Tuesday, June 19, 2012

RIM manufacturing partner pulls plug on BlackBerry

RIM manufacturing partner pulls plug on BlackBerry

Contract electronics manufacturer Celestica Inc said on Monday that it will stop making products for struggling mobile device vendor Research and Motion (RIM) over the next three to six months. RIM is Celestica's biggest customer, but the BlackBerry maker accounted for only 19-percent of the first-quarter revenue, down 16-percent from a year earlier. The drop is reportedly due to a weak demand for BlackBerry products.
“Celestica has been a high-performing manufacturing supplier for RIM and will work closely with RIM throughout the transition,” Celestica said in a press release.

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