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BlackBerry rolls out cheaper phone as it tries to stem losses

BlackBerry rolls out cheaper phone as it tries to stem losses

PanARMENIAN.Net - BlackBerry Ltd unveiled a new, cheaper smartphone on Tuesday, Feb 25, as it tries to stem losses and win back customers in emerging economies where customers are gravitating toward devices powered by Google's Android operating system, according to Reuters.

The device is being built under a partnership deal with FIH Mobile Ltd - the Hong Kong-listed unit of Taiwanese electronics giant Foxconn.

The device, codenamed Jakarta, will first go on sale in Indonesia in April for under $200, said John Chen, BlackBerry's new chief executive, who took the reins at the company late last year.

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