Canada-based Celestica announced plans today to "wind down" manufacturing services for Research in Motion over the next three to six months. More details will come next month during Celestica's second-quarter conference call, but this comes as a direct result of RIM's downturn. The two Canadian companies worked closely together in the past and Celestica is likely looking to sever ties before things get really ugly.
Monday, June 18, 2012
Celestica, A Canadian Manufacturing Contract Company, Parts Ways With RIM
Canada-based Celestica announced plans today to "wind down" manufacturing services for Research in Motion over the next three to six months. More details will come next month during Celestica's second-quarter conference call, but this comes as a direct result of RIM's downturn. The two Canadian companies worked closely together in the past and Celestica is likely looking to sever ties before things get really ugly.
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