BlackBerry's Encryption Patents Could Be Its Saving Grace

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BlackBerry's Encryption Patents Could Be Its Saving Grace

by Wochit 0:57 mins

BlackBerry's Encryption Patents Could Be Its Saving Grace

by Wochit 0:57 mins

Days after BlackBerry announced it was for sale, some people suggested that the beleaguered phone maker sell its patent portfolio to avoid going into the red. While BlackBerry's smartphones sales have been tepid at best, the company still has a healthy portfolio of 130 encryption patents. Now in his tenth year as CEO of HTC Corp, Peter Chou is lauded as the architect of the Taiwanese firm's award-winning smartphones. But as the company's fortunes have dived, some insiders say he's now an obstacle to any revival. Reuters interviewed a dozen former and current HTC executives who said Chou's abrasive management style and weak strategic vision play their part in the company's decline, which has coincided with the success of Apple Inc's iPhone and Samsung Electronics' Galaxy phones.

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