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% 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 Wednesday. "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.
"Taking a decision to part ways with a customer is never easy. It comes with varying degrees of tactical difficulty," he said. "BlackBerry has Jabil's full support during this transition. We will do whatever we can to help our customer and meet their needs, all while protecting the interest of our shareholders."