BlackBerry may sell handset business

April 13, 2014 1:51 am

BlackBerry has said it would consider exiting its handset business if it remains unprofitable, as the technology company looks to expand its corporate reach with investments, acquisitions and partnerships, Reuters has reported. “If I cannot make money on handsets, I will not be in the handset business,” BlackBerry chief executive, John Chen said, adding that the time frame for such a decision was short. “I don’t have the luxury at all. I’m losing money and burning cash.”