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Table: Before and After


Flextronics' strategy changed fundamentally after the tech wreck:

BOOM

-- Increase contract-manufacturing business as quickly as possible by buying factories from companies like Nortel and Ericsson

-- Diversify into hot new sectors such as optical networking by investing in emerging technologies

BUST

-- Avoid acquiring new capacity, especially in high-cost countries

-- Be wary of plunging into unfamiliar new sectors and technologies


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