By Tony Connelly

Blackberry chief executive John Chen has warned that the brand will vanish from the mobile phone handset market if it fails to increase its smartphones slaes six fold.

Speaking at the Code Mobile conference in California yesterday Chen stated that Blackberry must sell 5 million phones per year in order to make the business profitable and if it failed to do so it would exit the handset business altogether.

The target might not be ambitious in relation to the kind of sales which Apple and Samsung make each year however considering Blackberry only sold 800,000 phones in the last financial year the Read full story ›

Source: The Drum