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One of RIM's Hardware Makers to Stop Making BlackBerries

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Jun 18, 2012, 7:39 AM   by Eric M. Zeman
updated Jun 18, 2012, 7:41 AM

Celestica, an original device manufacturer that has for years built BlackBerries, servers, and other hardware for Research In Motion, will "wind down" its manufacturing services for RIM. The company said in a statement that the transition away from RIM's products will take three to six months to complete, and it expects to take a restructuring charge of less than $35 million. Last month, RIM warned that it will have to write-down $1 billion of inventory of unsold BlackBerry smartphones, which indicates it has a significant surplus of hardware at the moment.

more info at Celestica »
more info at Reuters »

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Subject Author Date
Sounds more like... Jarahawk Jun 18, 2012, 11:41 PM
Doesn't Sound Good Vmac39 Jun 18, 2012, 4:49 PM
 
 
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