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Blackberry Outsourcing Smartphone Design In Strategic Shift; Shares Up

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy

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A posed Blackberry Bold 2 smartphone is seen at the Research in Motion (RIM) headquarters in WaterlooBy Alastair Sharp and Allison Martell TORONTO (Reuters) - BlackBerry Ltd will outsource the development and design of its smartphones, a product category it helped pioneer and popularize, as the Canadian company bets on software and managing rival devices, it said on Wednesday. Shares of BlackBerry rose about 6 percent in early trading, even as it reported a sharper-than-expected drop in quarterly revenue. BlackBerry said it was also in late-stage discussions for a similar deal in China and working on several India initiatives.




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