<PAGE>						
             UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C.  20549
                                 FORM 10-Q


X  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES 
EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED FEBRUARY 27, 1998.

__  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES 
EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _________________ TO 
_________________

COMMISSION FILE NUMBER 1-11098

                           SOLECTRON CORPORATION
           (Exact Name of Registrant as specified in its Charter)


                 Delaware                        94-2447045
      (State or other jurisdiction             (IRS Employer 
    of Incorporation or Organization)       Identification Number)


             777 Gibraltar Drive, Milpitas, California 95035
           (Address of principal executive offices and Zip Code)

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



Indicate by check mark whether the registrant (1) has filed all reports 
required to be filed by Section 13 or 15(d) of the Securities Exchange 
Act of 1934 during the preceding 12 months (or for such shorter period 
that the registrant was required to file such reports), and (2) has been 
subject to such filing requirements for the past 90 days.

Yes   X        No    


Indicate the number of shares outstanding of each of the issuer's 
classes of common stock, as of the latest practicable date.

At March 31, 1998, 115,872,771 shares of Common Stock of the Registrant 
were outstanding.
                                   1
<PAGE>
                         SOLECTRON CORPORATION

INDEX TO FORM 10-Q


PART I.  FINANCIAL INFORMATION


Item 1.  Financial Statements

         Condensed Consolidated Balance Sheets at
         February 28, 1998 and August 31, 1997                    3

         Condensed Consolidated Statements of Income for
         for the three months and six months ended 
         February 28, 1998 and 1997                               4 
 

         Condensed Consolidated Statements of Cash Flows 
         for the six months ended February 28, 1998 
         and 1997                                               5 - 6

         Notes to Condensed Consolidated Financial
         Statements                                             7 - 9

Item 2.  Management's Discussion and Analysis of Financial
         Condition and Results of Operations                   10 - 20

Item 3.  Quantitative and Qualitative Disclosures About
         Market Risk                                              21



PART II. OTHER INFORMATION


Item 1.  Legal Proceedings                                        22

Item 2.  Changes in Securities                                    22

Item 3.  Defaults Upon Senior Securities                          22

Item 4.  Submission of Matters to a Vote of Security Holders   22 - 23

Item 5.  Other Information                                        23

Item 6.  Exhibits and Reports on Form 8-K                         23

Signature                                                         24

                                    2

<PAGE>
ITEM 1.     FINANCIAL STATEMENTS 
<TABLE>
                SOLECTRON CORPORATION AND SUBSIDIARIES
                 CONDENSED CONSOLIDATED BALANCE SHEETS
                             (In thousands)
<CAPTION>
                                        February 28,        August 31,
                                           1998                1997
                                        -----------        -----------
<S>                                     <C>                <C>
ASSETS 
Current assets:
   Cash, cash equivalents and 
     short-term investments              $  426,121         $  482,902
   Accounts receivable, net                 480,318            418,682
   Inventories                              582,728            494,622
   Prepaid expenses and other
     current assets                          86,755             79,426
                                         ----------         ----------
     Total current assets                 1,575,922          1,475,632 
Net property and equipment                  388,024            326,361
Other assets                                 52,709             50,426
                                         ----------         ----------
     Total assets                        $2,016,655         $1,852,419
                                         ==========         ==========

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
   Current portion of long-term debt     $       --         $    1,464
   Accounts payable                         475,641            415,896
   Accrued employee compensation             46,526             56,218
   Accrued expenses                          10,666             24,787
   Other current liabilities                 64,285             45,577
                                         ----------         ----------
     Total current liabilities              597,118            543,942
Long-term debt                              386,343            385,850
Other long-term liabilities                   2,779              3,558
                                         ----------         ----------
     Total liabilities                      986,240            933,350
                                         ----------         ----------
Commitments
Stockholders' equity:      
     Common stock                               115                115
     Additional paid-in capital             467,683            451,093
     Retained earnings                      572,343            478,612
     Cumulative translation adjustment       (9,726)           (10,751)
                                         ----------         ----------
     Total stockholders' equity           1,030,415            919,069
                                         ----------         ----------
Total liabilities and 
 stockholders' equity                    $2,016,655         $1,852,419
                                         ==========         ==========
</TABLE>
See accompanying notes to condensed consolidated financial statements.

                                    3

<PAGE>
<TABLE>
                   SOLECTRON CORPORATION AND SUBSIDIARIES
                CONDENSED CONSOLIDATED STATEMENTS OF INCOME
                    (In thousands, except per share data)
<CAPTION>
                            Three Months Ended       Six Months Ended
                               February 28,            February 28,
                           ____________________    ____________________
                              1998       1997         1998       1997   
                           _________  _________    _________  _________
<S>                       <C>        <C>          <C>        <C>
Net sales                 $1,186,831 $  858,698   $2,323,651 $1,666,423 
Cost of sales              1,060,669    756,500    2,073,730  1,478,077
                           _________  _________    _________  _________
     Gross profit            126,162    102,198      249,921    188,346

Operating expenses:
   Selling, general
    & administrative          47,985     42,512       99,924     75,184
   Research &
    development                4,945      4,123        9,327      5,313
   Acquisition costs              -          -            -       4,000
                           _________  _________    _________  _________
     Operating income         73,232     55,563      140,670    103,849

Interest income                6,542      7,536       13,119     13,749
Interest expense              (6,326)    (6,183)     (12,839)   (12,994)
                           _________  _________    _________  _________
     Income before 
      income taxes            73,448     56,916      140,950    104,604

Income tax expense            24,605     19,351       47,219     35,564                                
                           _________  _________    _________  _________
     Net income           $   48,843 $   37,565   $   93,731 $   69,040
                           =========  =========    =========  =========
Net income per share:
     Basic                $    0.42  $    0.33    $    0.81  $    0.63
                           =========  =========    =========  =========
     Diluted              $    0.41  $    0.32    $    0.78  $    0.61
                           =========  =========    =========  =========
Weighted average number 
  of shares:
     Basic                   115,414    112,552      115,124    109,220
                           =========  =========    =========  =========
     Diluted                 126,164    116,439      126,100    113,019
                           =========  =========    =========  =========
</TABLE>

See accompanying notes to condensed consolidated financial statements.

                                   4   

<PAGE>
<TABLE>
                   SOLECTRON CORPORATION AND SUBSIDIARIES
               CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                               (In thousands)
<CAPTION>
                                                   Six Months Ended
                                                     February 28,
                                               ------------------------
                                                  1998          1997
                                               ----------    ----------             
<S>                                            <C>           <C>
Cash flows from operating activities:
  Net income                                   $   93,731    $   69,040
  Adjustments to reconcile net income
   to net cash provided by operating 
   activities:
     Depreciation and amortization                 61,164        51,742
     Tax benefit associated with the 
      exercise of stock options                       269         5,265 
     Other                                          7,856         3,812
  Changes in operating assets and 
   liabilities:
     Accounts receivable                          (61,190)      (14,125)
     Inventories                                  (87,422)      (63,987)
     Prepaid expenses and other 
      current assets                              (10,779)       (7,703)
     Accounts payable                              59,291        86,639
     Accrued expenses and other 
      current liabilities                          (8,060)        4,991
                                               ----------    ----------
     Net cash provided by operating 
     activities                                    54,860       135,674
                                               ----------    ----------
Cash flows from investing activities:
  Sales and maturities of short-term 
   investments                                    137,543      105,879
  Purchases of short-term investments            (162,461)    (202,277)
  Capital expenditures                           (143,519)     (53,915)
  Proceeds from leasing transactions               18,342           --
  Other                                            (1,550)       5,556
                                               ----------   ----------
     Net cash used in investing 
     activities                                  (151,645)    (144,757)
                                               ----------   ----------

</TABLE>
                               (continued on next page)

See accompanying notes to condensed consolidated financial statements.

                                   5

<PAGE>
<TABLE>
                  SOLECTRON CORPORATION AND SUBSIDIARIES
            CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (continued)
                            (In thousands)
<CAPTION>
                                                  Six Months Ended
                                                    February 28,
                                              ------------------------
                                                 1998          1997
                                              ----------    ----------            
<S>                                           <C>           <C>
Cash flows from financing activities:
  Repayments of long-term debt                    (2,007)         (106)
  Net proceeds from sale of common stock          16,588        18,512
  Other                                              (97)       (3,429)                                                            
                                              ----------    ----------
     Net cash provided by financing 
     activities                                   14,484        14,977
                                              ----------    ----------
Effect of exchange rate changes on 
 cash and cash equivalents                           602        (1,301)
                                              ----------    ----------
Net (decrease) increase in cash and 
 cash equivalents                                (81,699)        4,593
   
Cash and cash equivalents at 
 beginning of period                             225,073       228,830
                                              ----------    ----------
Cash and cash equivalents at 
 end of period                                $  143,374    $  233,423
                                              ==========    ==========


SUPPLEMENTAL DISCLOSURES

Cash paid during the period:
   Income taxes                               $    37,781   $   42,590
   Interest                                   $     2,431   $   13,134
  
Non-cash investing and financing
activities:
   Issuance of common stock for
     business combination                     $       --    $   18,335

</TABLE>
See accompanying notes to condensed consolidated financial statements.

                                  6

<PAGE>
SOLECTRON CORPORATION AND SUBSIDIARIES


NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS


NOTE 1 - Basis of Presentation

The accompanying condensed consolidated balance sheets as of February 
28, 1998 (unaudited) and August 31, 1997, the unaudited condensed 
consolidated statements of income for the three- and six-month periods 
ended February 28, 1998 and 1997, and the unaudited condensed 
consolidated statements of cash flows for the six months ended February 
28, 1998 and 1997 have been prepared on substantially the same basis as 
the annual consolidated financial statements.  Management believes the 
financial statements reflect all adjustments, consisting only of normal 
recurring adjustments, necessary for a fair presentation of the 
financial position, operating results and cash flows for the periods 
presented.  The results of operations for the three- and six-month 
periods ended February 28, 1998 are not necessarily indicative of 
results to be expected for the entire year.  These condensed 
consolidated financial statements should be read in conjunction with the 
consolidated financial statements and notes thereto for the year ended 
August 31, 1997 included in the Company's Annual Report to Stockholders.

For clarity of presentation, the Company has indicated its second fiscal 
quarter as ending on February 28, and its fiscal year as ending on 
August 31, whereas in fact, the Company's second quarter of fiscal 1998 
ended on February 27, 1998, its second quarter of fiscal 1997 ended on 
February 28, 1997 and its 1997 fiscal year ended on August 29, 1997.

NOTE 2 - Inventories

Inventories consisted of (in thousands):
<TABLE>
<CAPTION>
                                 February 28,        August 31,
                                     1998               1997   
                                 -----------        -----------
          <S>                    <C>                <C>
          Raw materials           $  419,106        $  365,630
          Work-in-process            163,622           128,992
                                 -----------        -----------
          Total                   $  582,728        $  494,622
                                 ===========        ===========
</TABLE>

NOTE 3 - Net Income Per Share

In 1997, the Financial Accounting Standards Board issued Statement of 
Financial Accounting Standards (SFAS) No. 128, "Earnings per Share." 
SFAS No. 128 replaced the previously reported primary and fully diluted 
net income per share with basic and diluted net income per share. Basic 
net income per share is calculated using the weighted average number of 
common shares outstanding during the period. Diluted net income per 
share is calculated using the weighted average number of common shares 
plus dilutive common equivalent shares outstanding during the period. 
Common equivalent shares consist of stock options that are computed 
using the treasury stock method and shares issuable upon conversion of 
the Company's outstanding convertible notes.

                                 7

<PAGE>
All net income per share amounts for all periods have been presented, 
and where necessary, restated to conform to the requirements of SFAS No. 
128.

The following table sets forth the computation of basic and diluted 
income per share for the three- and six-month periods ended February 28, 
1998 and 1997.
<TABLE>
<CAPTION>
                                Three Months Ended     Six Months Ended
                                    February 28,         February 28,
                                __________________    __________________
                                  1998       1997       1998      1997
                                ________  ________    ________  ________
<S>                             <C>       <C>        <C>        <C>
Net income - basic              $ 48,843  $ 37,565   $  93,731  $ 69,040

 Interest expense from 
  convertible subordinated 
  notes, net of taxes              2,398       --        4,796       --
                                ________  ________    ________  ________
Net income - diluted            $ 51,241  $ 37,565    $ 98,527  $ 69,040
                                ========  ========    ========  ========

Shares used to compute
 net income per share:

Basic:
 Weighted average shares         115,414   112,552     115,124   109,220
                                ========  ========    ========  ========
Diluted:
 Weighted average shares         115,414   112,552     115,124   109,220
 Common stock equivalents -
  stock options                    3,946     3,887       4,172     3,799
 Common shares issuable
  upon assumed conversion 
  of convertible subordinated
  notes                            6,804        --       6,804        --
                                ________  ________    ________  ________
    Total diluted shares         126,164   116,439     126,100   113,019          
                                ========  ========    ========  ========

Net income per share - basic     $ 0.42    $ 0.33      $ 0.81    $ 0.63
                                ========  ========    ========  ========

Net income per share - diluted   $ 0.41    $ 0.32      $ 0.78    $ 0.61
                                ========  ========    ========  ========
</TABLE>
For the three- and six-month periods ended February 28, 1998, options to 
purchase 1.3 million shares of common stock with exercise prices greater 
than the average fair market value of the Company's stock for the period 
of $40.25 and $40.82, respectively, are not included in the calculation 
because the effect would have been antidilutive. For the three- and six-
month periods ended February 28, 1997, options to purchase 1.0 million 
and 1.1 million shares, respectively, of common stock with exercise 
prices greater than the average fair market value of the Company's stock 
for the period of $28.33 and $26.87, respectively, are not included in 
the calculation because the effect would have been antidilutive. In 
addition, the inclusion of the 6.8 million common shares issuable upon 
conversion of the convertible subordinated notes in the calculations for 
the three- and six- month periods ended February 28, 1997 would also 
have been antidilutive.

                               8

<PAGE>
NOTE 4 - Asset Securitization Arrangement

In September 1997, the Company entered into an asset securitization 
arrangement with a bank under which it may sell up to $120 million of 
eligible accounts receivable. The arrangement is subject to certain 
financial covenants and management representations. No transactions have 
occurred under this arrangement.

NOTE 5 - Commitments

The Company leases various facilities under operating lease agreements.  
These leases expire at various dates through the year 2006.  
Substantially all leases require the Company to pay property taxes, 
insurance, and normal maintenance costs.  All of the Company's leases 
have fixed minimum lease payments except the lease for certain 
facilities in Milpitas, California.  Payments under this lease are 
periodically adjusted based on LIBOR rates.  This lease provides the 
Company with the option at the end of the lease of either acquiring the 
property at its original cost or arranging for the property to be 
acquired. The Company is contingently liable under a first loss clause 
for a decline in the market value of the property of up to $52.1 million 
in the event that the Company does not purchase the property at the end 
of the lease term.  The Company must also maintain compliance with 
financial covenants similar to its credit facilities.  Future minimum 
lease payments related to lease obligations are approximately $17.0 
million, $11.8 million, $9.0 million, $6.5 million and $4.2 million in 
each of the years in the five year period ending August 31, 2002 and an 
aggregate $1.1 million for periods after that date.

NOTE 6 - Pending Acquisition of NCR Operations

On April 2, 1998, the Company announced that it had signed an asset 
purchase agreement with NCR Corporation (NCR) under which Solectron will 
acquire NCR's manufacturing assets in three cities for approximately 
$100 million. Under the terms of the agreement, NCR will outsource the 
manufacturing of its computer and retail products to Solectron for at 
least five years and Solectron will hire approximately 1,200 NCR 
manufacturing and related support employees. The transaction is expected 
to close in the Company's third fiscal quarter of 1998. Completion of 
the transaction is subject to applicable government approvals and 
various conditions of closing. 

                                9

<PAGE>
ITEM 2.     MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
            CONDITION AND RESULTS OF OPERATIONS

Certain statements contained in the following Management's Discussion 
and Analysis of Financial Condition and Results of Operations, 
including, without limitation, statements containing the words 
"believes," "anticipates," "estimates," "expects," and words of similar 
import, constitute forward-looking statements which involve risks and 
uncertainties. Solectron's actual results could differ materially from 
those anticipated in these forward looking statements as a result of 
certain factors, including those factors set forth under "Trends and 
Uncertainties" below.

General

Solectron's net sales are derived from sales to electronics systems 
original equipment manufacturers (OEMs). The majority of Solectron's 
customers compete in the networking, data and voice communications, 
workstation, personal computer and computer peripheral segments of the 
electronics industry. The Company uses advanced manufacturing 
technologies in assembly and manufacturing management of complex printed 
circuit boards and electronics systems. Solectron also provides pre-
manufacturing and post-manufacturing services. A discussion of some of 
the potential fluctuations in operating results is included under 
"Trends and Uncertainties".

As of February 28, 1998, excluding the locations of the Force Computers 
and Fine Pitch Technologies subsidiaries, the Company had manufacturing 
operations in fourteen locations, of which six are located in North 
America and eight are overseas. Solectron also has its Asia/Pacific 
headquarters office in Taipei, Taiwan and a sales support office located 
in Japan.  Force Computers and Fine Pitch Technologies are both 
headquartered in San Jose, California.  Force's European headquarters 
and a significant portion of its operations are located in Munich, 
Germany.  In addition to its headquarters locations, Force has sales 
support offices in various locations in the United States and 
internationally. Fine Pitch has operations in California and in 
Massachusetts.

During 1997, the Company established a strategic, global manufacturing 
partnership with Ericsson Telecom AB's Business Area Infocom Systems 
(Ericsson). The Company has established a New Product Introduction 
center in Norrkoping and Stockholm, Sweden, and production from certain 
Ericsson plants worldwide has been transferred to Solectron 
manufacturing sites around the world. In October 1997, Solectron 
acquired certain assets, primarily equipment and inventory, of 
Ericsson's printed circuit board assembly operation located in Brazil. 
In addition, Solectron's subsidiary, Solectron Brasil Ltda., hired 
approximately 370 persons formerly employed by Ericsson Telecomunicacoes 
S.A. in Brazil.

On April 2, 1998, the Company announced that it had signed an asset 
purchase agreement with NCR Corporation (NCR) under which Solectron will 
acquire NCR's manufacturing assets in three cities for approximately 
$100 million. Under the terms of the agreement, NCR will outsource the 
manufacturing of its computer and retail products to Solectron for at 
least five years and Solectron will hire approximately 1,200 NCR 
manufacturing and related support employees. The transaction is expected 
to close in the Company's third fiscal quarter of 1998. Completion of 
the transaction is subject to applicable government approvals and 
various conditions of closing. 

                                10

<PAGE>
Results of Operations

The electronics industry is subject to rapid technological change, 
product obsolescence and price competition. These and other factors 
affecting the electronics industry, or any of Solectron's major 
customers in particular, could have an adverse material effect on 
Solectron's results of operations. See "Trends and Uncertainties -- 
Potential Fluctuations in Operating Results" and "Competition" for 
further discussion of potential fluctuations in operating results.

The following table sets forth, for the periods indicated, certain items 
in the Consolidated Statements of Income as a percentage of net sales. 
The financial information and the discussion below should be read in 
conjunction with the Condensed Consolidated Financial Statements and 
Notes thereto.
<TABLE>
<CAPTION>
                              Three Months Ended      Six Months Ended
                                  February 28,           February 28,
                                1998       1997        1998       1997
                              -------    -------     -------    -------
   <S>                        <C>        <C>         <C>        <C>
   Net sales                    100.0%     100.0%      100.0%     100.0%
   Cost of sales                 89.4       88.1        89.2        88.7                                        
                              -------    -------     -------    -------
         Gross profit            10.6       11.9        10.8       11.3
   Operating expenses:
     Selling, general & 
      administrative              4.0        4.9         4.3        4.5        
     Research & development        .4         .5          .4         .3
     Acquisition costs              -          -           -         .2
                              -------    -------     -------    -------
         Operating income         6.2        6.5         6.1        6.3        
    Interest (income)  
       expense, net                 -        (.2)          -          -                                      
                              -------    -------     -------    -------
         Income before 
          income taxes            6.2        6.7         6.1        6.3
   Income taxes                   2.1        2.3         2.1        2.1
                              -------    -------     -------    -------
   Net income                     4.1%       4.4%        4.0%       4.2%
                              =======    =======     =======    =======
</TABLE>
Net Sales

Net sales for the three- and six-month periods of fiscal 1998 grew to 
$1.2 billion and $2.3 billion, respectively, increases of 38.2% and 
39.4%, respectively, over the same periods in fiscal 1997. The sales 
growth is attributable to significant increases in sales volume from 
both existing and new customers worldwide, including the completion of 
the transfer of production from certain Ericsson plants to various 
Solectron locations around the world.

Within the Americas, sites that benefited most from start up and major 
new programs had substantial increases in net sales for the fiscal 1998 
periods compared to the fiscal 1997 periods. Sales growth at the Texas 
site was particularly strong as a result of these factors. In addition, 
the new sites in Mexico and Brazil contributed incremental net sales to 
the fiscal 1998 periods. Sales at the Milpitas, California site 
decreased in the three-month period of fiscal 1998 compared to the same 
period of fiscal 1997 and increased only slightly for the six-month 

                                    11

<PAGE>
period of fiscal 1998 over the six-month period of fiscal 1997 due to 
two factors: (1) deliberate management actions initiated in the fourth 
quarter of fiscal 1997 to achieve improved global load balancing and 
specific product program transitioning and (2) an overall softening in 
demand from a cross section of customers near the end of the second 
quarter of fiscal 1998. Sales in all of the Company's European and Asian 
operations, except for Japan, increased in the fiscal 1998 periods over 
the comparable periods of fiscal 1997 primarily as a result of core 
business growth and new accounts. Sales growth in the Company's location 
in Scotland was particularly strong due to the transfer of a major 
customer's printed circuit board assembly activities to that operation. 
Although the Company does not currently anticipate any future decline in 
sales, to lessen the potential impact of any possible future declines to 
customers within any particular region or market segment, the Company is 
committed to seeking diversification of its customer base among many 
countries, market segments and product lines within market segments.

Hewlett-Packard Company (HP) was Solectron's largest customer in the 
first half of both fiscal 1998 and 1997. Net sales to HP during the 
three- and six-month periods of fiscal 1998 accounted for 13.8% and 
14.6%, respectively, compared to 15.5% and 14.0% for the same periods in 
fiscal 1997. In addition, Sun Microsystems, Inc. accounted for 12.3% and 
11.2%, respectively, and Cisco Systems, Inc. accounted for 11.4% and 
10.3%, respectively, of net sales in the three- and six-month periods of 
fiscal 1998. Bay Networks, Inc. accounted for 11.0% and 11.1 % of net 
sales, respectively, in the three- and six-month periods of fiscal 1997. 
No other customers accounted for more than 10% of net sales during any 
of the periods presented.

Solectron's top ten customers accounted for 67.1% and 65.8% of 
consolidated net sales in the first half of fiscal 1998 and 1997, 
respectively. Solectron is still dependent upon continued revenues from 
HP and the rest of its top ten customers and there can be no guarantee 
that these or any other customers will not increase or decrease as a 
percentage of consolidated net sales either individually or as a group. 
Consequently, any material decrease in sales to these or other customers 
could have an adverse material effect on Solectron's results of 
operations.

In the first half of fiscal 1998, international locations contributed 
34.5% of consolidated net sales compared to 24.4% in the same period of 
fiscal 1997. In addition to the sales growth factors for Europe and Asia 
noted above, the Company's international sales also benefited from the 
addition in fiscal 1998 of the sites in Mexico and Brazil. The rate of 
international versus domestic sales, as well as international sales 
versus domestic sales as a percentage of the Company's overall sales can 
fluctuate significantly over time.

As a result of Solectron's international sales and facilities, 
Solectron's operations are subject to risks of doing business abroad. 
While to date these dynamics have not had an adverse material effect on 
Solectron's results of operations, there can be no assurance that there 
will not be such an impact in the future. See "Trends and Uncertainties 
-- International Operations" for a further discussion of potential 
fluctuations in operating results associated with the risks of doing 
business abroad.

Solectron's operations in Milpitas, California contributed a substantial 
portion of Solectron's net sales and operating income during the first 
half of fiscal 1998 and fiscal 1997. In recent quarters, management has 
undertaken deliberate actions to achieve improved global load balancing 

                                12

<PAGE>
by transferring certain projects from the Milpitas site to other sites 
worldwide. However, the performance of the Milpitas operation is 
expected to continue as a significant factor in the overall financial 
performance of Solectron. Any adverse material change to the customer 
base, product mix, efficiency, or other attributes of this site could 
have an adverse material effect on Solectron's consolidated results of 
operations.

Solectron believes that its ability to continue to achieve growth will 
depend upon growth in sales to existing customers for their current and 
future product generations, successful marketing to new customers and 
future geographic expansion. Customer contracts can be canceled and 
volume levels can be changed or delayed. The timely replacement of 
delayed, canceled or reduced orders with new business cannot be assured. 
In addition, there can be no assurance that any of Solectron's current 
customers will continue to utilize Solectron's services. Because of 
these factors, there can be no assurance that Solectron's historical 
revenue growth rate will continue. See "Trends and Uncertainties" for a 
discussion of certain factors affecting the management of growth, 
geographic expansion and potential fluctuations in sales and results of 
operations.

Gross Profit

The gross margin percentage decreased to 10.8% for the first half of 
fiscal 1998 period from 11.3% for the same period of fiscal 1997. The 
decrease was due primarily to start-up costs associated with the 
Company's operations in China and Mexico, as well as a shift toward 
higher volume projects that typically have lower margins.

For the foreseeable future, Solectron's gross margin is expected to 
depend primarily on product mix, production efficiencies, utilization of 
manufacturing capacity, start-up and integration costs of new and 
acquired businesses, the percentage of sales derived from system build 
projects, pricing within the electronics industry and the cost structure 
at individual sites. Over time, gross margins at the individual sites 
and for the Company as a whole may continue to fluctuate. Printed 
circuit board assembly projects typically have higher gross margin 
percentages than system build projects. Increases in system build 
business, additional costs associated with new projects and price 
erosion within the electronics industry could adversely affect the 
Company's gross margin.  Additionally, changes in product mix could 
cause the Company's gross margin to fluctuate. Also, while the 
availability of raw materials appears adequate to meet the Company's 
current revenue projections for the foreseeable future, component 
availability is still subject to lead time and other constraints that 
could possibly limit the Company's revenue growth. Because of these 
factors and others discussed under "Trends and Uncertainties" below, 
there can be no assurance that the Company's gross margin will not 
fluctuate or decrease in future periods.

Selling, General and Administrative Expenses

In absolute dollars, selling, general and administrative (SG&A) expenses 
increased 12.9% and 32.9%, respectively, for the three- and six-month 
periods of fiscal 1998 over the same periods in fiscal 1997. For the 
second quarter of fiscal 1998, the increase is due to growth within the 
Company's Force Computers subsidiary plus the addition of new sites in 
China, Mexico, Brazil and Sweden, partially offset by cost-containment 
measures in established locations. In addition to the increases related 
to these new sites and the inclusion of Force for the full fiscal 1998 

                                  13

<PAGE>
period, the increase for the six-month period of fiscal 1998 resulted 
from investment in infrastructure such as personnel and related 
departmental expenses at all manufacturing locations as well as 
continuing investment in information systems to support the increased 
size and complexity of the Company's business. As a percentage of net 
sales, SG&A expenses were 4.0% and 4.3%, respectively, in the fiscal 
1998 periods and 4.9% and 4.5%, respectively, in the fiscal 1997 
periods, respectively. The most significant reason for the fiscal 1998 
decrease in SG&A expenses as a percentage of net sales is the 
significant increase in the sales base partially offset by the  
inclusion of Force, which has a more sales-intensive operating 
structure, and the costs associated with starting up new sites and 
investments in the Company's information systems.  The Company 
anticipates SG&A expenses will continue to increase in terms of absolute 
dollars in the future, and may possibly increase as a percentage of 
revenue, as the Company continues to build the infrastructure necessary 
to support its current and prospective business.

Research and Development Expenses

With the exception of its Force Computers operation, the Company's 
research and development (R&D) activities have been focused primarily on 
the development of prototype and engineering design capabilities, fine 
pitch interconnecting technologies (which include ball-grid array, tape-
automated bonding, multichip modules, chip-on-flex, chip-on-board and 
flip chip), high reliability environmental stress test technology and 
the implementation of environmentally-friendly assembly processes, such 
as VOC-free and no-clean.  Force's R&D efforts are concentrated on new 
product development and improvement of product designs through 
improvements in functionality and support of next generation micro-
processors.  Research and development expenses, as a percentage of net 
sales, were 0.4% in both the three- and six-month periods of fiscal 1998 
and 0.5% and 0.3%, respectively, in the fiscal 1997 periods. The 
increase in R&D expenses in the first half of fiscal 1998 compared to 
the first half of fiscal 1997 is due to the acquisition of Force in 
November 1996. The Company expects that R&D expenses will increase in 
absolute dollars in the future and may increase as a percentage of net 
sales as Force continues to invest in its R&D efforts and additional R&D 
projects are undertaken at certain of the Company's Asian sites.

Acquisition Costs

A one time charge for acquisition costs of approximately $4.0 million 
was incurred in fiscal 1997 as a result of the acquisition of Force 
Computers during the quarter ended November 30, 1996.  

Net Interest Income (Expense)

Net interest income was $0.2 million and $0.3 million, respectively, for 
the three- and six-month periods of fiscal 1998 compared to $1.4 million 
and $0.8 million, respectively, for the fiscal 1997 periods. Interest 
expense on the Company's long-term debt is approximately $6.2 million 
per quarter and has been offset by interest earned on undeployed cash 
and investments. In the first half of fiscal 1998, the Company 
capitalized approximately $450,000 of interest expense related to the 
construction of its new facilities in Mexico and China. Solectron 
expects to utilize more of the undeployed cash during fiscal 1998 in 
order to fund anticipated future growth. See "Trends and Uncertainties -
- Management of Growth," and "Potential Fluctuations in Operating 
Results."

                               14

<PAGE>
Income Taxes

Income taxes increased to $47.2 million in the first half of fiscal 1998 
from $35.6 million in the fiscal 1997 period primarily due to increased 
income before income taxes. Solectron's effective income tax rate 
decreased slightly to 33.5% in the fiscal 1998 period from 34% in fiscal 
1997.

In general, the effective income tax rate is largely a function of the 
balance between income from domestic and international operations. 
Solectron's international operations, taken as a whole, have been taxed 
at a lower rate than in the United States, primarily due to the tax 
holiday granted to the Company's Penang, Malaysia site. The Malaysian 
tax holiday is effective through January 31, 2002, subject to certain 
conditions. The Company has also been granted various tax holidays in 
China, which are effective for various terms and are subject to certain 
conditions.

Liquidity and Capital Resources

Working capital was $979 million at February 28, 1998 compared to $932 
million at the end of fiscal 1997. A major component of working capital 
at February 28, 1998 continues to be undeployed cash from the proceeds 
of the two debt offerings during fiscal 1996. Approximately $100 million 
of these funds is expected to be used in the third quarter of fiscal 
1998 to complete the purchase of the NCR operations. As Solectron 
continues to grow, it is expected that the Company will require greater 
amounts of working capital to support its operations. The Company 
believes that its current level of working capital together with cash 
generated from operations and the Company's available credit facilities 
will provide adequate working capital for the foreseeable future.

Inventory levels fluctuate directly with the volume of the Company's 
manufacturing.  Changes or significant fluctuations in product market 
demands can cause fluctuations in inventory levels which may result in 
changes in levels of inventory turns and liquidity.  Historically, the 
Company has been able to manage its inventory levels with regard to 
these fluctuations.  However, should material fluctuations occur in 
product demand, the Company could experience slower turns and reduced 
liquidity. 

In the first half of fiscal 1998, the Company invested approximately 
$144 million in capital expenditures. A large portion of these 
expenditures related to the purchase of new equipment, primarily surface 
mount assembly and test equipment, to meet current and expected 
production levels, as well as to replace or upgrade older equipment that 
was retired or sold. Significant expenditures were also made for the 
acquisition of land and buildings for the Company's new manufacturing 
sites, principally in China, Mexico and Brazil. The Company expects 
total capital expenditures in fiscal 1998 to be in the range of $160 
million to $200 million. In the second quarter of fiscal 1998, the 
Company entered into an arrangement with a third-party leasing company 
under which certain of the Company's fixed assets have been sold to the 
leasing company and leased back. The Company is accounting for these as 
operating leases.

In addition to working capital as of February 28, 1998, which includes 
cash and cash equivalents of $143 million and short-term investments of 
$283 million, the Company has available a $100 million unsecured 
multicurrency revolving credit facility and a $120 million asset 
securitization arrangement. Both of these facilities are subject to 

                                 15

<PAGE>
financial covenants. The Company also has approximately $73.8 million in 
available foreign credit facilities.

Trends and Uncertainties

Customer Concentration; Dependence on the Electronics Industry

In the first half of fiscal 1998 and for the full years of fiscal 1997, 
1996 and 1995, the Company's ten largest customers accounted for at 
least 64% of consolidated net sales.  The Company is dependent upon 
continued revenues from its top ten customers.  Any material delay, 
cancellation or reduction of orders from these or other significant 
customers could have an adverse material effect on the Company's results 
of operations. During the first half of fiscal 1998, HP accounted for 
14.6% of net sales compared to 14.0% during the same period of fiscal 
1997.  There can be no assurance that the Company will continue to do 
business with HP or any other customer.

The percentage of the Company's sales to its major customers may 
fluctuate from period to period.  Significant reductions in sales to any 
of these customers would have an adverse material effect on the 
Company's results of operations.  The Company has no firm long-term 
volume purchase commitments from its customers, and over the past few 
years has experienced reduced lead-times in customer orders. In 
addition, customer contracts can be canceled and volume levels can be 
changed or delayed.  The timely replacement of canceled, delayed or 
reduced contracts with new business cannot be assured.  These risks are 
increased because a majority of the Company's sales are to customers in 
the electronics industry, which is subject to rapid technological change 
and product obsolescence.  The factors affecting the electronics 
industry in general, or any of the Company's major customers in 
particular, could have an adverse material effect on the Company's 
results of operations.

There can be no assurance that sales to customers within any particular 
market segment will not experience decreases which could have an adverse 
effect on the Company's sales.

Management of Growth; Geographic Expansion

The Company has experienced substantial growth over the last five fiscal 
years, with net sales increasing from $836 million in fiscal 1993 to 
$3.7 billion in fiscal year 1997.  In recent years, the Company has 
acquired or established facilities in many locations. In the first 
quarter of fiscal 1998, the Company announced the opening of its 
Asia/Pacific headquarters office in Taipei, Taiwan; began operations in 
Guadalajara, Mexico; and, as further discussed in "Partnership with 
Ericsson and Related Transactions," established a manufacturing facility 
near Sao Paulo, Brazil, and opened a New Product Introduction center in 
Sweden. In addition, in December 1997, the Company announced its 
intention to acquire certain manufacturing facilities and employees from 
NCR. (See "Pending Acquisition of NCR Operations.") During fiscal 1997, 
the Company announced the establishment of new manufacturing facilities 
in Suzhou, China; began operations at its manufacturing facility in 
Westborough, Massachusetts; and, in November 1996, acquired Force 
Computers Inc., which has operations in California and Germany. The 
Company continually evaluates growth and acquisition opportunities and 
may pursue additional opportunities over time.  There can be no 
assurance that the Company's historical revenue growth will continue or 
that the Company will successfully manage the facilities in China and 
Mexico, the partnership with and acquisitions from Ericsson, the 

                                16

<PAGE>
proposed acquisition from NCR or any other business it may acquire in 
the future.  As the Company manages its existing operations and expands 
geographically, it may experience certain inefficiencies as it 
integrates new operations and manages geographically dispersed 
operations.  In addition, the Company's results of operations could be 
adversely affected if its new facilities do not achieve growth 
sufficient to offset increased expenditures associated with geographic 
expansion. The Company's expenses and working capital requirements will 
continue to increase as the new facilities become fully operational and 
the transactions with Ericsson and NCR are completed.  Should the 
Company increase its expenditures in anticipation of a future level of 
sales which does not materialize, its profitability would be adversely 
affected.  On occasion, customers may require rapid increases in 
production which can place an excessive burden on the Company's 
resources.  

Partnership with Ericsson and Related Transactions

During 1997, the Company established a strategic, global manufacturing 
partnership with Ericsson Telecom AB's Business Area Infocom Systems 
(Ericsson). The Company has established a New Product Introduction 
center in Norrkoping and Stockholm, Sweden, and production from certain 
Ericsson plants worldwide has been transferred to Solectron 
manufacturing sites around the world. In October 1997, Solectron 
acquired certain assets, primarily equipment and inventory, of 
Ericsson's printed circuit board assembly operation located in Brazil. 
In addition, Solectron's subsidiary, Solectron Brasil Ltda., hired 
approximately 370 persons formerly employed by Ericsson Telecomunicacoes 
S.A. in Brazil. Under the terms of the agreement, Ericsson will contract 
for Solectron's services from Solectron Brasil Ltda. through September 
1999. Thereafter, Solectron will bear the risk of filling the 
manufacturing capacity at the site with renewed business from Ericsson 
or new business from other customers.

The transactions with Ericsson entail a number of risks, including 
successfully managing the integration of the operations, retention of 
key employees, integrating purchasing operations and information 
systems, managing an increasingly larger and more geographically 
disparate business and renewing the Ericsson business or replacing it 
with new business after expiration of the Ericsson commitment.  In 
addition, the completion of the transactions with Ericsson will increase 
Solectron's expenses and working capital requirements and there is no 
assurance that Solectron will achieve sufficient revenue to offset the 
increased expenses.  There can be no assurance that Solectron will 
successfully manage the risks of these transactions.

Pending Acquisition of NCR Operations

On April 2, 1998, the Company announced that it had signed an asset 
purchase agreement with NCR under which Solectron will acquire NCR's 
manufacturing assets in three cities, two in the United States and one 
in Ireland, for approximately $100 million. If the transaction is 
completed, Solectron will hire approximately 1,200 NCR manufacturing and 
related support employees currently employed at these locations. Under 
the terms of the agreement, NCR will outsource the manufacturing of its 
computer and retail products to Solectron for at least five years. 
Thereafter, Solectron will bear the risk of filling the manufacturing 
capacity at the site with renewed business from NCR or new business from 
other customers. The transaction is expected to close in the Company's 
third fiscal quarter of 1998. Completion of the transaction is subject 
to applicable government approvals and various conditions of closing.

                                17

<PAGE>
The transaction with NCR entails a number of risks, including 
successfully managing the integration of the operations, retention of 
key employees, integrating purchasing operations and information 
systems, managing an increasingly larger and more geographically 
disparate business, obtaining customers other than NCR for these 
facilities and renewing the NCR business or replacing it with new 
business after expiration of the NCR commitment.  In addition, the 
completion of the transactions with NCR will increase Solectron's 
expenses and working capital requirements and there is no assurance that 
Solectron will achieve sufficient revenue to offset the increased 
expenses.  There can be no assurance the transaction will close or that 
Solectron will successfully manage the risks of this transaction.

International Operations

As a result of its international sales and facilities, the Company's 
operations are subject to risks of doing business abroad, including but 
not limited to, fluctuations in the value of currency, export duties, 
changes to import and export regulations (including quotas), possible 
restrictions on the transfer of funds, employee turnover, labor unrest, 
longer payment cycles, greater difficulty in collecting accounts 
receivable, the burdens and costs of compliance with a variety of 
foreign laws and, in certain parts of the world, political instability. 
While to date these factors have not had an adverse material impact on 
the Company's results of operations, there can be no assurance that 
there will not be such an impact in the future.

Southeast Asia is currently experiencing currency, economic and 
political instability. To date, the Company's operations have not 
experienced any significant adverse effects from this instability. 
However, to the extent the Company's worldwide customers sell the 
products manufactured by Solectron into the Southeast Asia market, the 
customer's sales may be adversely affected, which could decrease demand 
for the Company's manufacturing services. The Company cannot predict 
whether such a decrease in demand will materialize and if it does, 
whether it will have an adverse material effect on the Company's results 
of operations.

The Company has been granted a tax holiday for its Penang, Malaysia site 
which is effective through January 31, 2002, subject to certain 
conditions.  The Company has also been granted various tax holidays in 
China.  These tax holidays are effective for various terms and are 
subject to certain conditions.  There is no assurance that any future 
tax holidays that the Company may seek will be granted.  If additional 
tax holidays are not granted in the future, the Company's effective 
income tax rate would likely increase.

Availability of Components

A substantial portion of the Company's net sales are derived from 
turnkey manufacturing in which the Company provides both materials 
procurement and assembly.  In turnkey manufacturing, the Company 
potentially bears the risk of component price increases, which could 
adversely affect the Company's gross profit margins.  At various times 
there have been shortages of components in the electronics industry.  If 
significant shortages of components should occur, the Company may be 
forced to delay manufacturing and shipments, which could have an adverse 
material effect on the Company's results of operations.

                             18

<PAGE>
Potential Fluctuations in Operating Results

The Company's operating results are affected by a number of factors, 
including the mix of turnkey and consignment projects, capacity 
utilization, price competition, the degree of automation that can be 
used in the assembly process, the efficiencies that can be achieved by 
the Company in managing inventories and fixed assets, the timing of 
orders from major customers, fluctuations in demand for customer 
products, the timing of expenditures in anticipation of increased sales, 
customer product delivery requirements and increased costs and shortages 
of components or labor. Turnkey manufacturing currently represents a 
substantial portion of Solectron's sales. Turnkey projects, in which 
Solectron procures some or all of the components necessary for 
production, typically generate higher net sales and higher gross profits 
with lower gross profit percentages than consignment projects due to the 
inclusion in Solectron's operating results of sales and costs associated 
with the purchase and sale of components. Solectron assembles products 
with varying degrees of material content, which may cause Solectron's 
gross margin to fluctuate. In addition, the degree of startup costs and 
inefficiencies associated with new sites and new customer projects may 
affect Solectron's gross margin. All of these factors can cause 
fluctuations in the Company's operating results.

Competition

The electronics assembly and manufacturing industry is comprised of a 
large number of companies, several of which have achieved substantial 
market share.  The Company also faces competition from current and 
prospective customers which evaluate Solectron's capabilities against 
the merits of manufacturing products internally.  Solectron competes 
with different companies depending on the type of service or geographic 
area.  Certain of the Company's competitors may have greater 
manufacturing, financial, research and development and marketing 
resources than the Company.  The Company believes that the primary basis 
of competition in its targeted markets is manufacturing technology, 
quality, responsiveness, the provision of value-added services and 
price.  To be competitive, the Company must provide technologically 
advanced manufacturing services, high product quality levels, flexible 
delivery schedules and reliable delivery of finished products on a 
timely and price competitive basis.  The Company currently may be at a 
competitive disadvantage as to price when compared to manufacturers with 
lower cost structures, particularly with respect to manufacturers with a 
greater number of established facilities where labor costs are lower.

Intellectual Property Protection

The Company's ability to compete may be affected by its ability to 
protect its proprietary information.  The Company holds a limited number 
of U.S. patents related to the process and equipment used in its surface 
mount technology. In addition, the Company's subsidiary, Force 
Computers, holds a number of patents related to VME technology. The 
Company believes these patents are valuable.  However, there can be no 
assurance that these patents will provide meaningful protection for the 
Company's manufacturing process and equipment innovations or Force's 
technology.

There can be no assurance that third parties will not assert 
infringement claims against the Company or its customers in the future.  
In the event a third party does assert an infringement claim, the 
Company may be required to expend significant resources to develop a 
non-infringing manufacturing process or technology or to obtain licenses 

                              19

<PAGE>
to the manufacturing process or technology which is the subject of 
litigation.  There can be no assurance that the Company would be 
successful in such development or that any such licenses would be 
available on commercially acceptable terms, if at all. In addition, such 
litigation could be lengthy and costly and could have an adverse 
material effect on the Company's financial condition regardless of the 
outcome of such litigation.

Environmental Compliance

The Company is subject to a variety of environmental regulations 
relating to the use, storage, discharge and disposal of hazardous 
chemicals used during its manufacturing process.  Any failure by the 
Company to comply with present and future regulations could subject it 
to future liabilities or the suspension of production.  In addition, 
such regulations could restrict the Company's ability to expand its 
facilities or could require the Company to acquire costly equipment or 
to incur other significant expenses to comply with environmental 
regulations.

Dependence on Key Personnel and Skilled Employees

The Company's continued success depends to a large extent upon the 
efforts and abilities of key managerial and technical employees.  The 
loss of services of certain key personnel could have an adverse material 
effect on the Company.  The Company's business also depends upon its 
ability to continue to attract and retain senior managers and skilled 
employees.  Failure to do so could adversely affect the Company's 
operations.

"Year 2000" Issues

The Company is aware of the issues associated with the programming code 
in existing computer systems as the year 2000 approaches. The "Year 
2000" problem is pervasive and complex, as many computer systems will be 
affected in some way by the rollover of the two-digit year value to 00. 
Systems that do not properly recognize such data could generate 
erroneous information or cause a system to fail. The Year 2000 issue 
creates risk for the Company from unforeseen problems in its own 
computer systems and from third parties with whom the Company deals on 
financial transactions worldwide. Failures of the Company's and/or third 
parties' computer systems could have a material impact on the Company's 
ability to conduct its business. 

The Company has formed a worldwide task force that is currently 
analyzing the Company's computer systems to identify any potential Year 
2000 issues. Based on the results of this analysis, the task force will 
develop a strategy to address the issues and take appropriate corrective 
action. The Company has not yet determined the timetable or the cost 
related to achieving Year 2000 compliance.

Possible Volatility of Market Price of Common Stock

The trading price of the common stock is subject to significant 
fluctuations in response to variations in quarterly operating results, 
general conditions in the electronics industry and other factors.  In 
addition, the stock market is subject to price and volume fluctuations 
which affect the market price for many high technology companies in 
particular, and which often are unrelated to operating performance.

                              20

<PAGE>
ITEM 3.     QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

The primary objective of the Company's investment activities is to 
preserve principal while at the same time maximizing yields without 
significantly increasing risk. To achieve this objective, the Company 
maintains its portfolio of cash-equivalents and short-term investments 
in a variety of securities, including both government and corporate 
obligations, certificates of deposit and money market funds. 
Approximately 80% of the Company's portfolio matures in less than 6 
months. Because the Company's investments are diversified and of 
relatively short maturity, a hypothetical 10% increase in interest rates 
would not have a material effect on the Company's financial position.

The Company does not use derivative financial instruments for 
speculative purposes. Furthermore, it does not hedge its foreign 
currency denominated transactions in a manner that entirely offsets the 
effects of changes in foreign currency exchange rates. The Company uses 
foreign currency borrowings and foreign currency forward contracts to 
hedge a portion of the currency risks of transactions denominated in 
foreign currencies. Gains and losses on these foreign currency hedges 
are generally offset by corresponding losses and gains on the underlying 
transaction. In addition, the Company's international operations in many 
instances act as a natural hedge because both sales and operating 
expenses are denominated in local currency. Therefore, although an 
unfavorable change in the exchange rate of a foreign currency against 
the U.S. dollar will result in lower sales when translated to U.S. 
dollars, operating expenses will also be lower in these circumstances.

The Company's debt instruments are subject to fixed interest rates and, 
in the case of the convertible notes, to fixed conversion ratios into 
the Company's common stock. In addition, the amount of principal to be 
repaid at maturity is also fixed. Therefore, the Company is not subject 
to market risk from its debt instruments.

                                  21

<PAGE>
SOLECTRON CORPORATION AND SUBSIDIARIES



Part II.       OTHER INFORMATION

      Item 1:  Legal Proceedings

               None

      Item 2:  Changes in Securities

               None

      Item 3:  Defaults upon Senior Securities

               None

      Item 4:  Submission of Matters to a Vote of Security Holders

               (a)  The Company held its Annual Meeting of Stockholders 
                    on January 14, 1998.

               (b)  At the meeting, the following proposals received the 
                    votes listed below:
<TABLE>
<CAPTION>
                    <S>                          <C>
                    Proposal I:  Election of Directors

                      Dr. Koichi Nishimura       Votes for:  103,446,659
                                                 Votes withheld: 327,709

                      Dr. Winston H. Chen        Votes for:  103,444,694
                                                 Votes withheld: 329,674
 
                      Richard A. D'Amore         Votes for:  103,261,692
                                                 Votes withheld: 512,676

                      Charles A. Dickinson       Votes for:  103,425,244
                                                 Votes withheld: 349,124

                      Heinz Fridrich             Votes for:  103,440,051
                                                 Votes withheld: 334,317

                      Dr. Kenneth E. Haughton    Votes for:  103,436,346
                                                 Votes withheld: 338,022

                      Dr. Paul R. Low            Votes for:  103,200,038
                                                 Votes withheld: 574,330

                      Osamu Yamada               Votes for:  103,162,007
                                                 Votes withheld: 612,361
</TABLE>
                    Proposal II:  Approval of an amendment in the 
                    Company's Certificate of Incorporation to permit 
                    stockholders to take action by written consent in 
                    lieu of a meeting

                      Votes for:     87,749,029   
                      Votes against:    645,209
                      Abstentions:      641,021

                                     22

<PAGE>
                   Proposal III:  Ratification of the appointment of 
                   KPMG Peat Marwick LLP as independent accountants of 
                   the Company for the fiscal year ended August 31, 1997

                      Votes for:    102,877,994   
                      Votes against:    118,615 
                      Abstentions:      777,759


      Item 5:  Other Information

               None

      Item 6:  Exhibits and Reports on Form 8-K

               (a)  Exhibits

               27    Financial Data Schedule

               (b)  Reports on Form 8-K

               None

                                23

<PAGE>
SOLECTRON CORPORATION



SIGNATURE



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




                                     SOLECTRON CORPORATION
                                    (Registrant)





Date: April 9, 1998              By: /s/ Susan Wang
                                     ______________________
                                     Susan S. Wang
                                     Senior Vice President, Chief
                                     Financial Officer and Secretary
                                    (Principal Financial and 
                                     Accounting Officer)



                                 24