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One of RIM's Hardware Makers to Stop Making BlackBerries

Article Comments  11  

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

Updated: typo

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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