BlackBerry announces partnership with Foxconn after losses of 4.4 billion




Company “BlackBerry” Friday on a strategic partnership for five years with the company, “Foxconn” Foxconn after announcing losses of $ 4.4 billion for the third quarter of this year.

“Foxconn is one of the largest Chinese companies specialized in the manufacturing of electronic products for many companies, such as Apple, Sony and Microsoft, and others.

The partnership focuses mainly me producing smart phones for promotion next year in markets with rapid growth, “John Shin, CEO of BlackBerry, the first smartphone product” Foxconn “in favor of” BlackBerry “will arrive in March or April of next year, will be launched in the Indonesian market first, then six or seven other markets.

This partnership demonstrates BlackBerry vowed to continue in the market over the long term, and their determination to remain as one of the leading companies in its field, as “Shane”.

For his part, “Terry Zhao, founder and President of the Foxconn” pleased with this partnership, aimed at the production and development of BlackBerry devices, at the company’s plants in Indonesia and Mexico.

The “BlackBerry” revealed Friday that its losses for the third quarter which amounted to $ 4.4 billion, as the company sold during that quarter about 1.9 million smartphones, compared with 3.7 million smartphones were sold during the second quarter of this year.

And observers believe that the BlackBerry this partnership intends to compete against some of the companies that produce low-cost phones like Nokia and Motorola through smart phone Moto GP after many financial losses incurred by the company.
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