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

Before it's here, it's on the Bloomberg Terminal. LEARN MORE