BlackBerry
Inks Deal With Foxconn After .4 Billion Loss
Struggling
BlackBerry has inked a five-year
Deal With Foxconn to make phones for the Indonesian and other "fast-growing markets" following a
.4 Billion third-quarter loss
In a
press release 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
"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."
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