BlackBerry exits smartphone design with outsourcing plan; shares rise

By Alastair Sharp and Allison Martell TORONTO (Reuters) - BlackBerry Ltd will outsource the development and design of its smartphones, a product category it helped pioneer and popularize, as the Canadian company bets on software and managing rival devices, it said on Wednesday. The company's shares rose about 4 percent as investors welcomed a further shift away the money-losing handset business, where BlackBerry went from being a market leader to trailing far behind rivals like Apple Inc . Black