SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                             ----------------------
                                    FORM 8-K
                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported)   FEBRUARY 16, 1999
                                                 -------------------------------


                              SOLECTRON CORPORATION
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               (Exact name of registrant as specified in charter)

          DELAWARE                      1-11098                  94-2447045
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(State or other jurisdiction          (Commission              (IRS Employer
      of incorporation)               File Number)          Identification No.)

777 GIBRALTAR DRIVE, MILPITAS, CALIFORNIA                          95035
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(Address of principal executive offices)                         (Zip Code)



Registrant's telephone number, including area code          (408) 957-8500
                                                   -----------------------------

                                 NOT APPLICABLE
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         (Former name or former address, if changed since last report.)
 
<PAGE> 

ITEM 5. OTHER EVENTS

On February  16, 1999,  the  Registrant  issued a press  release  regarding  the
redemption of its 6 percent Convertible  Subordinated Notes, which press release
included the following statements:

MILPITAS,  California -- Solectron Corporation (NYSE: SLR), a worldwide provider
of  customized  electronics   manufacturing   solutions  to  original  equipment
manufacturers (OEMs), today announced that it has called for redemption on March
3, 1999, the company's 6 percent  Convertible  Subordinated  Notes due 2006 (the
"Notes").   The  aggregate   principal  amount   outstanding  of  the  Notes  is
approximately US$230 million.

The board of directors  has approved a  two-for-one  stock split of  Solectron's
common stock, US$.001 par value (the "Common Stock"), to be effected in the form
of a stock  dividend.  The record date of the stock split was  February 10, 1999
(the "Record Date"). As a consequence,  the conversion price of the Notes became
US$16.90  effective  immediately  after the opening of business on February  11,
1999.  The trading price of the Common Stock on the New York Stock Exchange will
not reflect the stock split until the open of the market on February  25,  1999.
In order to avoid confusion, all information herein is presented on a post-split
basis unless otherwise noted.

Before 5 p.m. Eastern Standard time on March 2, 1999,  holders may convert their
Notes into shares of Solectron Common Stock at a price of approximately US$16.90
(post-split) per share, or approximately  59.17 (post-split) shares of Solectron
Common Stock per US$1,000  principal amount of Notes.  Cash will be paid in lieu
of fractional  shares. On February 12, 1999, the last reported sale price of the
Solectron Common Stock on the New York Stock Exchange was US$86 per share (US$43
per share, as adjusted to reflect the two-for-one  stock split).  Alternatively,
holders may have their Notes  redeemed at a total  redemption  price of US$1,042
per US$1,000  principal  amount of Notes,  plus accrued and unpaid interest from
March 1, 1999, to the redemption date of US$0.33 per US$1,000  principal amount,
for a total  redemption  price of  US$1,042.33.  Any Notes not  converted  on or
before 5 p.m.  Eastern  Standard  time on March 2, 1999,  will be  automatically
redeemed on March 3, 1999, after which interest will cease to accrue. So long as
the  market  price of the  Solectron  Common  Stock  is at  least  approximately
US$17.62 (post-split) per share, a holder of the Notes who converts will receive
Solectron  Common Stock with a market value (plus cash in lieu of any fractional
shares)  greater than the amount of cash the holder would  otherwise be entitled
to receive upon redemption.

A  Notice  of  Redemption  and a Letter  of  Transmittal  (which  may be used to
surrender Notes for conversion or redemption) are being mailed to all registered
holders of the Notes as of February 16. Copies of the Notice of  Redemption  and
the form of the Letter of  Transmittal  may be obtained  from Stephen  Rivero by
calling State Street Bank and Trust Company of California, N. A. at +1 (213) 362
7345.


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<PAGE>

SOLECTRON CORPORATION


SIGNATURES

      Pursuant  to the  requirements  of the  Securities  Exchange  Act of 1934,
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.




                                       SOLECTRON CORPORATION
                                       (Registrant)


Date:  February 18, 1999  





                                       /s/ Susan S. Wang
                                       ----------------------------------------
                                       Susan S. Wang
                                       Senior Vice President, Chief
                                       Financial Officer and Secretary
                                      (Principal Financial and
                                       Accounting Officer)



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