Wireless News
07-26-2013, 09:50 AM
(Reuters) - Canadian contract electronics manufacturer Celestica Inc reported a 14 percent drop in quarterly revenue due to the loss of a contract with BlackBerry Ltd . The consumer business, which included sales from BlackBerry last year, accounted for 7 percent of total revenue, down from 21 percent last year. Sales at the communications business, the company's largest, rose 12 percent to $627 million, accounting for 42 percent of overall revenue. The business makes networking equipment for telecom companies. Total revenue fell to $1.50 billion in the second quarter From $1. ...
More... (http://news.yahoo.com/celestica-profit-rises-communications-business-grows-111022651.html)
More... (http://news.yahoo.com/celestica-profit-rises-communications-business-grows-111022651.html)