x PhoneArena is hiring! Reviewer in the USA

One of RIM’s hardware partners to stop making BlackBerrys

Posted: , posted by Charlene S.

Tags :

One of RIM’s hardware partners to stop making BlackBerrys
Toronto-based Celestica has been manufacturing hardware for RIM for many years now. In a statement released today the company said it will “wind down” its manufacturing services for RIM over the next three to six months. It expects restructuring charges up to $35 million.

Celestica will provide more details about its transition away from RIM on Friday, July 27 when it conducts its second-quarter press release and conference call.

This news comes a few weeks after RIM announced it was sitting on a massive stock of unsold BlackBerry hardware that may force the company to perform a $1 billion write-down. Clearly the supply is far outweighing the demand at this point.

source: Celestica

11 Comments
  • Options
    Close





Want to comment? Please login or register.

Latest stories