BlackBerry says it’s done making new phonesSeptember 28, 2016 - 17:22 AMT PanARMENIAN.Net - BlackBerry announced on Wednesday, September 28 that it is going to stop designing its own phones, bringing one of the most iconic products of the internet era to an end, The Independent said. The now struggling company used to be the biggest and most important smartphone maker in the world. But it has said that it will now stop designing them itself, instead outsourcing that development to partners and focus on its own software and security products. It brings to an end months of speculation about what BlackBerry would do with its smartphone business, which has been gradually overtaken by companies like Apple and Samsung. Closing down the part of its business that makes phones will help the company save on capital, CEO John Chen said in a statement. Instead, it will have other companies design and build them, removing the need for that investment. The news comes as Blackberry reported losses of $372m (£286m) in the last quarter, compared with a profit of $51m in the same period last year. According to estimates, the company claimed just 0.1 percent of the market in the Q2 2016, equating to sales of some 400,400 units. The last BlackBerry phone to be manufactured by the company was the Priv, the company's first Android-powered device, released in November last year. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Armenia, Russia discuss life extension of Metsamor nuclear plant Issues regarding the extension of life of the 2nd power unit of the Armenian Nuclear Power Plant were discussed in Yerevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |