BlackBerry has announced it will shut its hardware division after recent efforts to revive its phone business have largely failed.
CEO of the Canadian firm, John Chen, said in a statement: "The company plans to end all internal hardware development and will outsource that function to partners."
The news follows the company's second-quarter results, posted on Wednesday, which revealed a loss of $372 million following a profit of $51 million a year ago. Revenue also fell by a third to $334 million.
BlackBerry's hardware division closure was predicted earlier this month by a Canadian investment website.
Read more at http://www.trustedreviews.com/news/it-s-official-the-dtek60-is-blackberry-s-smartphone-funeral-song#8tITvPVUEMdavEhh.99
The site's report noted that the division itself makes up more than 65% of BlackBerry's research and development expenses but the company's smartphones make up less than 1% of the global market.
With the hardware production becoming outsourced, the troubled smartphone maker will be free to focus on software development and services.
Read more at http://www.trustedreviews.com/news/it-s-official-the-dtek60-is-blackberry-s-smartphone-funeral-song#8tITvPVUEMdavEhh.99
Despite embracing Android last year as part of an attempt to revive its status as one of the top smartphone makers, the company's efforts have largely failed to turn its fortunes around.
This year BlackBerry released the DTEK50 handset, which was built by Alcatel and runs Android 6.0 Marshmallow.
Read more at http://www.trustedreviews.com/news/it-s-official-the-dtek60-is-blackberry-s-smartphone-funeral-song#8tITvPVUEMdavEhh.99
No comments:
Write comments