Flex is the diversified manufacturing partner of choice that helps market-leading brands design, build and deliver innovative products that improve the world.

A career at Flex offers the opportunity to make a difference and invest in your growth in a respectful, inclusive, and collaborative environment. If you are excited about a role but don't meet every bullet point, we encourage you to apply and join us to create the extraordinary.

Job Summary

Flex intends to spin off its Cloud and Power Infrastructure segment into a new, independent publicly traded company, Axiom, with the spin planned for Q1 2027. If the intended spin occurs, this role will support Axiom, a company focused on critical digital infrastructure and delivering end-to-end power and thermal management solutions for AI data centers and other mission-critical applications.

To support our extraordinary teams who build great products and contribute to our growth, we’re looking to add a Test Engineer located in Prai, Penang.

What a typical day looks like:

Directs and/or coordinates electronic engineering and/or technical personnel in fabrication and design of testing and test control apparatus and equipment, or software and systems testing.
Directs and coordinates electronic engineering activities concerned with development, procurement, installation and calibration of instruments, equipment and control devices required to test, and record test data.
Interfaces and confers with scientific, engineering and technical personnel to resolve testing problems such as product or system malfunctions, incomplete test data, data interpretation or coding issues.
Analyzes and interprets test data and prepares technical reports for use by electronic or software engineering, and management personnel.
May develops or use computer software and hardware to conduct tests on electronic products and systems or software.
Trains and instructs floor support, test technicians and test operators on test hardware and/or software, as well as problem solving techniques.
Resolves test yield problems by performing analysis of root causes, developing and coordinating corrective action measures and monitoring improvements.
Perform and support equipment verification and integration in production.
Create and maintain process documentation.
Actively search for new technologies or procedures in the test sector.
Determines conditions under which tests are to be conducted and sequences and phases of test operations.

Specialized Job Responsibilities may be required for certain positions. These could include one or more of the following duties:

IN-CIRCUIT

Develops and/or supports quality comprehensive test programs.
Develops or modifies test models.
Performs written analysis of fault grade.
Develops quotes for test development and enhancements.
Performs test ability analysis (DFT).
Performs mechanical analysis of test fixtures.
Coordinates 3rd part development of in-circuit programs, enhancements, and test fixtures.

FUNCTIONAL

Develops and/or modifies test programs using various languages (i.e. Python, Lab View, Perl etc.).
Develops instrument drivers.
Develops and/or supports diagnostic tests at the card edge level.
Designs and supports functional test hardware, computer platforms and interfaces.
Develops test plans and procedures.
Coordinates 3rd party development of functional test development, enhancements, test fixtures.
Develops quotations for functional test hardware and software.

ENVIRONMENTAL STRESS SCREENING (ESS)

Designs, develops and/or supports environmental test programs, procedures and profiles
Designs and/or supports mechanical/electrical interfaces for product tests.
Performs failure analysis on environmental test failures.
Coordinates 3rd party development of ESS activities.

SYSTEMS & Software

Analyzes and interprets software or system level diagnostic failure (software and hardware).
Develops and/or modifies software or system level plans and tests.
Develops and/or supports quality comprehensive test programs.
Develops quotes for test development and enhancements.
Performs test ability analysis (DFT).

The experience we’re looking to add to our team:

Typically requires a Bachelor’s degree in related field or equivalent experience and training.
Typically requires 2-3 years of experience in test engineering in the high technology electronics industry or related area.

What you’ll receive for the great work you provide:

Medical benefits, dental, vision
Life Insurance
Paid Time Off
Performance Bonus

NB87

Job Category

Production Engineering

Required Skills:

Optional Skills:

Flex is an Equal Opportunity Employer and employment selection decisions are based on merit, qualifications, and abilities. We do not discriminate based on: age, race, religion, color, sex, national origin, marital status, sexual orientation, gender identity, veteran status, disability, pregnancy status, or any other status protected by law. We're happy to provide reasonable accommodations to those with a disability for assistance in the application process. Please email [email protected] and we'll discuss your specific situation and next steps (NOTE: this email does not accept or consider resumes or applications. This is only for disability assistance. To be considered for a position at Flex, you must complete the application process first).

About the company

Flex is a global manufacturing partner that designs, engineers, manufactures, and manages the supply chain for products across diverse industries. Its offering starts with product design and engineering, followed by manufacturing and testing, and extends to sourcing, logistics, and end-to-end delivery of finished goods. Unlike many players that focus on a single niche, Flex provides end-to-end, globally integrated services across multiple industries, leveraging a large worldwide network and scalable operations. The company’s goal is to help customers bring products to market quickly and efficiently by handling development, manufacturing, and supply chain management at scale.

Company Size

10,001+

Company Stage

IPO

Headquarters

Singapore, Singapore

Founded

1969

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Simplify's Take

What believers are saying

Axiom filed Form 10 on September 15, 2026, advancing the 2027 listing.
Flex’s September 3, 2026 EPC Power deal targets AI data-center and utility growth.
Management named Amy Schwetz CFO on October 5, 2026, strengthening separation execution.

What critics are saying

Flex said on September 24, 2026 it is cutting 2,000 jobs in Hungary.
Flex’s August 2026 trade-secret suit against Split Pay adds distraction and legal cost.
The $4.4 billion EPC Power deal and 2027 spin-off increase leverage and execution failure risk.

What makes Flex unique

Flex combines design, manufacturing, and supply-chain execution across electronics and infrastructure.
The September 15, 2026 Axiom spin-off creates a pure-play Cloud and Power Infrastructure company.
EPC Power’s grid-forming technology deepens Flex’s position in 800V AI data-center power.

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Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Company Equity
Unlimited Paid Time Off
Paid Holidays
Parental Leave
Profit Sharing

Growth & Insights and Company News

6 month growth

1 year growth

2 year growth

Yahoo Finance

Oct 27th, 2026

Flex earnings preview: $7.93B last-quarter revenue, 19.8% growth expected as shares drop 28.9%

Flex (NASDAQ:FLEX), a global manufacturing solutions provider, reports earnings Wednesday before the bell. Analysts expect revenue to grow 19.8% year on year, up from a 4% increase in the same quarter last year. Last quarter, Flex beat revenue expectations with $7.93 billion, up 20.6% year on year. Its guidance for the next quarter also topped estimates. Peers have reported already. Knowles grew revenue 20.3% and Jabil 28.6%, and both beat estimates, yet their shares fell 3.6% and 6%. Flex shares are down 28.9% over the past month, at $80.34. The average analyst price target is $155.90.

Yahoo Finance

Oct 24th, 2026

Flex shares gain 20.2% this year as bullish AI data centre thesis outpaces bearish $44.27 case

Flex shares returned 20.2%, including dividends, since the start of the year. The stock now trades at $76.55, up from $60.42. Investors weighed two stories. The bullish case put fair value at $65, resting on multi-year IoT and electrification demand and a push into higher-value digital services. The bearish case set it at $44.27, assuming 1.0% revenue growth, a 3.0% profit margin, and a 25x future price-to-earnings ratio over 10 years. In its first quarter of fiscal 2027, Flex reported revenue of $7,928 million and net income of $285 million, a 3.6% net margin. That favours the bulls, though the margin sits close to the bearish assumption.

Ololand

Oct 14th, 2026

Analyzing Flex's latest acquisition: strategic implications for global supply chains.

Analyzing Flex's latest acquisition: strategic implications for global supply chains. Wednesday, October 14, 2026 In an era of relentless supply chain disruption, Flex Ltd. is doubling down on operational scale with its newly completed acquisition. Detailed in a recent SEC filing, this decisive transaction highlights a broader push toward integrated, resilient manufacturing ecosystems. Here is what Flex's strategic expansion means for the future of global supply chains. Global manufacturing is navigating an unprecedented structural recalibration. Driven by geopolitical friction, nearshoring imperatives, and the capital expenditure surge behind artificial intelligence infrastructure, tier-one electronics manufacturing services (EMS) providers are aggressively re-engineering their business models. Flex Ltd.'s (NASDAQ: FLEX) recent SEC Form 8-K filing - formally disclosing the completion of an acquisition under Item 2.01 - marks another deliberate step in the company's multi-year pivot away from commoditized, low-margin assembly toward complex, margin-accretive engineering and integrated supply chain solutions. Strategic rationale and core deal mechanics. The completion of this transaction reflects a calculated effort by Flex to strengthen its competitive moat within higher-margin, mission-critical sectors. Under Chief Executive Officer Revathi Advaithi, Flex has methodically shifted its revenue mix from traditional Agility Solutions (consumer devices, personal computing, and peripheral hardware) toward Reliability Solutions (automotive, medical, industrial, and cloud power infrastructure). The strategic drivers behind this latest integration focus on three operational priorities: * Vertical Integration in Critical Technologies: By acquiring proprietary capabilities rather than scaling external contract manufacturing capacity, Flex is capturing upstream value. This acquisition equips the firm to provide higher-tier sub-assemblies and integrated systems, insulating its margin profile from cyclical swings in discrete component assembly. * Expansion of Intellectual Property (IP): Modern original equipment manufacturers (OEMs) increasingly demand joint design manufacturing (JDM) and original design manufacturing (ODM) capabilities. This acquisition deepens Flex's engineering bench, enabling the company to co-develop products and lock in multi-year production lifecycles. * Geographic and Footprint Optimization: The targeted manufacturing assets provide expanded operational redundancy in key regional corridors. As Western enterprise customers demand dual-sourcing and localized manufacturing to hedge against East Asian supply chain disruption, the added footprint strengthens Flex's nearshoring pitch across North America and Europe. Valuation context and capital allocation discipline. Following the strategic spin-off and full separation of its utility-scale solar tracker business, Nextracker, Flex entered this transaction cycle with an optimized balance sheet and enhanced balance sheet flexibility. That corporate restructuring delivered substantial proceeds, giving management the headroom to pursue bolt-on acquisitions without overleveraging. Historically, traditional EMS platforms have traded at discounted valuation multiples - typically between 5.0x and 7.5x enterprise value-to-forward EBITDA - reflecting their wafer-thin operating margins (2% to 4%) and susceptibility to OEM volume contractions. Conversely, specialized engineering, cloud power architecture, and high-reliability industrial assets command multiples in the 10.0x to 14.0x EBITDA corridor. By targeting specialized, complementary businesses, Flex is paying a strategic premium to achieve long-term multiple arbitrage. The company's disciplined capital allocation framework targets: 1. Net Debt-to-EBITDA maintained comfortably within the 1.5x to 2.0x range. 2. Return on Invested Capital (ROIC) hurdles exceeding its weighted average cost of capital (WACC) within a three-year horizon. 3. Adjusted Operating Margin accretion toward the company's stated mid-term target of 5.0% or higher. Given the prevailing macroeconomic regime of higher-for-longer capital costs, management's execution on post-merger cost and revenue synergies will determine whether the asset is accretive to adjusted earnings per share (EPS) within the first full year of consolidation. Market implications: the EMS sector reimagined. Flex's acquisition sends clear signals to peer competitors, notably Jabil (NYSE: JBL), Celestica (NYSE: CLS), and Sanmina (NASDAQ: SANM), that the battleground for manufacturing dominance has shifted permanently from scale to sophistication. First, the deal underscores the urgent industrial convergence around data center infrastructure and power distribution. With modern AI workloads pushing power consumption to unprecedented levels per rack, enterprise customers require advanced liquid cooling, busways, and power-switching units. EMS players that can manufacture these systems natively will capture higher wallet-share from hyperscalers than those providing basic server rack assembly. Second, the transaction reinforces the "China+1" and regionalization megatrend. Multinational OEMs are actively divesting captive manufacturing plants and seeking global partners with regional facilities capable of end-to-end integration. Flex's expanded footprint enhances its ability to win outsourcing mandates from OEMs that are abandoning internal production to preserve cash. Finally, client-supplier relationships are fundamentally changing. Tier-one EMS firms are transitioning from passive contract manufacturers into strategic architectural partners. By absorbing specialized targets, Flex gains direct access to proprietary client roadmaps, making customer switching costs significantly higher. Strategic horizon: execution and integration risks. The operational upside of this acquisition is compelling, but execution risk remains real. Successfully digesting technical assets requires retaining key engineering talent, migrating disparate enterprise resource planning (ERP) systems, and cross-selling the acquired customer base into Flex's global network across 30 countries. Furthermore, industrial capital spending cycles remain uneven, with automotive electrification facing short-term friction and enterprise hardware spending normalizing post-pandemic. Flex's ability to insulate the acquired business from these macro headwinds will test the resilience of its Reliability Solutions portfolio. If past integrations are an indicator, Flex possesses the operational discipline to extract manufacturing efficiencies quickly. By methodically assembling higher-value capabilities, the company is systematically decoupling its financial performance from the commodity manufacturing cycle, establishing an agile blueprint for the next generation of global supply chain architecture. Ready to analyze your next deal? Upload your CIM for instant AI-powered analysis - financial extraction, risk assessment, and valuation in minutes. Analyze your own CIM. Upload a CIM and get financials, risks, and valuation in seconds.

Crypto.com

Oct 13th, 2026

Flex plans Axiom spinoff to chase AI data center power demand in 2027.

Flex plans Axiom spinoff to chase AI data center power demand in 2027. News Tue, 13 Oct 2026 18:42:43 UTC 1 hour ago The Axiom spinoff could reshape AI data center dynamics, influencing investment strategies and competitive landscapes in tech infrastructure. This content is automatically aggregated. Full credit goes to the original publisher (cryptobriefing.com).

Simply Wall St

Oct 7th, 2026

Flex secures $3.3B loan for EPC Power acquisition, stock may be 7% undervalued

Flex secured a $3.3 billion senior term loan facility to finance its acquisition of EPC Power. The stock closed at $121.38, which some analysts consider 6.8% undervalued against a narrative fair value of $130.26. The company is transitioning from a traditional contract manufacturer to a high-margin solutions provider focused on AI infrastructure, supply chain nearshoring, and energy transition. Year-to-date, shares have returned 90.61%, with one-year total shareholder returns reaching 112.02%. Despite trading at 46.1 times earnings — above the US Electronic industry average of 30.3 times — this multiple remains below an estimated fair ratio of 61.1 times. The discounted cash flow model suggests shares trade 40.5% below an estimated value of $204.10. Risks include potential cooling of AI data centre demand and execution challenges from the acquisition and planned spin-off.

Flex

Test Engineer

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