Don't miss BlackBerry 10 launch, get live updates

BANGALORE, INDIA: It's near do-or-die situation for BlackBerry-maker Research in Motion (RIM), as it is gearing up for its virtual last-ditch attempt in revising its dwindling fortunes with the launch of BlackBerry 10 (BB10), its latest mobile operating system.

On Wednesday, it will unveil to the world the new OS, presumably along with two new BB handsets.

On the latest release, RIM was quoted saying, "BlackBerry 10 is being crafted to provide a compelling user experience that is intuitive and extremely responsive, allowing you to instinctively increase your productivity and to stay ultimately connected to all aspects of your life."

As pressure is being mounted up by market competitors, led by Apple and Samsung, with a great array of smartphones and other touch devices, including tablets, all eyes are on the Canadian gadget manufacturer to pull the rug under its rivals' feet.

The launch is scheduled at the United Kingdom at 3 pm (local time) as well as in the United States and in the Middle-East the same day.

If you are keen in knowing what RIM has its up its sleeve, you can follow it live here and here.