NationMaster - Encyclopedia: Celestica

Celestica Inc. (TSX: CLS NYSE: CLS) 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). Year 1994 (MCMXCIV) The year 1994 was designated as the International Year of the Family and the International Year of the Sport and the Olympic Ideal by the United Nations. ... Template:Hide = Motto: Template:Unhide = Diversity Our Strength Image:Toronto, Ontario Location. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... Surface mount electronic components Electronics is the study of the flow of charge through various materials and devices such as semiconductors, resistors, inductors, capacitors, nano-structures and vacuum tubes. ... For the tax agency in Ireland of the same name, see Revenue Commissioners. ... USD redirects here. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... This article is about work. ... For the band, see Big Brother and the Holding Company. ... Onex Corporation is a Toronto based investment firm. ... A website (alternatively, web site or Web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or more web servers, usually accessible via the Internet. ... â€œTSXâ€ redirects here. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... multinational corporation (or transnational corporation) (MNC/TNC) is a corporation or enterprise that manages production establishments or delivers services in at least two countries. ... Electronic manufacturing services (EMS) is term used for companies that design, test, manufacture, distribute and provide return/repair services for electronic component and assemblies for original equipment manufacturers (OEMs). ...

History

Celestica was incorporated as a wholly owned subsidiary of IBM in January 1994. Onex Corporation acquired Celestica in October 1996 and controls approximately 80% of the company's voting shares. For other uses, see IBM (disambiguation) and Big Blue. ... Onex Corporation is a Toronto based investment firm. ... Year 1996 (MCMXCVI) was a leap year starting on Monday (link will display full 1996 Gregorian calendar). ...

Operations

Celestica’s global manufacturing network comprises more than 40 locations in the Americas, Europe and Asia. The company's global services include design and engineering, manufacturing and systems assembly, fulfillment and after-market services.

Celestica Site located in Reynosa, Mexico

One of the leading facilities which manage After Market Services (CAMS) is the one located in Reynosa, Mexico, a city located in the northern state of Tamaulipas. This site offers after market services such as repair, refurbish and retesting of several products for several customers. The list of customers this site has Business Units (BU) include:

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.

Celestica Site located in Cebu, Philippines

Celestica Cebu was formerly a NEC (Nippon Electronics Corporation) Site. By April 1, 2004, NTEP (NEC Technologies Philippines) was acquired by Celestica Corporate and given the name CPH (Celestica Philippines, Inc.). The products manufactured in CPH are:

ADSL Modem
Media Converter
Champ Amplifier
VDSL Layer 2 Switch
DSLAM
Line Termination Unit
VDSL Modem
Cable TV Home Terminal
Konsehal Ultra-Magic Sing Mega-Karaoke unit (the best selling product of 2006)
Integrated Gateway Unit
Motorola Handheld Scanners

Controversy

On Friday, January 12, 2007 a shareholder class action suit was filed in New York against Celestica and members of the company’s executive team.

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.

External links

References

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Research In Motion Limited (RIM) (TSX: RIM, NASDAQ: RIMM) is a Canadian wireless device company. ... SAGEM (SociÃ©tÃ© dâ€™Applications GÃ©nÃ©rales de lâ€™ElectricitÃ© et de la MÃ©canique, translated to Company of General Applications of Electricity and Mechanics) was a major French company involved in defence electronics, consumer electronics and communication systems. ... For an arrangement of Sony Ericsson products, see list of Sony Ericsson products Sony Ericsson is a joint venture established in 2001 by the Japanese consumer electronics company Sony Corporation and the Swedish telecommunications company Ericsson to make mobile phones. ... Conglomerate is the term used to describe a large company which consists of divisions of often seemingly unrelated businesses. ... GE redirects here. ... It has been suggested that HCL Technologies and HCL Infosystems be merged into this article or section. ... It has been suggested that Hitachi Works be merged into this article or section. ... 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For other uses, see ASUS (disambiguation). ... This article is about the corporation Dell, Inc. ... Fujitsu Siemens Computers is a Japanese and German IT vendor, selling consumer and business computing products in the markets of Europe, the Middle East and Africa (products marketed elsewhere are sold under the Fujitsu brand). ... The Hewlett-Packard Company (NYSE: HPQ), commonly known as HP, is a very large, global company headquartered in Palo Alto, California, United States. ... Lenovo Group Limited (SEHK: 0992,OTCBB: LNVGY) is today the third largest personal computer manufacturer in the world, after Hewlett-Packard and Dell of the US, and is tied with Acer of Taiwan. ... Quanta Computer Incorporated is a Taiwan-based manufacturer of notebook computers and other electronic hardware. ... VAIO logo VAIO, an acronym for Video Audio Integrated Operation, is a sub-brand for many of Sonys computer products. ... 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