BlackBerry ceased its mobile operating systems in January 2022, effectively exiting the smartphone market due to fierce competition from iOS and Android. The company has since rebranded itself as a leading force in the realm of cybersecurity, with a commitment to assisting businesses, government agencies, and safety-critical institutions in securing the Internet of Things.
CEO John Chen elaborated on the move, stating, “Both the IoT and Cyber businesses possess cutting-edge technology and talent and cater to substantial and growing market opportunities. This proposed structural change will enhance their operational flexibility and their capacity to focus on delivering outstanding solutions to their clientele.”
