As filed with the Securities and Exchange Commission on February 2, 1995.
                                        Registration No. 33-______
=========================================================================
                           
                    SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C. 20549
                                  FORM S-8
             REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
                                        
                           SOLECTRON CORPORATION
               (Exact name of issuer as specified in its charter)
                                        
      CALIFORNIA                                           94-2447045
     (State or other jurisdiction                     (I.R.S. Employer
      of incorporation or                          Identification No.)
      organization)
                              777 Gibraltar Drive
                          Milpitas, California 95035 
                   (Address of principal executive offices)
             
                           1992 STOCK OPTION PLAN
                          (Full title of the plan)

                                Susan S. Wang
            Senior Vice President, Chief Financial Officer, and Secretary 
                             SOLECTRON CORPORATION
                        847 Gibraltar Drive, Building 5
                           Milpitas, California  95035
                               (408) 957-8500
             (Name, address and telephone number of agent for service)

                       Copy to:  Steven E. Bochner, Esq.
                      Wilson, Sonsini, Goodrich & Rosati 
                           Professional Corporation
                               650 Page Mill Road
                        Palo Alto, California 94306-1050
                                        
=========================================================================
                        CALCULATION OF REGISTRATION FEE

                           Proposed     Proposed
 Title of                  Maximum      Maximum
Securities     Amount      Offering     Aggregate    Amount of
  to be        to be      Price Per     Offering   Registration
Registered   Registered    Share(1)     Price(1)       Fee

  Common     2,000,000     $25.125     $50,250,000   $17,327.58
  Stock

_____________________
(1)   Estimated in accordance with Rule 457(h) solely for the purpose of 
computing the amount of the registration fee based on the prices of the 
Company's Common Stock as reported on the New York Stock Exchange as of 
January 30, 1995.
<PAGE>
                                     PART II
                                        
               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

       The Company hereby incorporates by reference in this Registration 
Statement the contents of the Company's earlier Registration Statement on Form 
S-8 (File # 33-75270).

    The  following  additional exhibits are hereby  enclosed  for filing:

    Exhibit
    Number

     4.1     1992 Stock Option Plan, as amended, together with form of Incentive
             and Nonstatutory Stock Option Agreements.
         
     5.1     Opinion of counsel as to legality of securities being registered.
         
    23.1    Consent of Independent Auditors.
                                       
    23.2    Consent of Counsel (contained in Exhibit 5.1).
    
    24.1    Power of Attorney .

<PAGE>
     SIGNATURES


      Pursuant to the requirements of the Securities Act  of  1933, the
Registrant, Solectron Corporation, a corporation organized and existing under
the laws of the State of California, certifies  that it  has  reasonable
grounds to believe that it  meets  all  of  the requirements  for  filing  on
Form S-8 and  has  duly  caused  this Registration  Statement  to  be  signed
on  its  behalf   by   the undersigned,  thereunto duly authorized, in the City
of  Milpitas, State of California, on this 30th day of January, 1995.

                                   SOLECTRON CORPORATION
                                     By:  /s/ Koichi Nishimura
                                          President and Chief Executive Officer


<PAGE>
Exhibit 24.1

     POWER OF ATTORNEY

      KNOW  ALL  PERSONS BY THESE PRESENTS, that each person  whose signature
appears below constitutes and appoints Koichi  Nishimura and  Susan S. Wang,
jointly and severally, his or her attorneys-infact, each with the power of 
substitution, for him or her in any and all capacities, to sign any amendments 
to this Registration Statement on Form S-8, and to file the same, with exhibits
thereto and other documents in connection therewith, with the Securities and  
Exchange Commission, hereby ratifying and confirming all that each of said 
attorneys-in-fact, or his or her substitute or substitutes, may do or cause to 
be done by virtue hereof.

      Pursuant to the requirements of the Securities Act  of  1933, this
Registration Statement has been signed below by the following persons in the
capacities and on the dates indicated.

Signature                         Title                 Date 
/s/ Koichi Nishimura      President, Chief
Koichi Nishimura          Executive Officer,        January 17, 1995
                          Director (Principal
                          Executive Officer)
                                       
/s/ Charles A. Dickinson
Charles A. Dickinson      Chairman of the Board,    January 17, 1995
                          President Solectron
                          Europe

/s/ Susan S. Wang         Senior Vice President,     
Susan S. Wang             Chief Financial Officer
                          and Secretary (Principal  January 17, 1995
                          Financial and Accounting
                          Officer)

/s/ Richard D'Amore
Richard A. D'Amore        Director                  January 17, 1995

/s/ Winston H. Chen
Winston H. Chen           Director                  January 17, 1995

/s/ Kenneth E. Haughton
Kenneth E. Haughton       Director                  January 17, 1995

/s/ W. Ferrell Sanders
W. Ferrell Sanders        Director                  January 17, 1995

/s/ Osamu Yamada
Osamu Yamada              Director                  January 17, 1995

/s/ Paul R. Low
Paul R. Low               Director                  January 17, 1995

<PAGE>
                        SECURITIES AND EXCHANGE COMMISSION

                              Washington, D.C. 20549

                        ---------------------------------
                                     EXHIBITS
                        ---------------------------------
                                        
                       Registration Statement on Form S-8

                              Solectron Corporation

                                 February 2, 1995



<PAGE>
     Exhibit Index

                                                                Sequentially
Exhibit                                                         Numbered
Number                                                          Page
4.1       1992 Stock Option Plan, as amended,
          together with form of Incentive and
          Nonstatutory Stock Option Agreements.

5.1       Opinion of counsel as to legality of
          securities being registered. 

23.1      Consent of Independent Auditors

23.2      Consent of Counsel (contained in
          Exhibit 5.1). 

24.1      Power of Attorney.
<PAGE>
Exhibit 4.1

     SOLECTRON CORPORATION

     AMENDED AND RESTATED 1992 STOCK OPTION PLAN


     1.   Purposes of the Plan.  The purposes of this Stock Option
Plan are:

     o    to attract and retain the best available personnel for
          positions of substantial responsibility,

     o    to provide additional incentive to Employees, Consultants
          and Outside Directors, and

     o    to promote the success of the Company's business.

Options granted under the Plan may be Incentive Stock Options or Nonstatutory
Stock Options, as determined by the Administrator at the time of grant.  The
Plan also provides for automatic grants of Nonstatutory Stock Options to 
Outside Directors.

     2.   Definitions.  As used herein, the following definitions
shall apply:

          (a)  "Administrator" means the Board or any of its Committees as 
shall be administering the Plan, in accordance with Section 4 of the Plan.

          (b)  "Applicable Laws" means the legal requirements relating to the
administration of stock option plans under state corporate and securities laws
and the Code.

          (c)  "Board" means the Board of Directors of the Company.

          (d)  "Code" means the Internal Revenue Code of 1986, as amended.

          (e)  "Committee"  means a Committee appointed by the Board in
accordance with Section 4 of the Plan.

          (f)  "Common Stock" means the Common Stock of the Company.

          (g)  "Company" means Solectron Corporation, a California corporation.

          (h)  "Consultant" means any person, including an advisor, engaged by
the Company or a Parent or Subsidiary to render services and who is compensated
for such services, provided that the term "Consultant" shall not include
Directors who are paid only a director's fee by the Company or who are not
compensated by the Company for their services as Directors.

          (i)  "Continuous Status as an Employee, Consultant or Director" means
that the employment, consulting or Outside Director relationship is not
interrupted or terminated by the Company, any Parent or Subsidiary.  Continuous
Status as an Employee, Consultant or Director shall not be considered
interrupted in the case of: (i) any leave of absence approved by the
Administrator, including sick leave, military leave, or any other personal
leave; provided, however, that for purposes of Incentive Stock Options, any 
such leave may not exceed ninety (90) days, unless reemployment upon the 
expiration of such leave is guaranteed by contract (including certain Company
policies) or statute; or (ii) transfers between locations of the Company or 
between the Company, its Parent, its Subsidiaries or its successor.

          (j)  "Director" means a member of the Board.

          (k)  "Disability" means total and permanent disability as defined in
Section 22(e)(3) of the Code.

          (l)  "Employee" means any person, including Officers and Directors,
employed by the Company or any Parent or Subsidiary of the Company.  Neither
service as a Director nor payment of a director's fee by the Company shall be
sufficient to constitute "employment" by the Company.

          (m)  "Exchange Act" means the Securities Exchange Act of 1934, as
amended.

          (n)  "Fair Market Value" means, as of any date, the value of Common
Stock determined as follows:

               (i)  If the Common Stock is listed on any estab lished stock
exchange or a national market system, including without limitation the New York
Stock Exchange, the Fair Market Value of a Share of Common Stock shall be the
closing sales price for such stock (or the closing bid, if no sales were
reported) as quoted on such system or exchange (or the exchange with the
greatest volume of trading in Common Stock) on the date of grant of the Option,
as reported in The Wall Street Journal or such other source as the 
Administrator deems reliable;

               (ii) If the Common Stock is quoted on the NASDAQ System (but not
on the National Market System thereof) or is regularly quoted by a recognized
securities dealer but selling prices are not reported, the Fair Market Value of
a Share of Common Stock shall be the mean between the high bid and low asked
prices for the Common Stock on the date of grant of the Option, as reported in
The Wall Street Journal or such other source as the Administrator deems
reliable;

               (iii)In the absence of an established market for the Common
Stock, the Fair Market Value shall be determined in good faith by the
Administrator.

          (o)  "Incentive Stock Option" means an Option intended to qualify as
an incentive stock option within the meaning of
Section 422 of the Code and the regulations promulgated thereunder.

          (p)  "Nonstatutory Stock Option" means an Option not intended to
qualify as an Incentive Stock Option.

          (q)  "Notice of Grant" means a written notice evidencing certain terms
and conditions of an individual Option grant.  The Notice of Grant is part of
the Option Agreement.

          (r)  "Officer" means a person who is an officer of the Company within
the meaning of Section 16 of the Exchange Act and the rules and regulations
promulgated thereunder.

          (s)  "Option" means a stock option granted pursuant to the Plan.

          (t)  "Option Agreement" means a written agreement between the Company
and an Optionee evidencing the terms and conditions of an individual Option
grant.  The Option Agreement is subject to the terms and conditions of the Plan.

          (u)  "Optioned Stock" means the Common Stock subject to an Option.

          (v)  "Optionee" means an Employee or Consultant who holds an
outstanding Option.

          (w)  "Outside Director" shall mean a member of the Board of Directors
of the Company who is not an Employee or a Consultant.

          (x)  "Parent" means a "parent corporation", whether now or hereafter
existing, as defined in Section 424(e) of the Code.

          (y)  "Plan" means this Solectron Corporation 1992 Stock Option Plan.

          (z)  "Rule 16b-3" means Rule 16b-3 of the Exchange Act or any
successor to Rule 16b-3, as in effect when discretion is being exercised with
respect to the Plan.

          (aa) "Share" means a share of the Common Stock, as adjusted in
accordance with Section 12 of the Plan.

          (bb) "Subsidiary" means a "subsidiary corporation", whether now or
hereafter existing, as defined in Section 424(f) of the Code.

     3.   Stock Subject to the Plan.  Subject to the provisions of
Section 12 of the Plan, the maximum aggregate number of Shares which may be
optioned and sold under the Plan is 6,000,000 Shares of Common Stock.  The
Shares may be authorized, but unissued, or reacquired Common Stock.  However,
should the Company reacquire Shares which were issued pursuant to the exercise
of an Option, such Shares shall not become available for future grant under the
Plan.

          If an Option expires or becomes unexercisable without having been
exercised in full, the unpurchased Shares which were subject thereto shall
become available for future grant under the Plan (unless the Plan has
terminated).

     4.   Administration of the Plan.

          (a)  Procedure.

               (i)  Multiple Administrative Bodies.  If permitted
by Rule 16b-3, the Plan may be administered by different bodies with respect to
Directors, Officers who are not Directors, and Employees who are neither
Directors nor Officers.

               (ii) Administration With Respect to Directors and Officers 
Subject to Section 16(b).  With respect to Option grants made to Employees who 
are also Officers or Directors subject to Section 16(b) of the Exchange Act, 
the Plan shall be administered by (A) the Board, if the Board may administer 
the Plan in compliance with the rules governing a plan intended to qualify as a
discretionary plan under Rule 16b-3, or (B) a committee designated by the Board
to administer the Plan, which committee shall be constituted to comply with the
rules governing a plan intended to qualify as a discretionary plan under Rule 
16b-3.  Once appointed, such Committee shall continue to serve in its 
designated capacity until otherwise directed by the Board.  From time to time 
the Board may increase the size of the Committee and appoint additional 
members, remove members (with or without cause) and substitute new members, 
fill vacancies (however caused), and remove all members of the Committee and 
thereafter directly administer the Plan, all to the extent permitted by the 
rules governing a plan intended to qualify as a discretionary plan under Rule 
16b-3.

               (iii)Administration With Respect to Other Persons. With respect
to Option grants made to Employees or Consultants who are neither Directors nor
Officers of the Company, the Plan shall be administered by (A) the Board or (B)
a committee designated by the Board, which committee shall be constituted to
satisfy Applicable Laws.  Once appointed, such Committee shall serve in its
designated capacity until otherwise directed by the Board.  The Board may
increase the size of the Committee and appoint additional members, remove
members (with or without cause) and substitute new members, fill vacancies
(however caused), and remove all members of the Committee and thereafter
directly administer the Plan, all to the extent permitted by Applicable Laws.
       
          (b)  Powers of the Administrator.  Subject to the provisions of the
Plan, and in the case of a Committee, subject to the specific duties delegated
by the Board to such Committee, the Administrator shall have the authority, in
its discretion:

               (i)  to determine the Fair Market Value of the Common Stock, in
accordance with Section 2(n) of the Plan;

               (ii) to select the Consultants and Employees to whom Options may
be granted hereunder;

               (iii)to determine whether and to what extent Options are granted
hereunder;

               (iv) to determine the number of shares of Common Stock to be
covered by each Option granted hereunder;

               (v)  to approve forms of agreement for use under the Plan;

               (vi) to determine the terms and conditions, not inconsistent 
with the terms of the Plan, of any award granted hereunder.  Such terms and
conditions may include, but are not limited to, the exercise price, the time or
times when Options may be exercised (which may be based on performance
criteria), any vesting acceleration or waiver of forfeiture restrictions, and
any restriction or limitation regarding any Option or the shares of Common 
Stock relating thereto, based in each case on such factors as the 
Administrator, in its sole discretion, shall determine;

               (vii)to determine whether, to what extent and under what
circumstances Common Stock and other amounts payable with respect to an award
under this Plan shall be deferred either automatically or at the election of 
the participant (including providing for and determining the amount (if any) of
any deemed earnings on any deferred amount during any deferral period);

               (viii)    to reduce the exercise price of any
Option to the then current Fair Market Value if the Fair Market Value of the
Common Stock covered by such Option shall have declined since the date the
Option was granted;

               (ix) to construe and interpret the terms of the Plan;

               (x)  to prescribe, amend and rescind rules and regulations
relating to the Plan;

               (xi) to modify or amend each Option (subject to Section 14(c) of
the Plan);

               (xii)to authorize any person to execute on behalf of the Company
any instrument required to effect the grant of an Option previously granted by
the Administrator;

               (xiii)    to determine the terms and restrictions applicable to
Options; and

               (xiv)to make all other determinations deemed necessary or
advisable for administering the Plan.

          (c)  Effect of Administrator's Decision.  The Administrator's
decisions, determinations and interpretations shall be final and binding on all
Optionees and any other holders of Options.

     5.   Eligibility.

          (a)  Options may be granted to Employees, Consultants and Outside
Directors provided that (i) Incentive Stock Options may only be granted to
Employees and (ii) Options may only be granted to Outside Directors in
accordance with the provisions of Sec tion 5(b) hereof.  Each Option shall be
designated in the written option agreement as either an Incentive Stock Option
or a Nonstatutory Stock Option.  Subject to Section 5(b) with respect to 
Outside Directors, an Employee, Consultant or Outside Director who has been 
granted an option may, if such Employee, Consultant or Outside Director is 
otherwise eligible, be granted additional Option(s).

          (b)  The provisions set forth in this Section 5(b) shall not be
amended more than once every six months, other than to comport with changes in
the Code, the Employee Retirement Income Security Act of 1974, as amended, or
the rules thereunder.  All grants of Options to Outside Directors under this
Plan shall be automatic and non-discretionary and shall be made strictly in
accordance with the following provisions:

               (i)  No person shall have any discretion to select which Outside
Directors shall be granted Options or to determine the number of shares to be
covered by Options granted to Outside Directors; provided, however, that 
nothing in this Plan shall be construed to prevent an Outside Director from 
declining to receive an Option under this Plan.

               (ii) Beginning on December 1, 1993, and on the first day of
December of each succeeding fiscal year of the Company
occurring during the life of the Plan, each Outside Director who was an Outside
Director on or before the last day of the first quarter of the fiscal year of
the Company just ended shall be automatically granted an Option to purchase six
thousand (6,000) Shares, decreased or increased as provided in Section 12
hereof.
                    An Outside Director who was not an Outside Director on or
before the last day of the first quarter of the fiscal year of the Company just
ended shall receive a pro rated portion of the automatic option grant 
(decreased or increased as provided in Section 12 hereof).  Such pro rated 
grant shall be calculated according to the number of quarters of service in the
just ended fiscal year of the Company.  For the purposes of this calculation, 
service for only a portion of the quarter shall be deemed service for the whole
quarter. For example, an Outside Director with one and one-half quarters of 
service in the just ended fiscal year of the Company will receive credit for 
two quarters of service and accordingly will receive a grant of three thousand
(3,000) Shares (decreased or increased as provided in Section 12 hereof).

               (iii)The terms of an Option granted pursuant to this Section 
5(b) shall be as follows:

                    (A)  the term of the Option shall be five (5) years;

                    (B)  except as provided in Section 10 of this Plan, the
               Option shall be exercisable only while the Outside Director
               remains a director;

                    (C)  the exercise price per share of Common Stock shall be
               100% of the Fair Market Value on the date of grant of the Option;

                    (D)  the Option shall become exercisable in installments
               cumulatively with respect to one twelfth (1/12th) of the 
               Optioned Stock on the first day of each month following the date
               of grant; provided, however, that in no event shall any Option 
               be exercisable prior to obtaining shareholder approval of the 
               Plan.

     6.   Limitations.

          (a)  Each Option shall be designated in the Notice of Grant as either
an Incentive Stock Option or a Nonstatutory Stock Option.  However,
notwithstanding such designations, to the extent that the aggregate Fair Market
Value of Shares subject to an Optionee's incentive stock options granted by the
Company, any Parent or Subsidiary, which become exercisable for the first time
during any calendar year (under all plans of the Company or any Parent or
Subsidiary) exceeds $100,000, such excess Options shall be treated as
Nonstatutory Stock Options.  For purposes of this Section 6(a), incentive stock
options shall be taken into account in the order in which they were granted, 
and the Fair Market Value of the Shares shall be determined as of the time of 
grant.

          (b)  Neither the Plan nor any Option shall confer upon an Optionee 
any right with respect to continuing the Optionee's employment, consulting or
Director relationship with the Company, nor shall they interfere in any way 
with the Optionee's right or the Company's right to terminate such relationship
at any time, with or without cause.

          (c)  The following limitations shall apply to grants of
Options to Employees:

               (i)  No Employee shall be granted, in any fiscal year of the
Company, Options to purchase more than 750,000 Shares.

               (ii) The foregoing limitations shall be adjusted proportionately
in connection with any change in the Company's capitalization as described in
Section 12.

               (iii)If an Option is cancelled in the same fiscal year of the
Company in which it was granted (other than in connection with a transaction
described in Section 12), the cancelled Option will be counted against the 
limit set forth in Section 6(c)(i).  For this purpose, if the exercise price of
an Option is reduced, the transaction will be treated as a cancellation of the
Option and the grant of a new Option.

     7.   Term of Plan.  Subject to Section 18 of the Plan, the
Plan shall become effective as of October 22, 1992.  It shall continue in 
effect for a term of ten (10) years unless terminated earlier under Section 14 
of the Plan.

     8.   Term of Option.  The term of each Option shall be stated
in the Notice of Grant; provided, however, that in the case of an Incentive
Stock Option, the term shall be ten (10) years from the date of grant or such
shorter term as may be provided in the Notice of Grant.  However, in the case 
of an Incentive Stock Option granted to an Optionee who, at the time the 
Incentive Stock Option is granted, owns stock representing more than ten 
percent (10%) of the voting power of all classes of stock of the Company or any
Parent or Subsidiary, the term of the Incentive Stock Option shall be five (5)
years from the date of grant or such shorter term as may be provided in the 
Notice of Grant.

     9.   Option Exercise Price and Consideration.

          (a)  Exercise Price.  The per share exercise price for the Shares to
be issued pursuant to exercise of an Option shall be determined by the
Administrator, subject to the following:

               (i)  In the case of an Incentive Stock Option

                    (A)  granted to an Employee who, at the time the Incentive
Stock Option is granted, owns stock representing more than ten percent (10%) of
the voting power of all classes of stock of the Company or any Parent or
Subsidiary, the per Share exercise price shall be no less than 110% of the Fair
Market Value per Share on the date of grant.

                    (B)  granted to any Employee, the per Share exercise price
shall be no less than 100% of the Fair Market Value per Share on the date of
grant.

               (ii) In the case of a Nonstatutory Stock Option, the per Share
exercise price may be less than 100%, but shall be no less than 85%, of the 
Fair Market Value per Share on the date of grant, if the Administrator 
determines that a discount from the Fair Market Value is appropriate in lieu of
the payment of a reasonable amount of salary or cash bonus to the Optionee.

          (b)  Waiting Period and Exercise Dates.  At the time an Option is
granted, the Administrator shall fix the period within which the Option may be
exercised and shall determine any con ditions which must be satisfied before 
the Option may be exercised. In so doing, the Administrator may specify that an
Option may not be exercised until the completion of a service period.

          (c)  Form of Consideration.  The Administrator shall determine the
acceptable form of consideration for exercising an Option, including the method
of payment.  In the case of an Incentive Stock Option, the Administrator shall
determine the acceptable form of consideration at the time of grant.  Such
consideration may consist of:

               (i)  cash;

               (ii) check;

               (iii)promissory note;

               (iv) other Shares which (A) in the case of Shares acquired upon
exercise of an option, have been owned by the Optionee for more than six months
on the date of surrender, and (B) have a Fair Market Value on the date of
surrender equal to the aggregate exercise price of the Shares as to which said
Option shall be exercised;

               (v)  delivery of a properly executed exercise notice together
with irrevocable instructions to a broker to promptly deliver to the Company 
the amount of sale or loan proceeds required to pay the exercise price;

               (vi) any combination of the foregoing methods of payment; or

               (vii)such other consideration and method of payment for the
issuance of Shares to the extent permitted by Applicable Laws.

     10.  Exercise of Option.

          (a)  Procedure for Exercise; Rights as a Shareholder. Any Option
granted hereunder shall be exercisable according to the terms of the Plan and 
at such times and under such conditions as determined by the Administrator and
set forth in the Option Agreement.

               An Option may not be exercised for a fraction of a Share.

               An Option shall be deemed exercised when the Company receives:
(i) written notice of exercise (in accordance with the Option Agreement) from
the person entitled to exercise the Option, and (ii) full payment for the 
Shares with respect to which the Option is exercised.  Full payment may consist
of any consideration and method of payment authorized by the Administrator and
permitted by the Option Agreement and the Plan.  Shares issued upon exercise of
an Option shall be issued in the name of the Optionee or, if requested by the
Optionee, in the name of the Optionee and his or her spouse.

               Until the stock certificate evidencing such Shares is issued (as
evidenced by the appropriate entry on the books of the Company or of a duly
authorized transfer agent of the Company), no right to vote or receive 
dividends or any other rights as a shareholder shall exist with respect to the 
Optioned Stock, notwithstanding the exercise of the Option.  The Company shall 
issue (or cause to be issued) such stock certificate promptly after the Option 
is exercised.  No adjustment will be made for a dividend or other right for 
which the record date is prior to the date the stock certificate is issued, 
except as provided in Section 12 of the Plan.

               Exercising an Option in any manner shall decrease the number of
Shares thereafter available, both for purposes of the Plan and for sale under
the Option, by the number of Shares as to which the Option is exercised.

          (b)  Termination of Employment, Consulting or Outside Director
Relationship.  In the event that an Optionee's Continuous Status as an 
Employee, Consultant or Outside Director terminates (other than upon the 
Optionee's death or Disability), the Optionee may exercise his or her Option, 
but only within thirty (30) days (or such other period of time not exceeding 
three (3) months as is determined by the Administrator), and only to the extent
that the Optionee was entitled to exercise it at the date of termination (but 
in no event later than the expiration of the term of such Option as set forth 
in the Notice of Grant).  If, at the date of termination, the Optionee is not 
entitled to exercise his or her entire Option, the Shares covered by the 
unexercisable portion of the Option shall revert to the Plan.  If, after 
termination, the Optionee does not exercise his or her Option within the time 
specified by the Administrator, the Option shall terminate, and the Shares 
covered by such Option shall revert to the Plan.

          (c)  Disability of Optionee.  In the event that an Optionee's
Continuous Status as an Employee, Consultant or Outside Director terminates as 
a result of the Optionee's Disability, the Optionee may exercise his or her 
Option at any time within six (6) months from the date of such termination, but
only to the extent that the Optionee was entitled to exercise it at the date of
such termination (but in no event later than the expiration of the term of such
Option as set forth in the Notice of Grant).  If, at the date of termination,
the Optionee is not entitled to exercise his or her entire Option, the Shares
covered by the unexercisable portion of the Option shall revert to the Plan.
If, after termina tion, the Optionee does not exercise his or her Option within
the time specified herein, the Option shall terminate, and the Shares covered 
by such Option shall revert to the Plan.

          (d)  Death of Optionee.  In the event of the death of an Optionee, 
the Option may be exercised at any time within six (6) months following the 
date of death (but in no event later than the expiration of the term of such 
Option as set forth in the Notice of Grant), by the Optionee's estate or by a 
person who acquired the right to exercise the Option by bequest or inheritance,
but only to the extent that the Optionee was entitled to exercise the Option at
the date of death.  If, at the time of death, the Optionee was not entitled to 
exercise his or her entire Option, the Shares covered by the unexercisable 
portion of the Option shall revert to the Plan.  If, after death, the 
Optionee's estate or a person who acquired the right to exercise the Option by 
bequest or inheritance does not exercise the Option within the time specified 
herein, the Option shall terminate, and the Shares covered by such Option shall
immediately revert to the Plan.

     11.  Non-Transferability of Options.  An Option may not be sold, pledged,
assigned, hypothecated, transferred, or disposed of in any manner other than by
will or by the laws of descent or distribution and may be exercised, during the
lifetime of the Optionee, only by the Optionee.

     12.  Adjustments Upon Changes in Capitalization, Dissolution, Merger, 
          Asset Sale or Change of Control.
          
          (a)  Changes in Capitalization. Subject to any required action by the
shareholders of the Company, the number of shares of Common Stock covered by 
each outstanding Option, and the number of shares of Common Stock which have
been authorized for issuance under the Plan but as to which no Options have yet
been granted or which have been returned to the Plan upon cancellation or 
expiration of an Option, as well as the price per share of Common Stock covered
by each such outstanding Option, shall be proportionately adjusted for any 
increase or decrease in the number of issued shares of Common Stock resulting 
from a stock split, reverse stock split, stock dividend, combination or 
reclassification of the Common Stock, or any other increase or decrease in the 
number of issued shares of Common Stock effected without receipt of 
consideration by the Company; provided, however, that conversion of any 
convertible securities of the Company shall not be deemed to have been 
"effected without receipt of consideration." Such adjustment shall be made by
the Board, whose determination in that respect shall be final, binding and 
conclusive. Except as expressly provided herein, no issuance by the Company of
shares of stock of any class, or securities convertible into shares of stock of
any class, shall affect, and no adjustment by reason thereof shall be made with
respect to, the number or price of shares of Common Stock subject to an Option.

          (b)  Dissolution or Liquidation.  In the event of the proposed
dissolution or liquidation of the Company, to the extent that an Option has not
been previously exercised, it will terminate immediately prior to the
consummation of such proposed action.  The Board may, in the exercise of its
sole discretion in such instances, declare that any Option shall terminate as 
of a date fixed by the Board and give each Optionee the right to exercise his 
or her Option as to all or any part of the Optioned Stock, including Shares as
to which the Option would not otherwise be exercisable.

          (c)  Merger or Asset Sale.  In the event of a merger of the Company
with or into another corporation, or the sale of substantially all of the 
assets of the Company, each outstanding Option shall be assumed or an 
equivalent option shall be substituted by the successor corporation or a Parent
or Subsidiary of the successor corporation.  In the event that the successor 
corporation does not agree to assume the Option or to substitute an equivalent 
option or right, the Administrator shall, in lieu of such assumption or 
substitution, provide for the Optionee to have the right to exercise the Option
as to all of the Optioned Stock, including Shares as to which it would not 
otherwise be exercisable. If the Administrator makes an Option fully 
exercisable in lieu of assumption or substitution in the event of a merger or 
sale of assets, the Administrator shall notify the Optionee that the Option or 
shall be fully exercisable for a period of thirty (30) days from the date of 
such notice, and the Option will terminate upon the expiration of such period.
For the purposes of this paragraph, the Option shall be considered assumed if, 
following the merger or sale of assets, the option confers the right to 
purchase, for each Share of Optioned Stock subject to the Option immediately 
prior to the merger or sale of assets, the consideration (whether stock, cash, 
or other securities or property) received in the merger or sale of assets by 
holders of Common Stock for each Share held on the effective date of the 
transaction (and if holders were offered a choice of consideration, the type of
consideration chosen by the holders of a majority of the outstanding Shares); 
provided, however, that if such consideration received in the merger or sale of
assets was not solely common stock of the successor corporation or its Parent, 
the Administrator may, with the consent of the successor corporation and the 
participant, provide for the consideration to be received upon the exercise of
the Option, for each Share of Optioned Stock subject to the Option, to be 
solely common stock of the successor corporation or its Parent equal in Fair 
Market Value to the per share consideration received by holders of Common Stock
in the merger or sale of assets.

     13.  Date of Grant.  The date of grant of an Option shall be, for all
purposes, the date on which the Administrator makes the determination granting
such Option, or such other later date as is determined by the Administrator.
Notice of the determination shall be provided to each Optionee within a
reasonable time after the date of such grant.

     14.  Amendment and Termination of the Plan.

          (a)  Amendment and Termination.  The Board may at any time amend,
alter, suspend or terminate the Plan.

          (b)  Shareholder Approval.  The Company shall obtain shareholder
approval of any Plan amendment to the extent necessary and desirable to comply
with Rule 16b-3 or with Section 422 of the Code (or any successor rule or
statute or other applicable law, rule or regulation, including the requirements
of any exchange or quotation system on which the Common Stock is listed or
quoted). Such shareholder approval, if required, shall be obtained in such a
manner and to such a degree as is required by the applicable law, rule or
regulation.

          (c)  Effect of Amendment or Termination.  No amendment, alteration,
suspension or termination of the Plan shall impair the rights of any Optionee,
unless mutually agreed otherwise between the Optionee and the Administrator,
which agreement must be in writing and signed by the Optionee and the Company.

     15.  Conditions Upon Issuance of Shares.

          (a)  Legal Compliance.  Shares shall not be issued pursuant to the
exercise of an Option unless the exercise of such Option and the issuance and
delivery of such Shares shall comply with all relevant provisions of law,
including, without limitation, the Securities Act of 1933, as amended, the
Exchange Act, the rules and regulations promulgated thereunder, Applicable 
Laws, and the requirements of any stock exchange or quotation system upon which
the Shares may then be listed or quoted, and shall be further subject to the
approval of counsel for the Company with respect to such compliance.

          (b)  Investment Representations.  As a condition to the exercise of 
an Option, the Company may require the person exercising such Option to 
represent and warrant at the time of any such exercise that the Shares are 
being purchased only for investment and without any present intention to sell 
or distribute such Shares if, in the opinion of counsel for the Company, such a
representation is required.

     16.  Liability of Company.

          (a)  Inability to Obtain Authority.  The inability of the Company to
obtain authority from any regulatory body having juris diction, which authority
is deemed by the Company's counsel to be necessary to the lawful issuance and
sale of any Shares hereunder, shall relieve the Company of any liability in
respect of the failure to issue or sell such Shares as to which such requisite
authority shall not have been obtained.

          (b)  Grants Exceeding Allotted Shares.  If the Optioned Stock covered
by an Option exceeds, as of the date of grant, the number of Shares which may 
be issued under the Plan without additional shareholder approval, such Option 
shall be void with respect to such excess Optioned Stock, unless shareholder 
approval of an amendment sufficiently increasing the number of Shares subject 
to the Plan is timely obtained in accordance with Section 14(b) of the Plan.

     17.  Reservation of Shares.  The Company, during the term of this Plan,
will at all times reserve and keep available such number of Shares as shall be
sufficient to satisfy the requirements of the Plan.

     18.  Shareholder Approval.  Continuance of the Plan shall be subject to
approval by the shareholders of the Company within twelve (12) months before or
after the date the Plan is adopted. Such shareholder approval shall be obtained
in the manner and to the degree required under applicable federal and state law.
<PAGE>
     SOLECTRON CORPORATION
     
     1992 STOCK OPTION PLAN

     STOCK OPTION AGREEMENT

     Unless otherwise defined herein, the terms defined in the Plan shall have
the same defined meanings in this Option Agreement.

I.   NOTICE OF STOCK OPTION GRANT
Optionee's Name and Address:


           You have been granted an option to purchase Common Stock of
the Company, subject to the terms and conditions of the Plan and this Stock
Option Agreement, as follows:

     Date of Grant
     Vesting Commencement Date
     Exercise Price per Share      $
     Total Number of Shares Granted
     Total Exercise Price               $
     Type of Option:    Incentive Stock Option
                                  Nonstatutory Stock Option

               Term/Expiration Date:    _________________________
                                        
     Vesting Schedule:

              This Option may be exercised, in whole or in part, in
accordance with the following schedule:



     Termination Period:

     This Option may be exercised for thirty (30) days after termination of
employment or consulting relationship, or such longer period as may be
applicable upon death or Disability of Optionee as provided in the Plan, but in
no event later than the Term/Expiration Date as provided above.

II.  AGREEMENT

     1.   Grant of Option.  The Plan Administrator of the Company
hereby grants to the Optionee named in the Notice of Grant attached as Part I 
of this Agreement (the "Optionee"), an option (the "Option") to purchase a 
number of Shares, as set forth in the Notice of Grant, at the exercise price 
per share set forth in the Notice of Grant (the "Exercise Price"), subject to 
the terms and conditions of the Plan, which is incorporated herein by 
reference. Subject to Section 14(c) of the Plan, in the event of a conflict 
between the terms and conditions of the Plan and the terms and conditions of 
this Option Agreement, the terms and conditions of the Plan shall prevail.

          If designated in the Notice of Grant as an Incentive Stock Option,
this Option is intended to qualify as an Incentive Stock Option under Section
422 of the Code.

     2.   Exercise of Option.

          (a)  Right to Exercise.  This Option is exercisable during its term 
in accordance with the Vesting Schedule set out in the Notice of Grant and the
applicable provisions of the Plan and this Option Agreement.  In the event of
Optionee's death, Disability or other termination of Optionee's employment or
consulting relationship, the exercisability of the Option is governed by the
applicable provisions of the Plan and this Option Agreement.

          (b)  Method of Exercise.  This Option is exercisable by delivery of 
an exercise notice, in the form attached as Exhibit A (the "Exercise Notice"),
which shall state the election to exercise the Option, the number of Shares in
respect of which the Option is being exercised (the "Exercised Shares"), and
such other represen tations and agreements as may be required by the Company
pursuant to the provisions of the Plan.  Until the stock certificate evidencing
such Shares is issued (as evidenced by the appropriate entry on the books of 
the Company or of a duly authorized transfer agent of the Company), no right to
vote or receive dividends or any other rights as a shareholder shall exist with
respect to the Optioned Stock, notwithstanding the exercise of the Option.  The
Company shall issue (or cause to be issued) such stock certificate promptly
after the Option is exercised.  No adjustment will be made for a dividend or
other right for which the record date is prior to the date the stock 
certificate is issued, except as provided in Section 12 of the Plan.  The 
Exercise Notice shall be signed by the Optionee and shall be delivered in 
person or by certified mail to the Secretary of the Company.  The Exercise 
Notice shall be accompanied by payment of the aggregate Exercise Price as to 
all Exercised Shares.  This Option shall be deemed to be exercised upon receipt
by the Company of such fully executed Exercise Notice accompanied by such 
aggregate Exercise Price.

          No Shares shall be issued pursuant to the exercise of this Option
unless such issuance and exercise complies with all relevant provisions of law
and the requirements of any stock exchange upon which the Shares are then
listed.  Assuming such compliance, for income tax purposes the Exercised Shares
shall be considered transferred to the Optionee on the date the Option is
exercised with respect to such Exercised Shares.

           3.   Method of Payment.  Payment of the aggregate Exercise
Price shall be by any of the following, or a combination thereof, at the
election of the Optionee:

          (a)  cash; or

          (b)  check; or

          (c)  surrender of other Shares which (i) in the case of Shares
acquired upon exercise of an option, have been owned by the Optionee for more
than six (6) months on the date of surrender, and (ii) have a Fair Market Value
on the date of surrender equal to the aggregate Exercise Price of the Exercised
Shares; or

          (d)  delivery of a properly executed exercise notice together with
irrevocable instructions to a broker to promptly deliver to the Company the
amount of sale or loan proceeds required to pay the exercise price.

     4.   Non-Transferability of Option.  This Option may not be
transferred in any manner otherwise than by will or by the laws of descent or
distribution and may be exercised during the lifetime of Optionee only by the
Optionee.  The terms of the Plan and this Option Agreement shall be binding 
upon the executors, administrators, heirs, successors and assigns of the 
Optionee.

     5.   Term of Option.  This Option may be exercised only within
the term set out in the Notice of Grant, and may be exercised during such term
only in accordance with the Plan and the terms of this Option Agreement.

     6.   Tax Consequences.  Some of the federal tax consequences
relating to this Option, as of the date of this Option, are set forth below.
THIS SUMMARY IS NECESSARILY INCOMPLETE, AND THE TAX LAWS AND REGULATIONS ARE
SUBJECT TO CHANGE.  THE OPTIONEE SHOULD CONSULT A TAX ADVISER BEFORE EXERCISING
THIS OPTION OR DISPOSING OF THE SHARES.

          (a)  Exercising the Option.

               (i)  Nonqualified Stock Option ("NSO").  If this Option does not
qualify as an ISO, the Optionee may incur regular federal income tax liability
upon exercise.  The Optionee will be treated as having received compensation
income (taxable at ordinary income tax rates) equal to the excess, if any, of
the fair market value of the Exercised Shares on the date of exercise over 
their aggregate Exercise Price.  If the Optionee is an employee, the Company 
will be required to withhold from his or her compensation or collect from 
Optionee and pay to the applicable taxing authorities an amount equal to a 
percentage of this compensation income at the time of exercise.

               (ii) Incentive Stock Option ("ISO").  If this Option qualifies 
as an ISO, the Optionee will have no regular federal income tax liability upon 
its exercise, although the excess, if any, of the fair market value of the 
Exercised Shares on the date of exercise over their aggregate Exercise Price 
will be treated as an adjustment to the alternative minimum tax for federal tax
purposes and may subject the Optionee to alternative minimum tax in the year of
exercise.

          (b)  Disposition of Shares.

               (i)  NSO.  If the Optionee holds NSO Shares for at least one
year, any gain realized on disposition of the Shares will be treated as long-
term capital gain for federal income tax purposes.

               (ii) ISO.  If the Optionee holds ISO Shares for at least one 
year after exercise and two years after the grant date, any gain realized on 
disposition of the Shares will be treated as long-term capital gain for federal
income tax purposes.  If the Optionee disposes of ISO Shares within one year 
after exercise or two years after the grant date, any gain realized on such 
disposition will be treated as compensation income (taxable at ordinary income
rates) to the extent of the excess, if any, of the lesser of (A) the difference
between the fair market value of the Shares acquired on the date of exercise 
and the aggregate Exercise Price, or (B) the difference between the sale price 
of such Shares and the aggregate Exercise Price.

          (c)  Notice of Disqualifying Disposition of ISO Shares. If the
Optionee sells or otherwise disposes of any of the Shares acquired pursuant to
an ISO on or before the later of (i) two years after the grant date, or (ii) 
one year after the exercise date, the Optionee shall immediately notify the 
Company in writing of such disposition.  The Optionee agrees that he or she may
be subject to income tax withholding by the Company on the compensation income
recognized from such early disposition.

           OPTIONEE ACKNOWLEDGES AND AGREES THAT THE VESTING OF SHARES
PURSUANT TO THE OPTION HEREOF IS EARNED ONLY BY CONTINUING EMPLOYMENT AT THE
WILL OF THE COMPANY (NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED THIS
OPTION OR ACQUIRING SHARES HEREUNDER). OPTIONEE FURTHER ACKNOWLEDGES AND AGREES
THAT NOTHING IN THIS AGREEMENT, NOR IN THE COMPANY'S STOCK OPTION PLAN WHICH IS
INCORPORATED HEREIN BY REFERENCE, SHALL CONFER UPON OPTIONEE ANY RIGHT WITH
RESPECT TO CONTINUATION OF EMPLOYMENT BY THE COMPANY, NOR SHALL IT INTERFERE IN
ANY WAY WITH HIS OR HER RIGHT OR THE COMPANY'S RIGHT TO TERMINATE HIS 
EMPLOYMENT AT ANY TIME, WITH OR WITHOUT CAUSE.

     By your signature and the signature of the Company's representative below,
you and the Company agree that this Option is granted under and governed by the
terms and conditions of the Plan and this Option Agreement.  Optionee has
reviewed the Plan and this Option Agreement in their entirety, has had an
opportunity to obtain the advice of counsel prior to executing this Option Agree
ment and fully understands all provisions of the Plan and Option Agreement.
Optionee hereby agrees to accept as binding, conclusive and final all decisions
or interpretations of the Administrator upon any questions relating to the Plan
and Option Agreement.


OPTIONEE:                       SOLECTRON CORPORATION

_____________________________   By:_______________________________ 
Signature

_____________________________   Title:____________________________ 
Print Name



     CONSENT OF SPOUSE

     The undersigned spouse of Optionee has read and hereby approves the terms
and conditions of the Plan and this Option Agreement.  In consideration of the
Company's granting his or her spouse the right to purchase Shares as set forth
in the Plan and this Option Agreement, the undersigned hereby agrees to be
irrevocably bound by the terms and conditions of the Plan and this Option
Agreement and further agrees that any community property interest shall be
similarly bound.  The undersigned hereby appoints the undersigned's spouse as
attorney-in-fact for the undersigned with respect to any amendment or exercise
of rights under the Plan
or this Option Agreement.
                                   Spouse of Optionee_________________________ 
<PAGE>
                             EXHIBIT A
                        SOLECTRON CORPORATION
                        1992 STOCK OPTION PLAN
                          EXERCISE NOTICE


Solectron Corporation
847 Gibraltar Drive
Milpitas, CA  95035
Attention:  Secretary


     1.   Exercise of Option.  Effective as of today, ___________, 199__, the
undersigned ("Purchaser") hereby elects to purchase _________ shares (the
"Shares") of the Common Stock of Solectron Corporation (the "Company") under 
and pursuant to the Solectron Corporation 1992 Stock Option Plan (the "Plan") 
and the Stock Option Agreement dated     (the "Option Agreement").  The
purchase price for the Shares shall be $             , as required by the 
Option Agreement.

     2.   Delivery of Payment.  Purchaser herewith delivers to the Company the
full purchase price for the Shares.

     3.   Representations of Optionee.  Optionee acknowledges that Optionee has
received, read and understood the Plan and the Option Agreement and agrees to
abide by and be bound by their terms and conditions.

     4.   Rights as Shareholder.  Subject to the terms and condi tions of this
Agreement, Optionee shall have all of the rights of a shareholder of the 
Company with respect to the Shares from and after the date that Optionee 
delivers full payment of the Exercise Price until such time as Optionee 
disposes of the Shares.

     5.   Tax Consultation.  Optionee understands that Optionee may suffer
adverse tax consequences as a result of Optionee's purchase or disposition of
the Shares.  Optionee represents that Optionee has consulted with any tax
consultants Optionee deems advisable in connection with the purchase or
disposition of the Shares and that Optionee is not relying on the Company for
any tax advice.

     6.   Entire Agreement; Governing Law.  The Plan and Option
Agreement are incorporated herein by reference.  This Agreement, the Plan and
the Option Agreement constitute the entire agreement of the parties and
supersede in their entirety all prior under takings and agreements of the
Company and Optionee with respect to the subject matter hereof, and such
agreement is governed by California law except for that body of law pertaining
to conflict of laws.

Submitted by:                 Accepted by:
OPTIONEE:                     SOLECTRON CORPORATION

___________________________   By: __________________________ 
Signature

___________________________   Its: _________________________ 
Print Name


Address:                      Address:

___________________________   847 Gibraltar Drive

___________________________   Milpitas, CA  95035


<PAGE>

                                  EXHIBIT 23.1
                                        
                                        
             CONSENT OF KPMG PEAT MARWICK LLP, INDEPENDENT AUDITORS

The Board of Directors
Solectron Corporation:                                        
                                        
We  consent  to incorporation by reference herein of our report dated 
September 9, 1994, relating to the consolidated balance sheets of 
Solectron Corporation and subsidiaries as of August 31, 1994 and 1993, and the 
related consolidated statements of income, shareholders' equity, and cash flows
and related schedules for each of the years in the three-year period ended 
August 31, 1994, which report appears or is incorporated by reference in the 
August 31, 1994 annual report on Form 10-K of Solectron Corporation.

                                   /s/ KPMG Peat Marwick LLP
San Jose, California
January 27, 1995

<PAGE>
     EXHIBIT 5.1


     January 25, 1995

Solectron Corporation
847 Gibraltar Drive, Building 5
Milpitas, California  95035

     Re:  Registration Statement on Form S-8

Ladies and Gentlemen:

      We  have examined the Registration Statement on Form S-8 (the
"Registration  Statement") to be filed by you with  the  Securities and
Exchange Commission on or about January 27, 1995 in connection with the
registration under the Securities Act of 1933, as amended, of  2,000,000 shares
of your Common Stock reserved  for issuance under the Amended and Restated 1992
Stock Option Plan (the "Plan"). As  your legal counsel, we have examined the
proceedings taken  and are  familiar with the proceedings to be taken by you in
connection with the sale and issuance of such Common Stock under the Plan.

      It  is  our opinion that, when issued and sold in the  manner referred to
in  the  Plan and pursuant to  the  agreements  which accompany  the Plan, the
Common Stock issued and sold thereby  will be legally and validly issued, fully
paid and non-assessable.

      We  consent to the use of this opinion as an exhibit to the Registration
Statement and further consent to the use of  our  name wherever  appearing  in
the Registration Statement,  including  any Prospectus constituting a part
thereof, and any amendments thereto.

                              Very truly yours,

                              WILSON, SONSINI, GOODRICH & ROSATI 
                              Professional Corporation
                              /s/ Wilson, Sonsini, Goodrich & Rosati
[{"type": "S-8", "sequence": "1", "secsgml_size_bytes": 59149}]
{"company-data": {"conformed-name": "SOLECTRON CORP", "cik": "0000835541", "assigned-sic": "3672", "irs-number": "942447045", "state-of-incorporation": "CA", "fiscal-year-end": "0831"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "033-57575", "film-number": "95504961"}, "business-address": {"street1": "777 GILBRALTAR DR BLDG 5", "city": "MILPITAS", "state": "CA", "zip": "95035", "phone": "4089578500"}, "mail-address": {"street1": "777 GIBRALTAR DR", "street2": "BLDG 5", "city": "MILPITAS", "state": "CA", "zip": "95035"}}
As filed with the Securities and Exchange Commission on February 2, 1995.
                                        Registration No. 33-______
=========================================================================
                           
                    SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C. 20549
                                  FORM S-8
             REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
                                        
                           SOLECTRON CORPORATION
               (Exact name of issuer as specified in its charter)
                                        
      CALIFORNIA                                           94-2447045
     (State or other jurisdiction                     (I.R.S. Employer
      of incorporation or                          Identification No.)
      organization)
                              777 Gibraltar Drive
                          Milpitas, California 95035 
                   (Address of principal executive offices)
             
                           1992 STOCK OPTION PLAN
                          (Full title of the plan)

                                Susan S. Wang
            Senior Vice President, Chief Financial Officer, and Secretary 
                             SOLECTRON CORPORATION
                        847 Gibraltar Drive, Building 5
                           Milpitas, California  95035
                               (408) 957-8500
             (Name, address and telephone number of agent for service)

                       Copy to:  Steven E. Bochner, Esq.
                      Wilson, Sonsini, Goodrich & Rosati 
                           Professional Corporation
                               650 Page Mill Road
                        Palo Alto, California 94306-1050
                                        
=========================================================================
                        CALCULATION OF REGISTRATION FEE

                           Proposed     Proposed
 Title of                  Maximum      Maximum
Securities     Amount      Offering     Aggregate    Amount of
  to be        to be      Price Per     Offering   Registration
Registered   Registered    Share(1)     Price(1)       Fee

  Common     2,000,000     $25.125     $50,250,000   $17,327.58
  Stock

_____________________
(1)   Estimated in accordance with Rule 457(h) solely for the purpose of 
computing the amount of the registration fee based on the prices of the 
Company's Common Stock as reported on the New York Stock Exchange as of 
January 30, 1995.
PART II
                                        
               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

       The Company hereby incorporates by reference in this Registration 
Statement the contents of the Company's earlier Registration Statement on Form 
S-8 (File # 33-75270).

    The  following  additional exhibits are hereby  enclosed  for filing:

    Exhibit
    Number

     4.1     1992 Stock Option Plan, as amended, together with form of Incentive
             and Nonstatutory Stock Option Agreements.
         
     5.1     Opinion of counsel as to legality of securities being registered.
         
    23.1    Consent of Independent Auditors.
                                       
    23.2    Consent of Counsel (contained in Exhibit 5.1).
    
    24.1    Power of Attorney .
SIGNATURES

      Pursuant to the requirements of the Securities Act  of  1933, the
Registrant, Solectron Corporation, a corporation organized and existing under
the laws of the State of California, certifies  that it  has  reasonable
grounds to believe that it  meets  all  of  the requirements  for  filing  on
Form S-8 and  has  duly  caused  this Registration  Statement  to  be  signed
on  its  behalf   by   the undersigned,  thereunto duly authorized, in the City
of  Milpitas, State of California, on this 30th day of January, 1995.

                                   SOLECTRON CORPORATION
                                     By:  /s/ Koichi Nishimura
                                          President and Chief Executive Officer
Exhibit 24.1

     POWER OF ATTORNEY

      KNOW  ALL  PERSONS BY THESE PRESENTS, that each person  whose signature
appears below constitutes and appoints Koichi  Nishimura and  Susan S. Wang,
jointly and severally, his or her attorneys-infact, each with the power of 
substitution, for him or her in any and all capacities, to sign any amendments 
to this Registration Statement on Form S-8, and to file the same, with exhibits
thereto and other documents in connection therewith, with the Securities and  
Exchange Commission, hereby ratifying and confirming all that each of said 
attorneys-in-fact, or his or her substitute or substitutes, may do or cause to 
be done by virtue hereof.

      Pursuant to the requirements of the Securities Act  of  1933, this
Registration Statement has been signed below by the following persons in the
capacities and on the dates indicated.

Signature                         Title                 Date 
/s/ Koichi Nishimura      President, Chief
Koichi Nishimura          Executive Officer,        January 17, 1995
                          Director (Principal
                          Executive Officer)
                                       
/s/ Charles A. Dickinson
Charles A. Dickinson      Chairman of the Board,    January 17, 1995
                          President Solectron
                          Europe

/s/ Susan S. Wang         Senior Vice President,     
Susan S. Wang             Chief Financial Officer
                          and Secretary (Principal  January 17, 1995
                          Financial and Accounting
                          Officer)

/s/ Richard D'Amore
Richard A. D'Amore        Director                  January 17, 1995

/s/ Winston H. Chen
Winston H. Chen           Director                  January 17, 1995

/s/ Kenneth E. Haughton
Kenneth E. Haughton       Director                  January 17, 1995

/s/ W. Ferrell Sanders
W. Ferrell Sanders        Director                  January 17, 1995

/s/ Osamu Yamada
Osamu Yamada              Director                  January 17, 1995

/s/ Paul R. Low
Paul R. Low               Director                  January 17, 1995
SECURITIES AND EXCHANGE COMMISSION

                              Washington, D.C. 20549

                        ---------------------------------
                                     EXHIBITS
                        ---------------------------------
                                        
                       Registration Statement on Form S-8

                              Solectron Corporation

                                 February 2, 1995
Exhibit Index

                                                                Sequentially
Exhibit                                                         Numbered
Number                                                          Page
4.1       1992 Stock Option Plan, as amended,
          together with form of Incentive and
          Nonstatutory Stock Option Agreements.

5.1       Opinion of counsel as to legality of
          securities being registered. 

23.1      Consent of Independent Auditors

23.2      Consent of Counsel (contained in
          Exhibit 5.1). 

24.1      Power of Attorney.
Exhibit 4.1

     SOLECTRON CORPORATION

     AMENDED AND RESTATED 1992 STOCK OPTION PLAN

     1.   Purposes of the Plan.  The purposes of this Stock Option
Plan are:

     o    to attract and retain the best available personnel for
          positions of substantial responsibility,

     o    to provide additional incentive to Employees, Consultants
          and Outside Directors, and

     o    to promote the success of the Company's business.

Options granted under the Plan may be Incentive Stock Options or Nonstatutory
Stock Options, as determined by the Administrator at the time of grant.  The
Plan also provides for automatic grants of Nonstatutory Stock Options to 
Outside Directors.

     2.   Definitions.  As used herein, the following definitions
shall apply:

          (a)  "Administrator" means the Board or any of its Committees as 
shall be administering the Plan, in accordance with Section 4 of the Plan.

          (b)  "Applicable Laws" means the legal requirements relating to the
administration of stock option plans under state corporate and securities laws
and the Code.

          (c)  "Board" means the Board of Directors of the Company.

          (d)  "Code" means the Internal Revenue Code of 1986, as amended.

          (e)  "Committee"  means a Committee appointed by the Board in
accordance with Section 4 of the Plan.

          (f)  "Common Stock" means the Common Stock of the Company.

          (g)  "Company" means Solectron Corporation, a California corporation.

          (h)  "Consultant" means any person, including an advisor, engaged by
the Company or a Parent or Subsidiary to render services and who is compensated
for such services, provided that the term "Consultant" shall not include
Directors who are paid only a director's fee by the Company or who are not
compensated by the Company for their services as Directors.

          (i)  "Continuous Status as an Employee, Consultant or Director" means
that the employment, consulting or Outside Director relationship is not
interrupted or terminated by the Company, any Parent or Subsidiary.  Continuous
Status as an Employee, Consultant or Director shall not be considered
interrupted in the case of: (i) any leave of absence approved by the
Administrator, including sick leave, military leave, or any other personal
leave; provided, however, that for purposes of Incentive Stock Options, any 
such leave may not exceed ninety (90) days, unless reemployment upon the 
expiration of such leave is guaranteed by contract (including certain Company
policies) or statute; or (ii) transfers between locations of the Company or 
between the Company, its Parent, its Subsidiaries or its successor.

          (j)  "Director" means a member of the Board.

          (k)  "Disability" means total and permanent disability as defined in
Section 22(e)(3) of the Code.

          (l)  "Employee" means any person, including Officers and Directors,
employed by the Company or any Parent or Subsidiary of the Company.  Neither
service as a Director nor payment of a director's fee by the Company shall be
sufficient to constitute "employment" by the Company.

          (m)  "Exchange Act" means the Securities Exchange Act of 1934, as
amended.

          (n)  "Fair Market Value" means, as of any date, the value of Common
Stock determined as follows:

               (i)  If the Common Stock is listed on any estab lished stock
exchange or a national market system, including without limitation the New York
Stock Exchange, the Fair Market Value of a Share of Common Stock shall be the
closing sales price for such stock (or the closing bid, if no sales were
reported) as quoted on such system or exchange (or the exchange with the
greatest volume of trading in Common Stock) on the date of grant of the Option,
as reported in The Wall Street Journal or such other source as the 
Administrator deems reliable;

               (ii) If the Common Stock is quoted on the NASDAQ System (but not
on the National Market System thereof) or is regularly quoted by a recognized
securities dealer but selling prices are not reported, the Fair Market Value of
a Share of Common Stock shall be the mean between the high bid and low asked
prices for the Common Stock on the date of grant of the Option, as reported in
The Wall Street Journal or such other source as the Administrator deems
reliable;

               (iii)In the absence of an established market for the Common
Stock, the Fair Market Value shall be determined in good faith by the
Administrator.

          (o)  "Incentive Stock Option" means an Option intended to qualify as
an incentive stock option within the meaning of
Section 422 of the Code and the regulations promulgated thereunder.

          (p)  "Nonstatutory Stock Option" means an Option not intended to
qualify as an Incentive Stock Option.

          (q)  "Notice of Grant" means a written notice evidencing certain terms
and conditions of an individual Option grant.  The Notice of Grant is part of
the Option Agreement.

          (r)  "Officer" means a person who is an officer of the Company within
the meaning of Section 16 of the Exchange Act and the rules and regulations
promulgated thereunder.

          (s)  "Option" means a stock option granted pursuant to the Plan.

          (t)  "Option Agreement" means a written agreement between the Company
and an Optionee evidencing the terms and conditions of an individual Option
grant.  The Option Agreement is subject to the terms and conditions of the Plan.

          (u)  "Optioned Stock" means the Common Stock subject to an Option.

          (v)  "Optionee" means an Employee or Consultant who holds an
outstanding Option.

          (w)  "Outside Director" shall mean a member of the Board of Directors
of the Company who is not an Employee or a Consultant.

          (x)  "Parent" means a "parent corporation", whether now or hereafter
existing, as defined in Section 424(e) of the Code.

          (y)  "Plan" means this Solectron Corporation 1992 Stock Option Plan.

          (z)  "Rule 16b-3" means Rule 16b-3 of the Exchange Act or any
successor to Rule 16b-3, as in effect when discretion is being exercised with
respect to the Plan.

          (aa) "Share" means a share of the Common Stock, as adjusted in
accordance with Section 12 of the Plan.

          (bb) "Subsidiary" means a "subsidiary corporation", whether now or
hereafter existing, as defined in Section 424(f) of the Code.

     3.   Stock Subject to the Plan.  Subject to the provisions of
Section 12 of the Plan, the maximum aggregate number of Shares which may be
optioned and sold under the Plan is 6,000,000 Shares of Common Stock.  The
Shares may be authorized, but unissued, or reacquired Common Stock.  However,
should the Company reacquire Shares which were issued pursuant to the exercise
of an Option, such Shares shall not become available for future grant under the
Plan.

          If an Option expires or becomes unexercisable without having been
exercised in full, the unpurchased Shares which were subject thereto shall
become available for future grant under the Plan (unless the Plan has
terminated).

     4.   Administration of the Plan.

          (a)  Procedure.

               (i)  Multiple Administrative Bodies.  If permitted
by Rule 16b-3, the Plan may be administered by different bodies with respect to
Directors, Officers who are not Directors, and Employees who are neither
Directors nor Officers.

               (ii) Administration With Respect to Directors and Officers 
Subject to Section 16(b).  With respect to Option grants made to Employees who 
are also Officers or Directors subject to Section 16(b) of the Exchange Act, 
the Plan shall be administered by (A) the Board, if the Board may administer 
the Plan in compliance with the rules governing a plan intended to qualify as a
discretionary plan under Rule 16b-3, or (B) a committee designated by the Board
to administer the Plan, which committee shall be constituted to comply with the
rules governing a plan intended to qualify as a discretionary plan under Rule 
16b-3.  Once appointed, such Committee shall continue to serve in its 
designated capacity until otherwise directed by the Board.  From time to time 
the Board may increase the size of the Committee and appoint additional 
members, remove members (with or without cause) and substitute new members, 
fill vacancies (however caused), and remove all members of the Committee and 
thereafter directly administer the Plan, all to the extent permitted by the 
rules governing a plan intended to qualify as a discretionary plan under Rule 
16b-3.

               (iii)Administration With Respect to Other Persons. With respect
to Option grants made to Employees or Consultants who are neither Directors nor
Officers of the Company, the Plan shall be administered by (A) the Board or (B)
a committee designated by the Board, which committee shall be constituted to
satisfy Applicable Laws.  Once appointed, such Committee shall serve in its
designated capacity until otherwise directed by the Board.  The Board may
increase the size of the Committee and appoint additional members, remove
members (with or without cause) and substitute new members, fill vacancies
(however caused), and remove all members of the Committee and thereafter
directly administer the Plan, all to the extent permitted by Applicable Laws.
       
          (b)  Powers of the Administrator.  Subject to the provisions of the
Plan, and in the case of a Committee, subject to the specific duties delegated
by the Board to such Committee, the Administrator shall have the authority, in
its discretion:

               (i)  to determine the Fair Market Value of the Common Stock, in
accordance with Section 2(n) of the Plan;

               (ii) to select the Consultants and Employees to whom Options may
be granted hereunder;

               (iii)to determine whether and to what extent Options are granted
hereunder;

               (iv) to determine the number of shares of Common Stock to be
covered by each Option granted hereunder;

               (v)  to approve forms of agreement for use under the Plan;

               (vi) to determine the terms and conditions, not inconsistent 
with the terms of the Plan, of any award granted hereunder.  Such terms and
conditions may include, but are not limited to, the exercise price, the time or
times when Options may be exercised (which may be based on performance
criteria), any vesting acceleration or waiver of forfeiture restrictions, and
any restriction or limitation regarding any Option or the shares of Common 
Stock relating thereto, based in each case on such factors as the 
Administrator, in its sole discretion, shall determine;

               (vii)to determine whether, to what extent and under what
circumstances Common Stock and other amounts payable with respect to an award
under this Plan shall be deferred either automatically or at the election of 
the participant (including providing for and determining the amount (if any) of
any deemed earnings on any deferred amount during any deferral period);

               (viii)    to reduce the exercise price of any
Option to the then current Fair Market Value if the Fair Market Value of the
Common Stock covered by such Option shall have declined since the date the
Option was granted;

               (ix) to construe and interpret the terms of the Plan;

               (x)  to prescribe, amend and rescind rules and regulations
relating to the Plan;

               (xi) to modify or amend each Option (subject to Section 14(c) of
the Plan);

               (xii)to authorize any person to execute on behalf of the Company
any instrument required to effect the grant of an Option previously granted by
the Administrator;

               (xiii)    to determine the terms and restrictions applicable to
Options; and

               (xiv)to make all other determinations deemed necessary or
advisable for administering the Plan.

          (c)  Effect of Administrator's Decision.  The Administrator's
decisions, determinations and interpretations shall be final and binding on all
Optionees and any other holders of Options.

     5.   Eligibility.

          (a)  Options may be granted to Employees, Consultants and Outside
Directors provided that (i) Incentive Stock Options may only be granted to
Employees and (ii) Options may only be granted to Outside Directors in
accordance with the provisions of Sec tion 5(b) hereof.  Each Option shall be
designated in the written option agreement as either an Incentive Stock Option
or a Nonstatutory Stock Option.  Subject to Section 5(b) with respect to 
Outside Directors, an Employee, Consultant or Outside Director who has been 
granted an option may, if such Employee, Consultant or Outside Director is 
otherwise eligible, be granted additional Option(s).

          (b)  The provisions set forth in this Section 5(b) shall not be
amended more than once every six months, other than to comport with changes in
the Code, the Employee Retirement Income Security Act of 1974, as amended, or
the rules thereunder.  All grants of Options to Outside Directors under this
Plan shall be automatic and non-discretionary and shall be made strictly in
accordance with the following provisions:

               (i)  No person shall have any discretion to select which Outside
Directors shall be granted Options or to determine the number of shares to be
covered by Options granted to Outside Directors; provided, however, that 
nothing in this Plan shall be construed to prevent an Outside Director from 
declining to receive an Option under this Plan.

               (ii) Beginning on December 1, 1993, and on the first day of
December of each succeeding fiscal year of the Company
occurring during the life of the Plan, each Outside Director who was an Outside
Director on or before the last day of the first quarter of the fiscal year of
the Company just ended shall be automatically granted an Option to purchase six
thousand (6,000) Shares, decreased or increased as provided in Section 12
hereof.
                    An Outside Director who was not an Outside Director on or
before the last day of the first quarter of the fiscal year of the Company just
ended shall receive a pro rated portion of the automatic option grant 
(decreased or increased as provided in Section 12 hereof).  Such pro rated 
grant shall be calculated according to the number of quarters of service in the
just ended fiscal year of the Company.  For the purposes of this calculation, 
service for only a portion of the quarter shall be deemed service for the whole
quarter. For example, an Outside Director with one and one-half quarters of 
service in the just ended fiscal year of the Company will receive credit for 
two quarters of service and accordingly will receive a grant of three thousand
(3,000) Shares (decreased or increased as provided in Section 12 hereof).

               (iii)The terms of an Option granted pursuant to this Section 
5(b) shall be as follows:

                    (A)  the term of the Option shall be five (5) years;

                    (B)  except as provided in Section 10 of this Plan, the
               Option shall be exercisable only while the Outside Director
               remains a director;

                    (C)  the exercise price per share of Common Stock shall be
               100% of the Fair Market Value on the date of grant of the Option;

                    (D)  the Option shall become exercisable in installments
               cumulatively with respect to one twelfth (1/12th) of the 
               Optioned Stock on the first day of each month following the date
               of grant; provided, however, that in no event shall any Option 
               be exercisable prior to obtaining shareholder approval of the 
               Plan.

     6.   Limitations.

          (a)  Each Option shall be designated in the Notice of Grant as either
an Incentive Stock Option or a Nonstatutory Stock Option.  However,
notwithstanding such designations, to the extent that the aggregate Fair Market
Value of Shares subject to an Optionee's incentive stock options granted by the
Company, any Parent or Subsidiary, which become exercisable for the first time
during any calendar year (under all plans of the Company or any Parent or
Subsidiary) exceeds $100,000, such excess Options shall be treated as
Nonstatutory Stock Options.  For purposes of this Section 6(a), incentive stock
options shall be taken into account in the order in which they were granted, 
and the Fair Market Value of the Shares shall be determined as of the time of 
grant.

          (b)  Neither the Plan nor any Option shall confer upon an Optionee 
any right with respect to continuing the Optionee's employment, consulting or
Director relationship with the Company, nor shall they interfere in any way 
with the Optionee's right or the Company's right to terminate such relationship
at any time, with or without cause.

          (c)  The following limitations shall apply to grants of
Options to Employees:

               (i)  No Employee shall be granted, in any fiscal year of the
Company, Options to purchase more than 750,000 Shares.

               (ii) The foregoing limitations shall be adjusted proportionately
in connection with any change in the Company's capitalization as described in
Section 12.

               (iii)If an Option is cancelled in the same fiscal year of the
Company in which it was granted (other than in connection with a transaction
described in Section 12), the cancelled Option will be counted against the 
limit set forth in Section 6(c)(i).  For this purpose, if the exercise price of
an Option is reduced, the transaction will be treated as a cancellation of the
Option and the grant of a new Option.

     7.   Term of Plan.  Subject to Section 18 of the Plan, the
Plan shall become effective as of October 22, 1992.  It shall continue in 
effect for a term of ten (10) years unless terminated earlier under Section 14 
of the Plan.

     8.   Term of Option.  The term of each Option shall be stated
in the Notice of Grant; provided, however, that in the case of an Incentive
Stock Option, the term shall be ten (10) years from the date of grant or such
shorter term as may be provided in the Notice of Grant.  However, in the case 
of an Incentive Stock Option granted to an Optionee who, at the time the 
Incentive Stock Option is granted, owns stock representing more than ten 
percent (10%) of the voting power of all classes of stock of the Company or any
Parent or Subsidiary, the term of the Incentive Stock Option shall be five (5)
years from the date of grant or such shorter term as may be provided in the 
Notice of Grant.

     9.   Option Exercise Price and Consideration.

          (a)  Exercise Price.  The per share exercise price for the Shares to
be issued pursuant to exercise of an Option shall be determined by the
Administrator, subject to the following:

               (i)  In the case of an Incentive Stock Option

                    (A)  granted to an Employee who, at the time the Incentive
Stock Option is granted, owns stock representing more than ten percent (10%) of
the voting power of all classes of stock of the Company or any Parent or
Subsidiary, the per Share exercise price shall be no less than 110% of the Fair
Market Value per Share on the date of grant.

                    (B)  granted to any Employee, the per Share exercise price
shall be no less than 100% of the Fair Market Value per Share on the date of
grant.

               (ii) In the case of a Nonstatutory Stock Option, the per Share
exercise price may be less than 100%, but shall be no less than 85%, of the 
Fair Market Value per Share on the date of grant, if the Administrator 
determines that a discount from the Fair Market Value is appropriate in lieu of
the payment of a reasonable amount of salary or cash bonus to the Optionee.

          (b)  Waiting Period and Exercise Dates.  At the time an Option is
granted, the Administrator shall fix the period within which the Option may be
exercised and shall determine any con ditions which must be satisfied before 
the Option may be exercised. In so doing, the Administrator may specify that an
Option may not be exercised until the completion of a service period.

          (c)  Form of Consideration.  The Administrator shall determine the
acceptable form of consideration for exercising an Option, including the method
of payment.  In the case of an Incentive Stock Option, the Administrator shall
determine the acceptable form of consideration at the time of grant.  Such
consideration may consist of:

               (i)  cash;

               (ii) check;

               (iii)promissory note;

               (iv) other Shares which (A) in the case of Shares acquired upon
exercise of an option, have been owned by the Optionee for more than six months
on the date of surrender, and (B) have a Fair Market Value on the date of
surrender equal to the aggregate exercise price of the Shares as to which said
Option shall be exercised;

               (v)  delivery of a properly executed exercise notice together
with irrevocable instructions to a broker to promptly deliver to the Company 
the amount of sale or loan proceeds required to pay the exercise price;

               (vi) any combination of the foregoing methods of payment; or

               (vii)such other consideration and method of payment for the
issuance of Shares to the extent permitted by Applicable Laws.

     10.  Exercise of Option.

          (a)  Procedure for Exercise; Rights as a Shareholder. Any Option
granted hereunder shall be exercisable according to the terms of the Plan and 
at such times and under such conditions as determined by the Administrator and
set forth in the Option Agreement.

               An Option may not be exercised for a fraction of a Share.

               An Option shall be deemed exercised when the Company receives:
(i) written notice of exercise (in accordance with the Option Agreement) from
the person entitled to exercise the Option, and (ii) full payment for the 
Shares with respect to which the Option is exercised.  Full payment may consist
of any consideration and method of payment authorized by the Administrator and
permitted by the Option Agreement and the Plan.  Shares issued upon exercise of
an Option shall be issued in the name of the Optionee or, if requested by the
Optionee, in the name of the Optionee and his or her spouse.

               Until the stock certificate evidencing such Shares is issued (as
evidenced by the appropriate entry on the books of the Company or of a duly
authorized transfer agent of the Company), no right to vote or receive 
dividends or any other rights as a shareholder shall exist with respect to the 
Optioned Stock, notwithstanding the exercise of the Option.  The Company shall 
issue (or cause to be issued) such stock certificate promptly after the Option 
is exercised.  No adjustment will be made for a dividend or other right for 
which the record date is prior to the date the stock certificate is issued, 
except as provided in Section 12 of the Plan.

               Exercising an Option in any manner shall decrease the number of
Shares thereafter available, both for purposes of the Plan and for sale under
the Option, by the number of Shares as to which the Option is exercised.

          (b)  Termination of Employment, Consulting or Outside Director
Relationship.  In the event that an Optionee's Continuous Status as an 
Employee, Consultant or Outside Director terminates (other than upon the 
Optionee's death or Disability), the Optionee may exercise his or her Option, 
but only within thirty (30) days (or such other period of time not exceeding 
three (3) months as is determined by the Administrator), and only to the extent
that the Optionee was entitled to exercise it at the date of termination (but 
in no event later than the expiration of the term of such Option as set forth 
in the Notice of Grant).  If, at the date of termination, the Optionee is not 
entitled to exercise his or her entire Option, the Shares covered by the 
unexercisable portion of the Option shall revert to the Plan.  If, after 
termination, the Optionee does not exercise his or her Option within the time 
specified by the Administrator, the Option shall terminate, and the Shares 
covered by such Option shall revert to the Plan.

          (c)  Disability of Optionee.  In the event that an Optionee's
Continuous Status as an Employee, Consultant or Outside Director terminates as 
a result of the Optionee's Disability, the Optionee may exercise his or her 
Option at any time within six (6) months from the date of such termination, but
only to the extent that the Optionee was entitled to exercise it at the date of
such termination (but in no event later than the expiration of the term of such
Option as set forth in the Notice of Grant).  If, at the date of termination,
the Optionee is not entitled to exercise his or her entire Option, the Shares
covered by the unexercisable portion of the Option shall revert to the Plan.
If, after termina tion, the Optionee does not exercise his or her Option within
the time specified herein, the Option shall terminate, and the Shares covered 
by such Option shall revert to the Plan.

          (d)  Death of Optionee.  In the event of the death of an Optionee, 
the Option may be exercised at any time within six (6) months following the 
date of death (but in no event later than the expiration of the term of such 
Option as set forth in the Notice of Grant), by the Optionee's estate or by a 
person who acquired the right to exercise the Option by bequest or inheritance,
but only to the extent that the Optionee was entitled to exercise the Option at
the date of death.  If, at the time of death, the Optionee was not entitled to 
exercise his or her entire Option, the Shares covered by the unexercisable 
portion of the Option shall revert to the Plan.  If, after death, the 
Optionee's estate or a person who acquired the right to exercise the Option by 
bequest or inheritance does not exercise the Option within the time specified 
herein, the Option shall terminate, and the Shares covered by such Option shall
immediately revert to the Plan.

     11.  Non-Transferability of Options.  An Option may not be sold, pledged,
assigned, hypothecated, transferred, or disposed of in any manner other than by
will or by the laws of descent or distribution and may be exercised, during the
lifetime of the Optionee, only by the Optionee.

     12.  Adjustments Upon Changes in Capitalization, Dissolution, Merger, 
          Asset Sale or Change of Control.
          
          (a)  Changes in Capitalization. Subject to any required action by the
shareholders of the Company, the number of shares of Common Stock covered by 
each outstanding Option, and the number of shares of Common Stock which have
been authorized for issuance under the Plan but as to which no Options have yet
been granted or which have been returned to the Plan upon cancellation or 
expiration of an Option, as well as the price per share of Common Stock covered
by each such outstanding Option, shall be proportionately adjusted for any 
increase or decrease in the number of issued shares of Common Stock resulting 
from a stock split, reverse stock split, stock dividend, combination or 
reclassification of the Common Stock, or any other increase or decrease in the 
number of issued shares of Common Stock effected without receipt of 
consideration by the Company; provided, however, that conversion of any 
convertible securities of the Company shall not be deemed to have been 
"effected without receipt of consideration." Such adjustment shall be made by
the Board, whose determination in that respect shall be final, binding and 
conclusive. Except as expressly provided herein, no issuance by the Company of
shares of stock of any class, or securities convertible into shares of stock of
any class, shall affect, and no adjustment by reason thereof shall be made with
respect to, the number or price of shares of Common Stock subject to an Option.

          (b)  Dissolution or Liquidation.  In the event of the proposed
dissolution or liquidation of the Company, to the extent that an Option has not
been previously exercised, it will terminate immediately prior to the
consummation of such proposed action.  The Board may, in the exercise of its
sole discretion in such instances, declare that any Option shall terminate as 
of a date fixed by the Board and give each Optionee the right to exercise his 
or her Option as to all or any part of the Optioned Stock, including Shares as
to which the Option would not otherwise be exercisable.

          (c)  Merger or Asset Sale.  In the event of a merger of the Company
with or into another corporation, or the sale of substantially all of the 
assets of the Company, each outstanding Option shall be assumed or an 
equivalent option shall be substituted by the successor corporation or a Parent
or Subsidiary of the successor corporation.  In the event that the successor 
corporation does not agree to assume the Option or to substitute an equivalent 
option or right, the Administrator shall, in lieu of such assumption or 
substitution, provide for the Optionee to have the right to exercise the Option
as to all of the Optioned Stock, including Shares as to which it would not 
otherwise be exercisable. If the Administrator makes an Option fully 
exercisable in lieu of assumption or substitution in the event of a merger or 
sale of assets, the Administrator shall notify the Optionee that the Option or 
shall be fully exercisable for a period of thirty (30) days from the date of 
such notice, and the Option will terminate upon the expiration of such period.
For the purposes of this paragraph, the Option shall be considered assumed if, 
following the merger or sale of assets, the option confers the right to 
purchase, for each Share of Optioned Stock subject to the Option immediately 
prior to the merger or sale of assets, the consideration (whether stock, cash, 
or other securities or property) received in the merger or sale of assets by 
holders of Common Stock for each Share held on the effective date of the 
transaction (and if holders were offered a choice of consideration, the type of
consideration chosen by the holders of a majority of the outstanding Shares); 
provided, however, that if such consideration received in the merger or sale of
assets was not solely common stock of the successor corporation or its Parent, 
the Administrator may, with the consent of the successor corporation and the 
participant, provide for the consideration to be received upon the exercise of
the Option, for each Share of Optioned Stock subject to the Option, to be 
solely common stock of the successor corporation or its Parent equal in Fair 
Market Value to the per share consideration received by holders of Common Stock
in the merger or sale of assets.

     13.  Date of Grant.  The date of grant of an Option shall be, for all
purposes, the date on which the Administrator makes the determination granting
such Option, or such other later date as is determined by the Administrator.
Notice of the determination shall be provided to each Optionee within a
reasonable time after the date of such grant.

     14.  Amendment and Termination of the Plan.

          (a)  Amendment and Termination.  The Board may at any time amend,
alter, suspend or terminate the Plan.

          (b)  Shareholder Approval.  The Company shall obtain shareholder
approval of any Plan amendment to the extent necessary and desirable to comply
with Rule 16b-3 or with Section 422 of the Code (or any successor rule or
statute or other applicable law, rule or regulation, including the requirements
of any exchange or quotation system on which the Common Stock is listed or
quoted). Such shareholder approval, if required, shall be obtained in such a
manner and to such a degree as is required by the applicable law, rule or
regulation.

          (c)  Effect of Amendment or Termination.  No amendment, alteration,
suspension or termination of the Plan shall impair the rights of any Optionee,
unless mutually agreed otherwise between the Optionee and the Administrator,
which agreement must be in writing and signed by the Optionee and the Company.

     15.  Conditions Upon Issuance of Shares.

          (a)  Legal Compliance.  Shares shall not be issued pursuant to the
exercise of an Option unless the exercise of such Option and the issuance and
delivery of such Shares shall comply with all relevant provisions of law,
including, without limitation, the Securities Act of 1933, as amended, the
Exchange Act, the rules and regulations promulgated thereunder, Applicable 
Laws, and the requirements of any stock exchange or quotation system upon which
the Shares may then be listed or quoted, and shall be further subject to the
approval of counsel for the Company with respect to such compliance.

          (b)  Investment Representations.  As a condition to the exercise of 
an Option, the Company may require the person exercising such Option to 
represent and warrant at the time of any such exercise that the Shares are 
being purchased only for investment and without any present intention to sell 
or distribute such Shares if, in the opinion of counsel for the Company, such a
representation is required.

     16.  Liability of Company.

          (a)  Inability to Obtain Authority.  The inability of the Company to
obtain authority from any regulatory body having juris diction, which authority
is deemed by the Company's counsel to be necessary to the lawful issuance and
sale of any Shares hereunder, shall relieve the Company of any liability in
respect of the failure to issue or sell such Shares as to which such requisite
authority shall not have been obtained.

          (b)  Grants Exceeding Allotted Shares.  If the Optioned Stock covered
by an Option exceeds, as of the date of grant, the number of Shares which may 
be issued under the Plan without additional shareholder approval, such Option 
shall be void with respect to such excess Optioned Stock, unless shareholder 
approval of an amendment sufficiently increasing the number of Shares subject 
to the Plan is timely obtained in accordance with Section 14(b) of the Plan.

     17.  Reservation of Shares.  The Company, during the term of this Plan,
will at all times reserve and keep available such number of Shares as shall be
sufficient to satisfy the requirements of the Plan.

     18.  Shareholder Approval.  Continuance of the Plan shall be subject to
approval by the shareholders of the Company within twelve (12) months before or
after the date the Plan is adopted. Such shareholder approval shall be obtained
in the manner and to the degree required under applicable federal and state law.
SOLECTRON CORPORATION
     
     1992 STOCK OPTION PLAN

     STOCK OPTION AGREEMENT

     Unless otherwise defined herein, the terms defined in the Plan shall have
the same defined meanings in this Option Agreement.

I.   NOTICE OF STOCK OPTION GRANT
Optionee's Name and Address:

           You have been granted an option to purchase Common Stock of
the Company, subject to the terms and conditions of the Plan and this Stock
Option Agreement, as follows:

     Date of Grant
     Vesting Commencement Date
     Exercise Price per Share      $
     Total Number of Shares Granted
     Total Exercise Price               $
     Type of Option:    Incentive Stock Option
                                  Nonstatutory Stock Option

               Term/Expiration Date:    _________________________
                                        
     Vesting Schedule:

              This Option may be exercised, in whole or in part, in
accordance with the following schedule:

     Termination Period:

     This Option may be exercised for thirty (30) days after termination of
employment or consulting relationship, or such longer period as may be
applicable upon death or Disability of Optionee as provided in the Plan, but in
no event later than the Term/Expiration Date as provided above.

II.  AGREEMENT

     1.   Grant of Option.  The Plan Administrator of the Company
hereby grants to the Optionee named in the Notice of Grant attached as Part I 
of this Agreement (the "Optionee"), an option (the "Option") to purchase a 
number of Shares, as set forth in the Notice of Grant, at the exercise price 
per share set forth in the Notice of Grant (the "Exercise Price"), subject to 
the terms and conditions of the Plan, which is incorporated herein by 
reference. Subject to Section 14(c) of the Plan, in the event of a conflict 
between the terms and conditions of the Plan and the terms and conditions of 
this Option Agreement, the terms and conditions of the Plan shall prevail.

          If designated in the Notice of Grant as an Incentive Stock Option,
this Option is intended to qualify as an Incentive Stock Option under Section
422 of the Code.

     2.   Exercise of Option.

          (a)  Right to Exercise.  This Option is exercisable during its term 
in accordance with the Vesting Schedule set out in the Notice of Grant and the
applicable provisions of the Plan and this Option Agreement.  In the event of
Optionee's death, Disability or other termination of Optionee's employment or
consulting relationship, the exercisability of the Option is governed by the
applicable provisions of the Plan and this Option Agreement.

          (b)  Method of Exercise.  This Option is exercisable by delivery of 
an exercise notice, in the form attached as Exhibit A (the "Exercise Notice"),
which shall state the election to exercise the Option, the number of Shares in
respect of which the Option is being exercised (the "Exercised Shares"), and
such other represen tations and agreements as may be required by the Company
pursuant to the provisions of the Plan.  Until the stock certificate evidencing
such Shares is issued (as evidenced by the appropriate entry on the books of 
the Company or of a duly authorized transfer agent of the Company), no right to
vote or receive dividends or any other rights as a shareholder shall exist with
respect to the Optioned Stock, notwithstanding the exercise of the Option.  The
Company shall issue (or cause to be issued) such stock certificate promptly
after the Option is exercised.  No adjustment will be made for a dividend or
other right for which the record date is prior to the date the stock 
certificate is issued, except as provided in Section 12 of the Plan.  The 
Exercise Notice shall be signed by the Optionee and shall be delivered in 
person or by certified mail to the Secretary of the Company.  The Exercise 
Notice shall be accompanied by payment of the aggregate Exercise Price as to 
all Exercised Shares.  This Option shall be deemed to be exercised upon receipt
by the Company of such fully executed Exercise Notice accompanied by such 
aggregate Exercise Price.

          No Shares shall be issued pursuant to the exercise of this Option
unless such issuance and exercise complies with all relevant provisions of law
and the requirements of any stock exchange upon which the Shares are then
listed.  Assuming such compliance, for income tax purposes the Exercised Shares
shall be considered transferred to the Optionee on the date the Option is
exercised with respect to such Exercised Shares.

           3.   Method of Payment.  Payment of the aggregate Exercise
Price shall be by any of the following, or a combination thereof, at the
election of the Optionee:

          (a)  cash; or

          (b)  check; or

          (c)  surrender of other Shares which (i) in the case of Shares
acquired upon exercise of an option, have been owned by the Optionee for more
than six (6) months on the date of surrender, and (ii) have a Fair Market Value
on the date of surrender equal to the aggregate Exercise Price of the Exercised
Shares; or

          (d)  delivery of a properly executed exercise notice together with
irrevocable instructions to a broker to promptly deliver to the Company the
amount of sale or loan proceeds required to pay the exercise price.

     4.   Non-Transferability of Option.  This Option may not be
transferred in any manner otherwise than by will or by the laws of descent or
distribution and may be exercised during the lifetime of Optionee only by the
Optionee.  The terms of the Plan and this Option Agreement shall be binding 
upon the executors, administrators, heirs, successors and assigns of the 
Optionee.

     5.   Term of Option.  This Option may be exercised only within
the term set out in the Notice of Grant, and may be exercised during such term
only in accordance with the Plan and the terms of this Option Agreement.

     6.   Tax Consequences.  Some of the federal tax consequences
relating to this Option, as of the date of this Option, are set forth below.
THIS SUMMARY IS NECESSARILY INCOMPLETE, AND THE TAX LAWS AND REGULATIONS ARE
SUBJECT TO CHANGE.  THE OPTIONEE SHOULD CONSULT A TAX ADVISER BEFORE EXERCISING
THIS OPTION OR DISPOSING OF THE SHARES.

          (a)  Exercising the Option.

               (i)  Nonqualified Stock Option ("NSO").  If this Option does not
qualify as an ISO, the Optionee may incur regular federal income tax liability
upon exercise.  The Optionee will be treated as having received compensation
income (taxable at ordinary income tax rates) equal to the excess, if any, of
the fair market value of the Exercised Shares on the date of exercise over 
their aggregate Exercise Price.  If the Optionee is an employee, the Company 
will be required to withhold from his or her compensation or collect from 
Optionee and pay to the applicable taxing authorities an amount equal to a 
percentage of this compensation income at the time of exercise.

               (ii) Incentive Stock Option ("ISO").  If this Option qualifies 
as an ISO, the Optionee will have no regular federal income tax liability upon 
its exercise, although the excess, if any, of the fair market value of the 
Exercised Shares on the date of exercise over their aggregate Exercise Price 
will be treated as an adjustment to the alternative minimum tax for federal tax
purposes and may subject the Optionee to alternative minimum tax in the year of
exercise.

          (b)  Disposition of Shares.

               (i)  NSO.  If the Optionee holds NSO Shares for at least one
year, any gain realized on disposition of the Shares will be treated as long-
term capital gain for federal income tax purposes.

               (ii) ISO.  If the Optionee holds ISO Shares for at least one 
year after exercise and two years after the grant date, any gain realized on 
disposition of the Shares will be treated as long-term capital gain for federal
income tax purposes.  If the Optionee disposes of ISO Shares within one year 
after exercise or two years after the grant date, any gain realized on such 
disposition will be treated as compensation income (taxable at ordinary income
rates) to the extent of the excess, if any, of the lesser of (A) the difference
between the fair market value of the Shares acquired on the date of exercise 
and the aggregate Exercise Price, or (B) the difference between the sale price 
of such Shares and the aggregate Exercise Price.

          (c)  Notice of Disqualifying Disposition of ISO Shares. If the
Optionee sells or otherwise disposes of any of the Shares acquired pursuant to
an ISO on or before the later of (i) two years after the grant date, or (ii) 
one year after the exercise date, the Optionee shall immediately notify the 
Company in writing of such disposition.  The Optionee agrees that he or she may
be subject to income tax withholding by the Company on the compensation income
recognized from such early disposition.

           OPTIONEE ACKNOWLEDGES AND AGREES THAT THE VESTING OF SHARES
PURSUANT TO THE OPTION HEREOF IS EARNED ONLY BY CONTINUING EMPLOYMENT AT THE
WILL OF THE COMPANY (NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED THIS
OPTION OR ACQUIRING SHARES HEREUNDER). OPTIONEE FURTHER ACKNOWLEDGES AND AGREES
THAT NOTHING IN THIS AGREEMENT, NOR IN THE COMPANY'S STOCK OPTION PLAN WHICH IS
INCORPORATED HEREIN BY REFERENCE, SHALL CONFER UPON OPTIONEE ANY RIGHT WITH
RESPECT TO CONTINUATION OF EMPLOYMENT BY THE COMPANY, NOR SHALL IT INTERFERE IN
ANY WAY WITH HIS OR HER RIGHT OR THE COMPANY'S RIGHT TO TERMINATE HIS 
EMPLOYMENT AT ANY TIME, WITH OR WITHOUT CAUSE.

     By your signature and the signature of the Company's representative below,
you and the Company agree that this Option is granted under and governed by the
terms and conditions of the Plan and this Option Agreement.  Optionee has
reviewed the Plan and this Option Agreement in their entirety, has had an
opportunity to obtain the advice of counsel prior to executing this Option Agree
ment and fully understands all provisions of the Plan and Option Agreement.
Optionee hereby agrees to accept as binding, conclusive and final all decisions
or interpretations of the Administrator upon any questions relating to the Plan
and Option Agreement.

OPTIONEE:                       SOLECTRON CORPORATION

_____________________________   By:_______________________________ 
Signature

_____________________________   Title:____________________________ 
Print Name

     CONSENT OF SPOUSE

     The undersigned spouse of Optionee has read and hereby approves the terms
and conditions of the Plan and this Option Agreement.  In consideration of the
Company's granting his or her spouse the right to purchase Shares as set forth
in the Plan and this Option Agreement, the undersigned hereby agrees to be
irrevocably bound by the terms and conditions of the Plan and this Option
Agreement and further agrees that any community property interest shall be
similarly bound.  The undersigned hereby appoints the undersigned's spouse as
attorney-in-fact for the undersigned with respect to any amendment or exercise
of rights under the Plan
or this Option Agreement.
                                   Spouse of Optionee_________________________
EXHIBIT A
                        SOLECTRON CORPORATION
                        1992 STOCK OPTION PLAN
                          EXERCISE NOTICE

Solectron Corporation
847 Gibraltar Drive
Milpitas, CA  95035
Attention:  Secretary

     1.   Exercise of Option.  Effective as of today, ___________, 199__, the
undersigned ("Purchaser") hereby elects to purchase _________ shares (the
"Shares") of the Common Stock of Solectron Corporation (the "Company") under 
and pursuant to the Solectron Corporation 1992 Stock Option Plan (the "Plan") 
and the Stock Option Agreement dated     (the "Option Agreement").  The
purchase price for the Shares shall be $             , as required by the 
Option Agreement.

     2.   Delivery of Payment.  Purchaser herewith delivers to the Company the
full purchase price for the Shares.

     3.   Representations of Optionee.  Optionee acknowledges that Optionee has
received, read and understood the Plan and the Option Agreement and agrees to
abide by and be bound by their terms and conditions.

     4.   Rights as Shareholder.  Subject to the terms and condi tions of this
Agreement, Optionee shall have all of the rights of a shareholder of the 
Company with respect to the Shares from and after the date that Optionee 
delivers full payment of the Exercise Price until such time as Optionee 
disposes of the Shares.

     5.   Tax Consultation.  Optionee understands that Optionee may suffer
adverse tax consequences as a result of Optionee's purchase or disposition of
the Shares.  Optionee represents that Optionee has consulted with any tax
consultants Optionee deems advisable in connection with the purchase or
disposition of the Shares and that Optionee is not relying on the Company for
any tax advice.

     6.   Entire Agreement; Governing Law.  The Plan and Option
Agreement are incorporated herein by reference.  This Agreement, the Plan and
the Option Agreement constitute the entire agreement of the parties and
supersede in their entirety all prior under takings and agreements of the
Company and Optionee with respect to the subject matter hereof, and such
agreement is governed by California law except for that body of law pertaining
to conflict of laws.

Submitted by:                 Accepted by:
OPTIONEE:                     SOLECTRON CORPORATION

___________________________   By: __________________________ 
Signature

___________________________   Its: _________________________ 
Print Name

Address:                      Address:

___________________________   847 Gibraltar Drive

___________________________   Milpitas, CA  95035
EXHIBIT 23.1
                                        
                                        
             CONSENT OF KPMG PEAT MARWICK LLP, INDEPENDENT AUDITORS

The Board of Directors
Solectron Corporation:                                        
                                        
We  consent  to incorporation by reference herein of our report dated 
September 9, 1994, relating to the consolidated balance sheets of 
Solectron Corporation and subsidiaries as of August 31, 1994 and 1993, and the 
related consolidated statements of income, shareholders' equity, and cash flows
and related schedules for each of the years in the three-year period ended 
August 31, 1994, which report appears or is incorporated by reference in the 
August 31, 1994 annual report on Form 10-K of Solectron Corporation.

                                   /s/ KPMG Peat Marwick LLP
San Jose, California
January 27, 1995
EXHIBIT 5.1

     January 25, 1995

Solectron Corporation
847 Gibraltar Drive, Building 5
Milpitas, California  95035

     Re:  Registration Statement on Form S-8

Ladies and Gentlemen:

      We  have examined the Registration Statement on Form S-8 (the
"Registration  Statement") to be filed by you with  the  Securities and
Exchange Commission on or about January 27, 1995 in connection with the
registration under the Securities Act of 1933, as amended, of  2,000,000 shares
of your Common Stock reserved  for issuance under the Amended and Restated 1992
Stock Option Plan (the "Plan"). As  your legal counsel, we have examined the
proceedings taken  and are  familiar with the proceedings to be taken by you in
connection with the sale and issuance of such Common Stock under the Plan.

      It  is  our opinion that, when issued and sold in the  manner referred to
in  the  Plan and pursuant to  the  agreements  which accompany  the Plan, the
Common Stock issued and sold thereby  will be legally and validly issued, fully
paid and non-assessable.

      We  consent to the use of this opinion as an exhibit to the Registration
Statement and further consent to the use of  our  name wherever  appearing  in
the Registration Statement,  including  any Prospectus constituting a part
thereof, and any amendments thereto.

                              Very truly yours,

                              WILSON, SONSINI, GOODRICH & ROSATI 
                              Professional Corporation
                              /s/ Wilson, Sonsini, Goodrich & Rosati