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Beleaguered RIM drastically cuts production of PlayBook flop

“Quanta Computer has reportedly cut back production lines for RIM’s PlayBook at its factory in northern Taiwan due to a large decrease in orders and has offered preferential compensation to lay off about 1,000 workers, according to industry sources,” Aaron Lee and Adam Hwang report for DigiTimes. “Quanta confirmed the layoffs but declined to comment on clients and orders.”

“In April, RIM forecast sales of 4-5 million PlayBooks in 2011, the sources noted. However, RIM shipped fewer than 800,000 units during the first half of 2011 and monthly shipments dropped to about 100,000 units in the third quarter, the sources said,” Lee and Hwang report. “In view of drastically shrinking ODM orders from RIM, Quanta quickly decided to downsize its production to minimize losses, although RIM has not indicated plans to withdraw from the tablet PC market, the sources explained.”

Read more in the full article here.

MacDailyNews Take: Delusional hubris hurts more than just the deluded. May DCW‘s batshit insane half-CEOs’ charade end sooner than later.

[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]

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