BlackBerry confirms it will end in-house hardware development, will outsource to partners instead

Ailing mobile phone giant BlackBerry has confirmed long-standing rumors that it would stop making hardware, and instead would focus on software and services. Announcing its Q2 Fiscal 2017 financials today, BlackBerry revealed that it made a mere $352 million in the last quarter, down by more than $100 million year-on-year and down by $1.3 billion on three years previous. But buried within all the financial hullabaloo, CEO John Chen said that the company would now move to outsource its hardware manufacturing to third parties, and announced its first such deal.
Read more: http://venturebeat.com/2016/09/28/blackberry-confirms-it-will-end-in-house-hardware-development-will-outsource-to-partners/?source=Snapzu