BlackBerry cancels two phones; BlackBerry LIVE now dead
As we've told you, contract manufacturer Foxconn has inked a deal with BlackBerry and will design, produce, and handle the inventory of BlackBerry's new low-cost models for the next five years. New BlackBerry CEO John Chen says that he would like to see Foxconn also handle high-end devices as well. The first low-end model to launch from this partnership, codenamed the Jakarta, is expected to launch in Indonesia this coming April. BlackBerry is supposed to receive a certain return on its investment, and any profit above that amount will be split by Foxconn and BlackBerry.
BlackBerry has also canceled its customary BlackBerry LIVE conference for 2014. The manufacturer will replace this with a number of smaller conferences to be held around the planet next year. These get-togethers will be more focused on specific topics and BlackBerry is hopeful that this will make them more useful to those attending.
source: BlackBerry via WSJ