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BlackBerry Partners China's TCL to Make BlackBerry Branded Mobile Devices

BlackBerry Partners China's TCL to Make BlackBerry-Branded Mobile Devices 3i593y

By Reuters | Updated: 16 December 2016 11:46 IST

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BlackBerry Ltd said China's TCL Communication Technology Holdings Ltd would make and sell BlackBerry-branded mobile devices globally, the Canadian smartphone pioneer's first licensing deal since its transition to a software company. 2w4u17

The devices made by TCL, which also makes Alcatel-branded mobile devices, will be coupled with BlackBerry's security software and service suite, the company said on Thursday.

Samsung.

BlackBerry said TCL.

The new agreement gives TCL, the fourth-largest handset maker in North America, the right to make and sell BlackBerry-branded smartphones in all countries except India, Sri Lanka, Nepal, Bangladesh and Indonesia, some of BlackBerry's biggest handset markets.

BlackBerry in September signed a deal giving Indonesia's BB Merah Putih the rights to make and sell new devices in that country, its largest handset market.

BlackBerry's revenue from software and services was $156 million (roughly Rs. 1,057 crores) in its latest quarter, down from $166 million in the prior quarter. The device business contributed $105 million in revenue.

© Thomson Reuters 2016

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