Update: Read Seth Weintraub’s review at Fortune.

RIM has introduced the QWERTY-equipped BlackBerry Torch, the Canadian company’s latest attempt to consolidate its hold on part of the smartphone market against the Apple assault and steady Android creep.

The BlackBerry Torch has a touch screen, like the iPhone, and a full Qwerty slide out keyboard. It will be exclusively carried by AT&T, until someone else picks it up.

The new BlackBerry runs BlackBerry OS 6 and goes on sale August 12 for $199.99 with a two-year AT&T contract.

The new operating system gives BlackBerry its first full Web browser, as well as other features that are common on most of today’s smartphones like social networking integration, universal search and multiple home screens. The new phone also includes a 5 megapixel camera. 

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