Research in Motion shares jumped 8% today on the news that the Blackberry phones will now be marketed in China. CEO Jim Basillie made the announcement regarding the Alcatel-Lucent joint venture today which drove the company's share price to $120.42 on the TSX. This follows weeks of speculation as the markets were awaiting this long overdue announcement and reacted as expected. More
Tuesday, October 23, 2007
RIM Shares up as Blackberry enters China!
Labels:
Mobile Computing,
Multimedia,
Network Security,
Technology,
Wireless
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