Monday, June 18, 2012

Reuters: Technology News: Celestica to end manufacturing services for RIM

Reuters: Technology News
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Celestica to end manufacturing services for RIM
Jun 18th 2012, 12:14

Mon Jun 18, 2012 8:14am EDT

(Reuters) - Celestica Inc, a contract electronics manufacturer, said it will wind down its manufacturing services for BlackBerry maker Research in Motion over the next three to six months.

Celestica - which produces smartphones, servers and other products for branded manufacturers such as RIM, IBM and Cisco - expects restructuring charges of up to $35 million prior to any recoveries.

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