RIM pushing costs down at BlackBerry suppliers
04/13, 1:20pm
RIM pressuring suppliers
BlackBerry smartphone maker Research In Motion's (RIM) co-CEO Jim Balsillie said the company's growth during the tough economy is allowing it to demand discounts from its suppliers, Bloomberg reported on Monday. The executive says that it's been attempting to mitigate the effects of the financial crunch by trimming the amount spent making the devices themselves. Five of RIM's biggest suppliers make up nearly 90 percent of its production costs, based on data sourced from Connexiti.