Exhibit (a)(5)(D)


                     SOLECTRON ANNOUNCES PRELIMINARY RESULTS
                     OF TENDER OFFER FOR 2.75 PERCENT LYONS

For Immediate Release: July 22, 2002

MILPITAS, Calif. -- Solectron Corporation (NYSE: SLR), a leading provider of
electronics manufacturing and supply-chain management services, today announced
preliminary results of its previously announced Modified Dutch Auction tender
offer for up to $1.5 billion principal amount at maturity of its 2.75 percent
Liquid Yield Option Notes due 2020 and issued in May 2000 (2.75 percent LYONs).
The offer expired at midnight EDT Friday, July 19, 2002.

Based on preliminary information, Solectron expects to accept for purchase, at a
purchase price of $600 per $1,000 2.75 percent LYON, $1.5 billion principal
amount at maturity of the tendered 2.75 percent LYONs. The purchase price
applies to all 2.75 percent LYONs tendered. In response to the offer and based
on preliminary information, approximately $1.9 billion principal amount at
maturity of 2.75 percent LYONs were validly tendered and not withdrawn.

Because more than $1.5 billion principal amount at maturity of the 2.75 percent
LYONs were tendered, Solectron expects to accept for purchase, on a prorated
basis, approximately 77.6 percent of the 2.75 percent LYONs tendered. The final
proration factor is subject to verification by the depositary.

On Thursday, July 25, 2002, Solectron expects to announce final results and pay
the aggregate purchase price to the depositary for the 2.75 percent LYONs
accepted for payment. All 2.75 percent LYONs not accepted for payment will be
promptly returned to holders.

The purpose of the tender offer is to reduce and effectively extend the average
maturity of Solectron's debt. Through the tender offer, the company expects to
reduce the debt on its balance sheet, as of May 31, 2002, by about $919 million.
Solectron is funding the total cash purchase price of $900 million from its cash
on hand.

For the offer, Morgan Stanley & Co. Incorporated served as the dealer manager,
U.S. Bank was the depositary and Georgeson Shareholder Communications was the
information agent.

ABOUT SOLECTRON

Solectron (www.solectron.com) provides a full range of global manufacturing and
supply-chain management services to the world's premier high-tech electronics
companies. Solectron's offerings include new-product design and introduction
services, materials management, high-tech product manufacturing, and product
warranty and end-of-life support. Solectron, based in Milpitas, Calif., is the
first two-time winner of the Malcolm Baldrige National Quality Award.

SAFE HARBOR

This release contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, that involve a number of risks and
uncertainties. In particular, the timing of payment and the final proration
factor may differ slightly based upon the failure of any 2.75 percent



LYONs tendered pursuant to guaranteed delivery procedures to be delivered.
Solectron disclaims any intention or obligation to update or revise
forward-looking statements, whether as a result of new information, future
events or otherwise.



Liquid Yield Option is a trademark of Merrill Lynch & Co.



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Analysts Contact:

Thomas Alsborg, Solectron Corporation - 408-956-6614 (U.S.),
thomasalsborg@ca.slr.com Tonya Chin, Solectron Corporation - 408-956-6537
(U.S.), tonyachin@ca.slr.com

Media Contact:

Kevin Whalen, Solectron Corporation - 408-956-6854 (U.S.),
kevinwhalen@ca.slr.com