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12-20-2013, 10:35 PM
BlackBerry Inks Deal With Foxconn After $4.4 Billion Loss
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Struggling BlackBerry (http://mashable.com/category/blackberry/?utm_medium=feed&utm_source=rss) has inked a five-year deal with Foxconn to make phones for the Indonesian and other "fast-growing markets" following a $4.4 billion third-quarter loss
In a press release (http://press.blackberry.com/content/dam/bbCompany/Desktop/Global/PDF/Investors/Documents/2013/Q3_FY2014_Press_Release.pdf) explaining the move, CEO John Chen said he sees those foreign markets as a key to a BlackBerry turnaround.
See also: BlackBerry to Customers: We're **t Going Anywhere (http://mashable.com/2013/10/14/blackberry-letter-customers/?utm_medium=feed&utm_source=rss)
"This partnership demonstrates BlackBerry’s commitment to the device market for the long-term and our determination to remain the in**vation leader in secure end-to-end mobile solutions,” Chen said. “Partnering with Foxconn allows BlackBerry to focus on what we do best –- iconic design, world-class security, software development and enterprise mobility management — while simultaneously addressing fast-growing markets leveraging Foxconn’s scale and efficiency that will allow us to compete more effectively." Read more... (http://mashable.com/2013/12/20/blackberry-foxconn/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Blackberry (http://mashable.com/category/blackberry/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Foxconn (http://mashable.com/category/foxconn/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/l-oBwvm-aiQ
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Struggling BlackBerry (http://mashable.com/category/blackberry/?utm_medium=feed&utm_source=rss) has inked a five-year deal with Foxconn to make phones for the Indonesian and other "fast-growing markets" following a $4.4 billion third-quarter loss
In a press release (http://press.blackberry.com/content/dam/bbCompany/Desktop/Global/PDF/Investors/Documents/2013/Q3_FY2014_Press_Release.pdf) explaining the move, CEO John Chen said he sees those foreign markets as a key to a BlackBerry turnaround.
See also: BlackBerry to Customers: We're **t Going Anywhere (http://mashable.com/2013/10/14/blackberry-letter-customers/?utm_medium=feed&utm_source=rss)
"This partnership demonstrates BlackBerry’s commitment to the device market for the long-term and our determination to remain the in**vation leader in secure end-to-end mobile solutions,” Chen said. “Partnering with Foxconn allows BlackBerry to focus on what we do best –- iconic design, world-class security, software development and enterprise mobility management — while simultaneously addressing fast-growing markets leveraging Foxconn’s scale and efficiency that will allow us to compete more effectively." Read more... (http://mashable.com/2013/12/20/blackberry-foxconn/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Blackberry (http://mashable.com/category/blackberry/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Foxconn (http://mashable.com/category/foxconn/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/l-oBwvm-aiQ