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U.S.-funded Firm Scores Booming Sales In ChinaThe Solectron (Suzhou) Technology Co., Ltd., funded by Solectron Corporation of the United States has recorded rocketing sales since it went into operation in 1997.The company is mainly engaged in assembling and testing of high-quality and high-value electronic equipment. Its sales volume increased by 20 times in 1998 over 1997, and again by 10 times in 1999 over 1998. The company has raised its total investment to 150 million U.S. dollars from the original 45 million U.S. dollars. Kent Chen, general manager of the company, said that apart from its state-of-the art technology and advanced internal management, his company has also benefited from highly qualified personnel in Suzhou. The Solectron Corporation, one of the world's top 500 companies, now has 40 production bases worldwide, with its total sales volume rising by 50 percent annually. Its sales last year amounted to 8. 39 billion U.S. dollars.
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