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Celestica

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About Celestica

Recent History
In the past 24 months, Celestica has made significant strides in expansion and acquisitions, including the October 2023 acquisition of NCS Global Services LLC, which bolstered its IT asset disposition and sustainable technology services, enhancing its circular economy offerings. Another key development was the July 2024 announcement of strong second-quarter financial results, with revenue increasing 23% year-over-year to $2.39 billion, driven by demand in connectivity and cloud solutions segments. In April 2023, the company expanded its manufacturing footprint with a new facility in Kulim, Malaysia, aimed at supporting semiconductor and advanced packaging needs amid growing AI and high-performance computing demands. These moves reflect Celestica's focus on adapting to supply chain challenges and capitalizing on tech industry growth.
Introduction
Celestica is a global leader in design, manufacturing, and supply chain solutions, headquartered in Toronto, Canada, with operations in over 50 sites across 15 countries. Originally spun off from IBM in 1994, the company now serves diverse sectors including aerospace, defense, healthcare, and communications, positioning itself as a key partner for original equipment manufacturers (OEMs) seeking efficient, scalable production. Currently, Celestica is leveraging the surge in AI and data center demands, reporting a market capitalization of around $6 billion as a publicly traded entity on the NYSE and TSX. This positioning allows it to bridge hardware innovation with sustainable practices, making it an attractive employer for those interested in impactful tech roles.
Tech Department
Celestica's tech department excels in advanced manufacturing technologies, offering competitive advantages through its expertise in high-mix, low-volume production and rapid prototyping for complex electronics. The company heavily utilizes software and IT applications like AI-driven predictive analytics for supply chain optimization and IoT-enabled smart manufacturing systems, which integrate seamlessly with client needs in edge computing and 5G infrastructure. Its industry, electronics manufacturing services (EMS), is well-positioned for innovation due to the boom in AI hardware and renewable energy tech, allowing for cutting-edge projects in areas like photonics and advanced packaging. Reputation-wise, Celestica is viewed positively for career development, with structured mentorship programs and global mobility opportunities, though salaries average around $90,000-$120,000 for software engineers, slightly below big tech but competitive in manufacturing, according to Glassdoor reviews.
The Business Side
Celestica faces weaknesses such as vulnerability to global supply chain disruptions, as seen in semiconductor shortages, and relatively thin profit margins in the competitive EMS space. Opportunities abound in expanding AI and EV markets, where its expertise in high-reliability manufacturing can capture more contracts from hyperscalers and automotive firms. Threats include intense competition from giants like Foxconn and Flex, who dominate volume production, potentially eroding market share. Main challenges involve navigating geopolitical tensions affecting component sourcing from Asia, alongside the need to invest in sustainable practices to meet regulatory demands.
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Celestica

No ratings yet
0 reviews
Recent History
In the past 24 months, Celestica has made significant strides in expansion and acquisitions, including the October 2023 acquisition of NCS Global Services LLC, which bolstered its IT asset disposition and sustainable technology services, enhancing its circular economy offerings. Another key development was the July 2024 announcement of strong second-quarter financial results, with revenue increasing 23% year-over-year to $2.39 billion, driven by demand in connectivity and cloud solutions segments. In April 2023, the company expanded its manufacturing footprint with a new facility in Kulim, Malaysia, aimed at supporting semiconductor and advanced packaging needs amid growing AI and high-performance computing demands. These moves reflect Celestica's focus on adapting to supply chain challenges and capitalizing on tech industry growth.
Introduction
Celestica is a global leader in design, manufacturing, and supply chain solutions, headquartered in Toronto, Canada, with operations in over 50 sites across 15 countries. Originally spun off from IBM in 1994, the company now serves diverse sectors including aerospace, defense, healthcare, and communications, positioning itself as a key partner for original equipment manufacturers (OEMs) seeking efficient, scalable production. Currently, Celestica is leveraging the surge in AI and data center demands, reporting a market capitalization of around $6 billion as a publicly traded entity on the NYSE and TSX. This positioning allows it to bridge hardware innovation with sustainable practices, making it an attractive employer for those interested in impactful tech roles.
Tech Department
Celestica's tech department excels in advanced manufacturing technologies, offering competitive advantages through its expertise in high-mix, low-volume production and rapid prototyping for complex electronics. The company heavily utilizes software and IT applications like AI-driven predictive analytics for supply chain optimization and IoT-enabled smart manufacturing systems, which integrate seamlessly with client needs in edge computing and 5G infrastructure. Its industry, electronics manufacturing services (EMS), is well-positioned for innovation due to the boom in AI hardware and renewable energy tech, allowing for cutting-edge projects in areas like photonics and advanced packaging. Reputation-wise, Celestica is viewed positively for career development, with structured mentorship programs and global mobility opportunities, though salaries average around $90,000-$120,000 for software engineers, slightly below big tech but competitive in manufacturing, according to Glassdoor reviews.
The Business Side
Celestica faces weaknesses such as vulnerability to global supply chain disruptions, as seen in semiconductor shortages, and relatively thin profit margins in the competitive EMS space. Opportunities abound in expanding AI and EV markets, where its expertise in high-reliability manufacturing can capture more contracts from hyperscalers and automotive firms. Threats include intense competition from giants like Foxconn and Flex, who dominate volume production, potentially eroding market share. Main challenges involve navigating geopolitical tensions affecting component sourcing from Asia, alongside the need to invest in sustainable practices to meet regulatory demands.