BlackBerry to cut down on phone production, still planning on a device to appease iPhone users

Mr. John Chen, CEO of BlackBerry, sat down with FOX Business reporters to talk about the past and future of the phone-building company. BlackBerry was pretty prominent in the past, but allowed itself to slip and fall from the top soon after Apple rocked the industry with the release of the iPhone. Ever since, BlackBerry handsets have remained favorite handsets for governments and some professionals, but have fallen off the mainstream public's radar.

In the interview, Mr. Chen admits that the company has decided to shift focus from making handsets to further developing the security of its ...

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