO EXHIBITS

---

Table of Contents

INTRODUCTORY STATEMENT

     This tender offer statement on Schedule TO (this “Schedule TO”) is being filed by Solectron Corporation, a Delaware corporation (the “Company”), pursuant to Rule 13e-4 of the Securities Exchange Act of 1934 in connection with its offer to exchange (the “Exchange Offer”) up to $450,000,000 aggregate principal amount of its 0.50% Convertible Senior Notes, Series B due 2034 (the “New Notes”) and cash for any and all of the $450,000,000 aggregate principal amount of its currently outstanding 0.50% Convertible Subordinated Notes due 2034 (the “Outstanding Notes”), upon the terms and subject to the conditions set forth in the Company’s preliminary prospectus (the “Prospectus”) forming a part of the Company’s Registration Statement on Form S-4 (the “Registration Statement”) filed with the Securities and Exchange Commission on January 13, 2005, and the related Letter of Transmittal for the Exchange Offer (the “Letter of Transmittal”), which are filed as Exhibits (a)(4) and (a)(1)(i) to this Schedule TO, respectively.

     All of the information set forth in the Prospectus and the Letter of Transmittal, and any prospectus supplement or other amendment thereto related to the Exchange Offer hereafter filed by the Company with the Securities and Exchange Commission, is hereby incorporated by reference into this Schedule TO in answer to Items 1 through 11 of this Schedule TO.

Item 1. Summary Term Sheet.

     The information in the Prospectus under the heading “Summary” is incorporated herein by reference.

Item 2. Subject Company Information.

	(a)	Name and Address. The issuer is Solectron Corporation, a Delaware corporation, with its principal executive offices located at 847 Gibraltar Drive, Milpitas, California 95035; telephone number (408) 957-8500.
	(b)	Securities. The subject class of securities is $450,000,000 aggregate principal amount of the Company’s 0.50% Convertible Senior Notes due 2034.
	(c)	Trading Market and Price. There is no established trading market for the Outstanding Notes. The information in the Registration Statement under the heading “Price Range of Common Stock” is incorporated herein by reference.

Item 3. Identity and Background of Filing Person.

(a)

Name and Address. The issuer and subject company is Solectron Corporation, a Delaware corporation, with its principal executive offices located at 847 Gibraltar Drive, Milpitas, California 95035; telephone number (408) 957-8500.

     Pursuant to General Instruction C to Schedule TO, the following persons are the executive officers and directors of the Company:

 

     The business address and telephone number of each of the above executive officers and directors of the Company is c/o Solectron Corporation, 847 Gibraltar Drive, Milpitas, California 95035; telephone number (408) 957-8500.

Item 4. Terms of the Transaction.

	(a)	Material Terms. The information in the Prospectus under the headings “Summary,” “The Exchange Offer,” “Description of the New Notes” and “Certain Material U.S. Federal Income Tax Considerations” is incorporated herein by reference.
	(b)	Purchases. None of the Company’s officers, directors or affiliates hold any of the Outstanding Notes and, therefore, no Outstanding Notes will be purchased from any officer, director or affiliate of the Company in connection with the Exchange Offer.

Item 5. Past Contracts, Transactions, Negotiations and Agreements.

(e)

Agreements Involving the Subject Company’s Securities.

     The information in the Prospectus under the heading “Description of Capital Stock,” is incorporated herein by reference.

     The Company has entered into the following agreements (each of which is filed as an exhibit to this Schedule TO) relating to the Outstanding Notes: (a) Indenture, dated as of February 17, 2004, between the Company and U.S. Bank National Association, as trustee; and (b) Registration Rights Agreement, dated February 17, 2004, among the Company and the initial purchasers party thereto.

Item 6. Purposes of the Transaction and Plans or Proposals.

	(a)	Purposes. The information in Prospectus under the headings “Summary” and “The Exchange Offer” is incorporated herein by reference.
	(b)	Use of Securities Acquired. The Company will retire the Outstanding Notes acquired in the transaction.
	(c)	Plans.

(1)

None.

-ii-

	(2)	None.
	(3)	None.
	(4)	Election of H. Paulett Eberhart to Board of Directors; resignation of Osamu Yamada.
	(5)	None.
	(6)	None.
	(7)	None.
	(8)	None.
	(9)	The Company (i) maintains three stock purchase and/or option plans: the 2003 Employee Stock Purchase Plan, the Amended and Restated 1992 Stock Option Plan and the 2002 Stock Option Plan and (ii) has entered into an employment agreement, a stand-alone stock option agreement and a restricted stock purchase agreement with each of Michael R. Cannon, our President and Chief Executive Officer and Marc Onetto, our Executive Vice President, Worldwide Operations. The Company may issue securities in each of (i) and (ii) from time to time.
	(10)	None.

Item 7. Source and Amount of Funds or Other Consideration.

	(a)	Source of Funds. The consideration to be used in the Exchange Offer consists of the New Notes and a cash consideration. If all of the Outstanding Notes are tendered and accepted for exchange, an aggregate principal amount of $450,000,000 of New Notes will be issued and the Company will pay $1,125,000 in cash. The Company expects to pay fees and expenses in connection with the exchange offer from the Company’s working capital.
	(b)	Conditions. Not applicable.
	(d)	Borrowed Funds. Not applicable.

Item 8. Interest in Securities of the Subject Company.

	(a)	Securities Ownership. None.
	(b)	Securities Transactions. None.

Item 9. Persons/Assets, Retained, Employed, Compensated or Used.

(a)

Solicitations or Recommendations. The information in the Prospectus under the headings “The Exchange Offer—Exchange Agent and Information Agent,” “The Exchange Offer—Dealer Manager,” and “The Exchange Offer—Other Fees and Expenses” is incorporated by reference.

-iii-

Item 10. Financial Statements.

(a)

Financial Information.

     The following financial statements and information are incorporated by reference:

          (1)      The audited consolidated financial statements of the Company set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended August 27, 2004.

          (2)      The unaudited condensed consolidated financial statements of the Company set forth in the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended November 26, 2004.

          (3)      The information in the Prospectus under the headings “Summary—Summary Consolidated Financial Data” and “Ratio of Earnings to Fixed Charges.”

     (b) Pro Forma. The information in the Prospectus under the heading “Capitalization” is incorporated herein by reference.

Item 11. Additional Information.

(a)

Agreements, Regulatory Requirements and Legal Proceedings.

	(1)	None.
	(2)	The Company is required to comply with federal and state securities laws and tender offer rules.
	(3)	Not applicable.
	(4)	Not applicable.
	(5)	None.

(b)

Other Material Information. Not applicable.

Item 12. Exhibits.

-iv-

Item 13. Information Required by Schedule 13E-3.

     Not Applicable.

-v-

SIGNATURE

     After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

	SOLECTRON CORPORATION
Dated: January 13, 2005	By:	/s/ Perry Hayes
		Name:	Perry Hayes
		Title:	Treasurer and Vice President of Investor Relations

-vi-

INDEX TO EXHIBITS

-vii-