Wednesday, 28 September 2016

BlackBerry done designing smartphones after reporting $342 million loss

BlackBerry logo Priv

It’s the end of an era today, as BlackBerry has announced that it will stop developing smartphone hardware.

BlackBerry CEO John Chen today confirmed that BlackBerry will stop all internal hardware development and instead outsource that work to its partners. “This allows us to reduce capital requirements and enhance return on invested capital,” Chen explained.



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