New BlackBerry CEO Says Handset Business Is Safe
BlackBerry's new chief executive officer, John S. Chen, today said that the company has no plans to shutter its smartphone business unit. "I know we have enough ingredients to build a long-term sustainable business," said Chen, speaking to Reuters. "I have done this before and seen the same movie before." Chen is confident that the company has all the right ingredients to stage a meaningful comeback. Chen is taking the reigns from Thorsten Heins, who is exiting the company after arranging a $1 billion investment from Fairfax Financial Holdings and other firms.
BlackBerry CEO Says Smartphone Biz Is On a Timer
John S. Chen, CEO of BlackBerry, admitted that its recent handsets have not sold as well as he hoped.
BlackBerry to Keep John Chen As CEO Through 2023
BlackBerry today said it has extended its contract with CEO John S. Chen, who will serve as chief executive through November 2023.
BlackBerry CEO Says 2016 May Be Last Year for Smartphones
BlackBerry CEO John S. Chen today said its smartphone business needs to generate a profit in 2016, "Otherwise, I have to think twice about what I do there." Chen's comments offer more insight into BlackBerry's frame of mind regarding smartphones.
BlackBerry All But Gives Up On Smartphones
BlackBerry CEO John S. Chen said the company plans to reduce the number of handsets it makes each year to one or two.
".......and seen the same movie before."