Lufax Holding (LU)

[Gd2Aussie3]

NewsFinder MarketWatch RSS Feeds
MARKETWATCH NEWS NEWS SERVICES PRESS RELEASES MARKET ADVISERS NEWS SEARCH


Ticker/keyword: TickerKeyword Source: All MarketWatch NewsTop StoriesRealTime HeadlinesMarket PulsePremium ProductsTV & Radio

2:10pm 10/05/05
Lucent, Celestica agree to manufacturing services deal (LU, CLS) By Gabriel Madway
SAN FRANCISCO (MarketWatch) -- Lucent Technologies Inc. (LU) has entered into an external manufacturing services agreement with Celestica Corp. (CLS) , 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.

G'day Mates.

Aussie