TORONTO: Research In Motion Ltd has hired bankers for a far-reaching strategic review and to look for partnerships as the BlackBerry-maker warned it would likely report a shock fiscal first-quarter operating loss.
RIM virtually invented the concept of on-your-hip e-mail with its first BlackBerry devices, but now finds itself struggling badly in the smartphone market as it trails far behind Apple Inc and other rivals such as Samsung Electronics that use Google Inc’s Android software.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!