- BlackBerry (TSX:BB) reported that its QNX software is now embedded in more than 255 million vehicles worldwide
- This represents a year-over-year increase of 20 million and an increase of 80 million since 2020
- QNX is widely recognized as the backbone for a software-driven future by many leading original equipment manufacturers and Tier 1 suppliers globally
- BlackBerry stock (TSX:BB) last traded at C$3.42 per share
BlackBerry (TSX:BB) reported that its QNX software is now embedded in more than 255 million vehicles worldwide.
This represents a year-over-year increase of 20 million and an increase of 80 million since 2020.
The findings came from TechInsights, a top technology analysis and market research firm, who compared the volume of vehicles embedded with QNX software based on the number of BlackBerry QNX products that are shipped in the automotive market and the number of cars that contain BlackBerry QNX products and technology. Most of QNX software that is integrated and used in automotive engine control units is licensed on a per-unit royalty basis.
QNX is widely recognized as the backbone for a software-driven future by many leading original equipment manufacturers and Tier 1 suppliers globally, including BMW, Bosch, Continental, Dongfeng Motor, Geely, Honda, Mercedes-Benz, Toyota, Volkswagen, Volvo, and others. Its core software utilizes future-ready engineering designs, ranging from digital cockpits and advanced driver assistance systems to infotainment systems and domain controllers, allowing automakers to introduce innovations to the market more quickly and cost-effectively.
“The safety and security standards of systems embedded within critical operating layers of vehicles have never been under such close scrutiny,” BlackBerry’s president of IoT, Mattias Eriksson said in a news release. “But stringent safety requirements are necessary to pave the way for future developments in the auto industry, which entail a growing reliance on increasingly autonomous and complex functions. QNX is the trusted foundation for next-generation innovation and our presence in more than 255 million vehicles on the roads today demonstrates the confidence that automakers place in our technologies.”
The automotive sector is increasingly demanding that manufacturers and technology providers adhere to safety and security standards for mixed criticality systems. This can help ensure that software-defined vehicle innovations can safely meet today’s high-performance requirements and support future technological advancements.
BlackBerry provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500 million endpoints including more than 235 million vehicles.
BlackBerry stock (TSX:BB) last traded at C$3.42 per share.
Join the discussion: Find out what everybody’s saying about BlackBerry stock on the BlackBerry Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
(Top image: BlackBerry Ltd.)