BlackBerry CEO John Chen has taken to his personal blog to quash rumours of the manufacturer exiting the handset business.
According to an article in Reuters, the struggling Canadian firm was considering its options in terms of handset manufacture, while looking to expand with investments, acquisitions and partnerships.
Reuters quoted Chen saying: ‘If I cannot make money on handsets, I will not be in the handset business.
‘We are building an engineering team on the service side that is focused on security. We are building an engineering team on the device side that is focused on security. We will do some partnerships and we will probably, potentially do an M&A on security.’
However, the chief exec clarified that his company had 'no intention of selling off or abandoning the business'.
He said: 'I want to assure you that I have no intention of selling off or abandoning this business any time soon. I know you still love your BlackBerry devices. I love them too and I know they created the foundation of this company. Our focus today is on finding a way to make this business profitable.
'BlackBerry is not a handset-only company. We offer an end-to-end solution and devices are an important part of that equation. That’s why we’re complementing our Devices business with other revenue streams from enterprise services and software, to messaging. We’re also investing in emerging solutions such as Machine to Machine technologies that will help to power the backbone of the Internet of Things.
'We will do everything in our power to continue to rebuild this business and deliver devices with the iconic keyboard and other features that you have come to expect from this brand.'
Chen, who took over from Thorsten Heins in November, hinted that the smartphone maker would be able to make money from shipping 10 million devices per year.
Last week BlackBerry reported a $5.9bn (£3.45bn) loss in its fiscal 2014 results. Around 3.4 million handsets were sold in Q4 2013 worldwide, although 2.3 million were BlackBerry 7 devices.