SAN FRANCISCO -- Lucent Technologies has entered into an exclusive, three-year contract manufacturing pact with Celestica to build its wireless products.
Lucent notified the Securities and Exchange
Commission of the deal in a filing today.
SAN JOSE – Revenues of electronics manufacturing services providers
will grow 13% this year, down from 20% last year, according to a report
by research firm Technology Forecasters Inc. The burst of the housing
“bubble” coupled with astronomical energy prices could wreck the
current recovery, the firm said.
TFI economic analyst Matt Chanoff said, “Two macroeconomic phenomena
could have significant negative impact on overall worldwide GDP over
the next five years: extended very high energy costs and the collapse
of the housing bubble, either of which could lead to a drastic
reduction in consumer spending and ultimately, recession.”