Celestica Inc. () is a multinational electronics manufacturing services (EMS) company headquartered in Toronto, Canada. Celestica operates a global manufacturing network with operations in Asia, Europe and the Americas, providing a broad range of integrated services and solutions to leading OEMs (original equipment manufacturers).
Motorola - this B.U. is widely dedicated to repairing and refurbishing several models, such as V551, V557, V3, V3c, V325, MotoQ
Palm - it repairs and refurbishes smartphones such as Treo 600, Treo 650, Treo 700, and some other handheld models.
RIM - BlackBerry smartphones such as Charm C and Charm D
Sun Microsystems- microprocessor modules for wide range of Network Servers
Lucent Technologies - radio base electronic cards for mobile technologies
HP - displays and monitors
Avaya - wireless phones, hubs and phone handsets
Competition for this site include Solectron, Foxconn, Jabil Global Services, Teleplan, which all of the last 3 also have facilities in Reynosa.
VDSL Layer 2 Switch
Line Termination Unit
Cable TV Home Terminal
Integrated Gateway Unit
Motorola Handheld Scanners
The complaint alleges that the company made materially false and misleading statements about the business and failed to disclose adverse facts, namely:
(i) that the Company was experiencing declining demand in its Mexican operations and that the division was carrying significant amounts of unneeded inventory which would have to be written off;
(ii) that the Company was experiencing declining demand in its Information Technology (IT) and Communications market segments as its larger customers scaled back purchases; and that the stock dropped when this information later became public.
This class action suit is still being solved as of January 25, 2007.