Canadian manufacturer Celestica bails on RIM because of "unsold inventory."
"Toronto-based original device manufacturer Celestica on Monday announced that it will stop producing hardware for struggling mobile device vendor Research In Motion. Celestica stated that it will wind down manufacturing services related to BlackBerry devices over the next three to six months, and it expects restructuring charges to be less than $35 million. RIM reported earnings for its fourth fiscal quarter in late March, missing expectations and painting a bleak picture for its first two quarters in fiscal 2013. The vendor also announced that it would take a $1 billion charge related to unsold BlackBerry device inventory."