14 April 2009 | Martha McKenzie-Minifie
Research In Motion (RIM), the firm that produces BlackBerry, is reportedly reducing its supply costs as its huge growth presents opportunities to press for bargains during the recession.
In an interview with newswire Bloomberg, Jim Balsillie, RIM co-chief executive officer, said: "Being a strong growth company in a challenging environment makes you an important customer."
No specifics were given on the scale of the savings extracted from suppliers.
On 2 April, RIM released results for the three months and fiscal year ended 28 February.
The Nasdaq-listed company reported that about 3.9 million new BlackBerry subscriber accounts were added in the quarter, bringing the total to about 25 million.
Balsillie said the quarter was "another record" and the financial year was "extraordinary".
"We see exceptional opportunities for RIM and its partners to leverage the investments and success of the past year to continue growing market share and profitability."