Exhibit 12.1

Consolidated Fixed Charge Computation for
Solectron Corporation
($Millions)

	Three months ended November 30,
	2004		2003
Losses:
Net income (loss)	$	55.9	$	(119.8	)
Discontinued operations income (loss), net of tax		9.0		(67.6	)
Income tax expense		4.7		2.5
Income (loss) from continuing operations before income tax expense	$	51.6	$	(49.7	)
Add back: fixed charges		22.9		51.2
Earnings before fixed charges		74.5		1.5
Fixed Charges:
Interest portion of rental expense	$	6.6	$	7.3
Interest expense		16.3		43.9
	$	22.9	$	51.2
Ratio of earnings to fixed charges		3.3		—
Deficiency of earnings to fixed charges	$	—	$	(49.7	)

Consolidated Fixed Charge Computation for
Solectron Corporation
($Millions)

	Year Ended August 31
	2004			2003			2002			2001			2000
Losses:
Net (loss) income	$	(168.9	)	$	(3,462.0	)	$	(3,110.2	)	$	(123.5	)	$	497.2
Discontinued operations (income) loss, net of tax		(82.9	)		442.2			39.4			33.4			(44.0	)
Income tax (benefit) expense		(0.3	)		532.1			(449.0	)		(35.9	)		223.5
(Loss) income from continuing operations before income tax (benefit) expense	$	(252.1	)	$	(2,487.7	)	$	(3,519.8	)	$	(126.0	)	$	676.7
Add back: fixed charges		171.0			236.2			272.4			199.4			99.3
Earnings before fixed charges		(81.1	)		(2,251.5	)		(3,247.4	)		73.4			776.0
Fixed Charges:
Interest portion of rental expense	$	26.8		$	29.1		$	33.6			24.6			27.7
Interest expense		144.2			207.1			238.8			174.8			71.6
	$	171.0		$	236.2		$	272.4		$	199.4		$	99.3
Ratio of earnings to fixed charges		—			—			—			0.4			7.8
Deficiency of earnings to fixed charges	$	(252.1	)	$	(2,487.7	)	$	(3,519.8	)	$	(126.0	)		—