Blackberry to focus on software development and providing it services.
Canadian BlackBerry, which is known as one of the first manufacturers of smartphones in the world, will cease to release these devices …
This is stated in the press release of the company.
It is noted that Blackberry has announced the conclusion of a deal with the Indonesian company PT BB Merah Putih, a joint venture, the most significant participant which is the largest telecommunications company in the country PT Tiphone Mobile Indonesia Tbk.
According to the deal, BB Merah Putih will produce and sell smartphones under the Blackberry brand using company software for Android, characterized by a high degree of protection. While Blackberry will focus on software development and providing it services in the second quarter of the current fingado its revenues in this segment almost doubled to $138 million.
Blackberry started producing and selling smartphones long before Apple’s iPhone, and was once the leader in this market with a market capitalization of $80 billion In the last financial quarter of the company’s net loss grew to $372 million, or 71 cents a share, while revenue fell from $490 million to $334 million.
