UPDATE 1-S.Korean BlackBerry bid not seen raising Canadian concerns

Wed Jan 14, 2015 7:01pm EST
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(Adds quotes from source, background on previous position regarding BlackBerry sale)

By Randall Palmer

OTTAWA Jan 14 (Reuters) - A possible bid for BlackBerry Ltd by South Korea's Samsung Electronics Co Ltd would be unlikely to raise Canadian government security concerns, sources familiar with Ottawa's thinking said on Wednesday.

"I don't imagine that there'd be any security roadblocks," the source said, reacting to a Reuters story that Samsung had recently approached BlackBerry Ltd about buying the smartphone maker.

A second source familiar with government thinking said previously expressed concerns about a Chinese firm possibly buying BlackBerry would almost certainly not apply to South Korean companies.

Any foreign bid for BlackBerry would automatically have to be reviewed by the federal Industry Department to determine whether it is of net benefit to Canada, and it would ultimately go to cabinet for approval.

The sources made clear that the fact that Samsung was South Korean should not in and of itself be an issue.

"There's never been any suggestion that South Korea would be an obstacle," the first source said. "I don't think anybody would question Samsung."

In 2013, the Conservative government had strongly hinted to BlackBerry that any sale to China's Lenovo Group would be rejected due to security concerns, sources told Reuters at the time.   Continued...