Flex and Teradyne Robotics Expand Partnership to Scale Intelligent Automation Across Global Manufacturing

Rhea-AI Summary

Teradyne Robotics (NYSE:TER) and Flex expanded a long-standing partnership on April 22, 2026 to scale intelligent automation across global manufacturing.

Flex will both deploy Teradyne Robotics' Universal Robots and MiR solutions across its facilities and manufacture key robotics components, enabling faster replication, real-world validation, and global supply-chain support.

AI-generated analysis. Not financial advice.

News Market Reaction – FLEX

-0.29%

1 alert

-0.29% News Effect

On the day this news was published, FLEX declined 0.29%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Partnership duration: 20 years

1 metrics

Partnership duration 20 years Length of Flex–Teradyne semiconductor equipment partnership

Market Reality Check

Price: $143.80 Vol: Volume 5,241,322 vs 20-da...

high vol

$143.80 Last Close

Volume Volume 5,241,322 vs 20-day average 3,409,064 (relative volume 1.54x) indicates elevated interest ahead of this news. high

Technical Price $85.14 is trading above the 200-day MA at $60.85, near the 52-week high of $86.87.

Peers on Argus

FLEX was up 1.02% with strong volume, while key peers were mixed: JBL slightly p...

1 Down

FLEX was up 1.02% with strong volume, while key peers were mixed: JBL slightly positive (0.07%) and CLS, FN, TEL, GLW negative. Momentum scanner flagged TEL down ~5.87% without related news, pointing to a stock-specific move for FLEX around this partnership.

Previous Partnership Reports

5 past events · Latest: Jan 12 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 12	JV formation	Positive	+1.0%	Nextpower Arabia JV to build large MENA solar manufacturing facility and capacity.
Oct 23	JV agreement	Positive	+0.6%	Nextracker Arabia JV to localize solar tracker manufacturing and distribution in MENA.
Sep 16	Tech partnership	Positive	-1.0%	Flex-Renesas partnership to develop next-gen power management solutions for AI workloads.
Feb 04	Manufacturing deal	Positive	+3.0%	Strategic manufacturing partnership with Husqvarna focused on North American operations.
Jan 15	Research partnership	Positive	+4.3%	Nextracker–UC Berkeley CALNEXT center to advance solar energy research and training.

Pattern Detected

Partnership announcements have generally seen modest positive reactions, with most events producing small gains and only one showing a negative move.

Recent Company History

Recent partnership-related history shows multiple strategic collaborations across Flex and its ecosystem. Events include Flex Power Modules’ power-management partnership with Renesas, a North American manufacturing partnership with Husqvarna, and several large-scale energy and research JVs involving Nextracker and regional partners. These deals typically focus on scaling manufacturing, technology deployment and regional presence. The current Teradyne Robotics collaboration fits this pattern of using partnerships to expand advanced manufacturing and automation capabilities across key end markets.

Historical Comparison

+1.6% avg move · Past partnership headlines have produced average moves of about 1.6%, suggesting investors typically...

partnership

+1.6%

Average Historical Move partnership

Past partnership headlines have produced average moves of about 1.6%, suggesting investors typically react moderately to collaboration news in this ecosystem.

Partnerships have evolved from manufacturing and research JVs in energy and solar to Flex’s own technology and manufacturing alliances, now extending into intelligent automation and robotics-enabled production.

Market Pulse Summary

This announcement deepens a long-standing relationship by combining Teradyne Robotics’ cobots and AM...

Analysis

This announcement deepens a long-standing relationship by combining Teradyne Robotics’ cobots and AMRs with Flex’s global manufacturing and deployment footprint. It highlights the use of emerging physical AI technologies to address growing production complexity and demand for flexible automation. Historically, collaboration and partnership news has produced modest average moves of about 1.6%, underscoring the importance of tracking execution milestones, deployment scale, and follow-on customer wins to gauge impact.

Key Terms

collaborative industrial robots, cobots, autonomous mobile robots, amrs, +1 more

5 terms

collaborative industrial robots technical

"deploying its collaborative industrial robots (cobots) and MiR autonomous mobile robots"

Collaborative industrial robots are compact, sensor-equipped machines designed to work side-by-side with human workers on manufacturing and assembly tasks, using built-in limits and safety features to reduce the need for cages or strict separation. For investors, they matter because they can boost productivity, lower labor costs, and make factories more flexible—think of them as power tools that let a single worker do more and adapt quickly to new products, driving potential revenue and cost savings.

cobots technical

"deploying its collaborative industrial robots (cobots) and MiR autonomous mobile robots"

Cobots are collaborative robots designed to work alongside humans on tasks like assembly, packing, inspection or data collection, combining physical automation with sensors and simple controls so they can operate safely near people. For investors they matter because cobots can raise productivity, cut labor costs and shorten production cycles much like adding an extra skilled pair of hands, affecting capital spending, profit margins and the competitive landscape of manufacturers and service providers.

autonomous mobile robots technical

"deploying its collaborative industrial robots (cobots) and MiR autonomous mobile robots (AMRs)"

Autonomous mobile robots are self-guided machines that move around workplaces—like self-driving carts or robotic helpers—to carry goods, inspect equipment, or perform routine tasks without a person steering them. They matter to investors because they can lower labor costs, speed up operations, and scale capacity much like adding more automated assembly lines, while also carrying adoption, integration and regulatory risks that can affect a business’s cost structure and growth prospects.

amrs technical

"deploying its collaborative industrial robots (cobots) and MiR autonomous mobile robots (AMRs)"

AMRS is a stock ticker symbol — a short code used by exchanges and investors to identify a specific publicly traded company’s shares, similar to a car’s license plate that uniquely identifies a vehicle. For investors, the ticker matters because it’s how you look up prices, trade shares, track performance, and compare the company to peers; using the wrong ticker can lead to tracking or trading the wrong investment.

physical ai technical

"applications that incorporate physical AI technologies designed to enable more adaptive"

Physical AI combines artificial intelligence with physical devices or environments, enabling machines to interact with and adapt to the real world in a human-like way. It matters to investors because it can lead to smarter robots, autonomous vehicles, or advanced sensors that improve efficiency and open new markets, potentially creating significant business opportunities and competitive advantages.

AI-generated analysis. Not financial advice.

News summary

• Teradyne Robotics solutions are part of Flex's effort across its global manufacturing footprint to standardize automation and accelerate productivity.
• Flex manufactures core robotics components for Teradyne Robotics, enabling scalable production and rapid global deployment of automation solutions.
• Expansion builds on a 20-year partnership manufacturing Teradyne semiconductor test equipment, extending collaboration into intelligent automation.

AUSTIN, Texas, April 22, 2026 /PRNewswire/ -- Flex (NASDAQ: FLEX) and Teradyne Robotics are expanding their collaboration to accelerate intelligent automation across global manufacturing. Under the expanded relationship, Flex plays a dual role by deploying Teradyne Robotics solutions within its own production facilities while manufacturing key robotics components that enable scalable automation deployments for Teradyne Robotics customers worldwide.

Teradyne Robotics brands Universal Robots (UR) and Mobile Industrial Robots (MiR) play a central role in the partnership. Flex manufactures key components for UR while deploying its collaborative industrial robots (cobots) and MiR autonomous mobile robots (AMRs) in Flex production environments. The combination of manufacturing and real-world deployment provides continuous operational feedback, validating robotics technologies at scale and enabling faster replication of successful automation workflows.

"For more than 20 years, Flex and Teradyne have partnered to deliver semiconductor equipment at global scale," said Dennis Kirkpatrick, President of Lifestyle, Consumer Devices, and Core Industrial, Flex. "Expanding our relationship into robotics and intelligent automation builds on a strong foundation, combining Teradyne Robotics' industry-leading technologies with Flex's advanced manufacturing capabilities, global footprint and execution expertise."

Flex supports Teradyne with advanced manufacturing, systems integration and global supply chain execution for semiconductor test platforms used across electronics and semiconductor production environments. Extending the partnership into manufacturing automation solutions reflects a natural evolution, leveraging shared expertise to address rising complexity, scale requirements, and the need for greater flexibility across modern production operations.

"Working closely with Teradyne Robotics as an automation partner allows us to scale intelligent automation while supporting increasingly complex manufacturing environments for customers in electronics, industrial equipment, data center infrastructure and other critical sectors," said Rodrigo DallOglio, President of Operational Excellence & Transformation, Flex.

Teradyne Robotics and Flex deliver next-generation intelligent automation applications that incorporate physical AI technologies designed to enable more adaptive, flexible solutions within increasingly complex production environments.

"Flex's experience in manufacturing complex products across industries, combined with its global scale and resilient supply chain, makes it an ideal partner for advancing intelligent automation," said Jean-Pierre Hathout, President of the Teradyne Robotics Group. "Together, we're accelerating the adoption of robotics technologies that improve productivity, flexibility and operational resilience across manufacturing environments worldwide."

As part of its ongoing work to advance next generation automation, Teradyne Robotics is integrating emerging physical AI technologies into its collaborative industrial robots and AMRs to help manufacturers address growing operational complexity. By combining these capabilities with Flex's manufacturing expertise and real-world deployment environments, the two companies are accelerating the validation and scaling of more adaptive, intelligent automation solutions that can respond to dynamic production needs and improve consistency, throughput, and efficiency across applications and global facilities.

Learn more about Teradyne Robotics solutions and Flex's capabilities in robotics-enabled manufacturing and automation.

About Flex

Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps leading brands design, build, and manage products that improve the world. With a global footprint spanning 30 countries, Flex delivers advanced manufacturing and supply chain solutions, innovative products and technology, and lifecycle services that support customers from concept to scale. In the AI era, Flex is helping customers accelerate data center deployment by solving power, heat, and scale challenges through cutting-edge power and cooling technology and scalable IT infrastructure solutions.

About Teradyne Robotics

Teradyne Robotics is a global leader in advanced robotics solutions, dedicated to revolutionizing manufacturing processes through innovation in collaborative and mobile robotic technology.

Teradyne Robotics companies, Universal Robots and Mobile Industrial Robots (MiR) empower businesses of all sizes to enhance operational efficiency by integrating the power of machines with human talent. Our comprehensive range of solutions enables companies to optimize manufacturing processes, leading to improved product quality, and increased productivity, while greatly improving worker safety.

Teradyne Robotics is a division of Teradyne, Inc. (NASDAQ: TER), a leading provider of automated test equipment and advanced robotics. For more information, visit teradyne.com. Teradyne® is a registered trademark of Teradyne, Inc. in the U.S. and other countries.

Media contacts

Media & Press 
Christie Haber  
Director, Commercial Marketing  
(602) 245-1057  
press@flex.com  

Investors & Analysts
Michelle Simmons
Senior Vice President, Global Investor Relations and Public Relations
(669) 242-6332
Michelle.Simmons@flex.com

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SOURCE Flex

FAQ

What did Teradyne Robotics (TER) and Flex announce on April 22, 2026?

They expanded a multi-decade partnership to scale intelligent automation globally. According to Teradyne Robotics and Flex, the deal adds component manufacturing and deployment of UR cobots and MiR AMRs in Flex facilities to accelerate validation and replication of automation workflows worldwide.

How will the TER and Flex partnership affect deployment of Universal Robots and MiR robots?

It will speed global deployment by combining manufacturing and real-world testing. According to the companies, Flex will produce key UR components and deploy cobots and AMRs in its factories to provide operational feedback and faster replication of automation solutions.

Does the April 22, 2026 agreement change Teradyne Robotics' product strategy (TER)?

The expansion extends product manufacturing and real-world use but does not announce new products. According to Teradyne Robotics and Flex, it focuses on integrating physical AI, scaling component production, and validating existing UR and MiR solutions across Flex operations.

What benefits does Flex gain from expanding its relationship with Teradyne Robotics (TER)?

Flex gains manufacturing scale, validated automation workflows, and supply-chain integration. According to Flex, the partnership leverages its global footprint and execution expertise to accelerate deployment, gather operational feedback, and improve consistency and throughput in production.

Will the TER–Flex collaboration introduce new AI capabilities into robotics deployments?

Yes; the companies plan to integrate emerging physical AI into robots for adaptive automation. According to Teradyne Robotics and Flex, combining physical AI with Flex's real-world deployments aims to create more adaptive, flexible solutions for dynamic production environments.