- The BlackBerry Z3 (BBRY +0.5%), first announced in February, goes for just $200 unsubsidized and is the first phone to be made via the company's Foxconn partnership.
- As suggested by its codename (Jakarta), the Z3 is initially aimed at Indonesia, a market where BlackBerry still has a sizable base. It sports a 5" 960x540 display, a dual-core, 1.2GHz., CPU, a 3G modem (a 4G version will launch later), and a 5MP rear camera.
- Competition will be provided by low-end Android phones from a slew of OEMs (Samsung, Huawei, ZTE, etc.) and white-box vendors.
- The Z3 launch comes as Motorola Mobility, soon to be owned by Lenovo (OTCPK:LNVGY), launches the Moto E, a $129 Android phone featuring a 4.3" 960x540 display, 3G modem, and 5MP camera.