RIM Making Changes to Business Operations, Leadership

Research In Motion could start licensing its proprietary BlackBerry 10 OS platform to third party handset manufacturers, according to new, but unconfirmed reports.

Apart from that, the company is likely to reconsider its current approach in the global smartphone arena. As a part of this move, RIM could form new alliances with other key players in the market with a vision of regaining its foothold.

Speaking to the company's speculated plans of introducing some drastic renovations in its smartphone segment, Jefferies & Co.'s Peter Misek stated: "We think some of this has already been started with RIM likely agreeing to license Blackberry 10 to Samsung, HTC, and possibly others," according to a Softpedia report.

"This would help create a critical mass for the ecosystem and maintain RIM's monthly service revenue; however, it puts more pressure on the hardware business in the short term," Misek added.

Meanwhile, the company's top leadership is also undergoing some drastic changes. Both Mike Lazaridis and Jim Balsillie, the company's co-chief executives have collectively resigned from their positions after being subject to immense pressure from investors.