Lucent, Celestica agree to manufacturing services deal, report says
Oct 06, 2005
Lucent Technologies Inc. has entered into an external manufacturing services agreement with Celestica Corp. , according to a filing Wednesday with the Securities and Exchange Commission. Under the agreement, Celestica has the exclusive right to manufacture and provide Lucent's requirements for most of its existing wireless products which Lucent integrates and tests before delivery to its customers. For new wireless products, except in limited cases, Celestica also has an exclusive right to manufacture them. The deal is for a minimum of three years, with no right to terminate for convenience.