BlackBerry CEO John Chen is not done with phones yet: He confirmed on Friday plans to release two new Android-powered BlackBerry handsets for 2016 that will cost around $400 for consumers.
During last week's quarterly earnings reporting, Mr. Chen warned analysts and reporters that the company might exit the smartphone business by fall, 2016, if the division didn't start making money.
The CEO suggested in an interview with The National, an Abu Dhabi-based newspaper, that one of the new devices would have an integrated physical keyboard while the second would be touchscreen-only.
Mr. Chen acknowledged the company's first Android phone was priced too high at $700 and had been a slow-selling disappointment.
"People do like our Priv, but there's a much more limited audience and that segment seems to be saturated at the moment," he said.
The handset unit sold 600,000 units in the quarter, down from 700,000 in the quarter previous.
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Source: BlackBerry plans to release two new Android phones
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