TORONTO: BlackBerry'svolatile shares surged on Wednesday after the smartphone maker said one of its established partners had placed an order for 1 million BlackBerry 10 smartphones, with shipments set to begin immediately.
The Waterloo, Ontario-based company said it is the largest ever single purchase order in its history, a big fillip for the company that is attempting to regain relevance in the ultra-competitive smartphone market, where it has ceded ground to rivals like Apple Inc's iPhone, Samsung Electronics' line of Galaxy devices and other devices powered by Google Inc's Android operating system.