Executive Briefings

First BlackBerry Loses Customers, Now a Manufacturer Wants to Hang Up on It

Consumers have moved on from BlackBerry. T-Mobile will no longer sell the company's smartphones in its stores. And now a manufacturing partner wants out.

Jabil Circuit, a Florida provider of electronics manufacturing services, said this week that it would "wind down" its relationship with the troubled smartphone maker. BlackBerry is Jabil Circuit's second-largest customer, accounting for 12 percent of its business.

"We are faced with a strong possibility of disengaging with BlackBerry," Mark Mondello, Jabil Circuit's chief executive, said during a call with analysts. "Detailed plans and discussions are underway with our customer."

Jabil Circuit plans to take a restructuring charge related to the move, which Mondello said he was "disappointed" by.

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Jabil Circuit, a Florida provider of electronics manufacturing services, said this week that it would "wind down" its relationship with the troubled smartphone maker. BlackBerry is Jabil Circuit's second-largest customer, accounting for 12 percent of its business.

"We are faced with a strong possibility of disengaging with BlackBerry," Mark Mondello, Jabil Circuit's chief executive, said during a call with analysts. "Detailed plans and discussions are underway with our customer."

Jabil Circuit plans to take a restructuring charge related to the move, which Mondello said he was "disappointed" by.

Read Full Article