Blackberry will launch a low-cost smartphone in April: Report

Blackberry will launch a low-cost smartphone in April: Report
BlackBerry has been struggling to keep pace in the increasingly competitive global smartphone market, and recently reported a massive $4.4 billion loss in the third quarter, with a 56 percent drop in revenue. low-cost BlackBerry phones will be taken over by Foxconn. The report informs that the first phone from the BlackBerry and Foxconn partnership will be nicknamed Jakarta and can be expected to hit markets by April 2014.In addition, BlackBerry's interim chief executive, John Chen has revealed that the manufacturing. The report cites a source and claims that BlackBerry will be continuing to work on its high-end devices and is reportedly working on two such phones, codenamed Ontario and Windermere.

On Monday, BlackBerry's share prices surged on the Foxconn handset production deal, even though it posted dismal quarterly results. The Hong Kong-listed unit of Taiwan's Foxconn would initially build low-end devices for sale in Indonesia and other emerging markets, while BlackBerry is said to be expanding the fledgling relationship to its top-of-the-line smartphones.

BlackBerry is also reported to plan more sales incentives to distributors and operators for pushing the sales of its devices, which is expected to result in lower-prices for its handsets based on BB10 and BB7 OS.

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