Flextronics Hungary Announces Service Agreement Extension With Lenovo

August 21, 2012

Sarvar, Hungary, August 21, 2012 - Flextronics (NASDAQ: FLEX) today announced that Lenovo recently extended its service agreement with Flextronics in Hungary, as a result of its outstanding service and execution in regional product completion for Lenovo. In addition to the service extension, Flextronics received Lenovo's Quality Award for Outstanding Achievement and Sustained High Performance over the past two years.

In Hungary, Flextronics provides Lenovo with full customer solutions at its Product Completion Center (PCC) including the manufacturing, assembly and fulfillment of desktops, all-in-one products, workstations and servers for Lenovo's European clients.

"We are thrilled to extend our agreement with Lenovo and honored to have them as a partner," said Mike Dennison, president of Flextronics High Velocity Solutions. "We believe that the service expansion and quality award recognition, together underscores the value and competitive offering we provide Lenovo. On behalf of Flextronics, I would like to thank Lenovo for this extension. We look forward to a continued collaborative, successful partnership with them." 

Flextronics' PCC in Sarvar provides a unique and customized solution that combines Vendor Managed Inventory (VMI), Transportation Management System (TMS), IT and world class Configure-to-Order (CTO)/ Build-to-Order (BTO) services that address the market challenges of OEM customers for regional manufacturing and postponement alternatives.

About Flextronics 
Headquartered in Singapore (Singapore Reg. No. 199002645H), Flextronics is a leading Electronics Manufacturing Services (EMS) provider focused on delivering complete design, engineering and manufacturing services to aerospace and defense, automotive, computing, consumer, industrial, infrastructure, medical, clean tech and mobile OEMs. Flextronics helps customers design, build, ship and service electronics products through a network of facilities in 30 countries on four continents. This global presence provides design and engineering solutions that are combined with core electronics manufacturing and logistics services, and are vertically integrated with components technologies, to optimize customer operations by lowering costs and reducing time to market. For more information, please visit http://www.flextronics.com/.

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