Blackberry Ltd inks deal with Foxconn to build low-end phones

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BlackBerry signed a partnership with Taiwan's Foxconn to build low-end devices for sale in emerging markets. (Reuters) BlackBerry signed a partnership with Taiwan's Foxconn to build low-end devices for sale in emerging markets. (Reuters)
SummaryBlackBerry said it hoped to expand the relationship with FoxConn to its top-of-the-line smartphones.

on unsold phones, the company also slashed by $2.7 billion the carrying value of some long-lived assets, mostly licensing deals made when it was far larger.

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