Canadian contract manufacturer, Celestica, parts ways with RIM
One of RIM’s oldest contract manufacturing partners, Celestica, is parting ways with the BlackBerry smartphone maker. Also based in Canada, Celestica will wind down its manufacturing services for RIM over the next three to six months, Techcrunch reports. Read on for more.
This is yet another indication of how much trouble RIM is in as partners begin to leave. Earlier, RIM announced it had hired JP Morgan and RBC to advise the company on its options, which included partnerships, licensing opportunities as well as business model alternatives. RIM was also reported to be writing off as much as $1 billion in unsold smartphone and tablet inventory, which the company is expected to announce in its quarterly result later this month.