WATERLOO, Ont., June 21, 2021 /PRNewswire/ -- BlackBerry
Limited (NYSE: BB; TSX: BB) today announced that Strategy
Analytics, a leading independent research firm, has determined
BlackBerry® QNX® software is now embedded in
over 195 million vehicles, an increase of 20 million from the year
before.
BlackBerry QNX is the market leader for safety-certified
embedded software in automotive. Automakers and Tier 1s,
including Aptiv, BMW, Bosch, Ford, GM, Honda, Mercedes-Benz,
Toyota, and Volkswagen, trust BlackBerry QNX software for a broad
range of critical systems. These include Advanced Driver
Assistance Systems (ADAS), Digital Cockpits and Secure Data
Gateways, all of which are becoming increasingly prevalent in
vehicles. Furthermore, BlackBerry QNX is key to the future of
the automotive industry, with design wins with 23 of the top 25
electric vehicle automakers, and providing a safe, reliable, and
secure software foundation for autonomous drive vehicle
systems.
BlackBerry also announced that BlackBerry QNX royalty revenue
backlog has increased to $490 million
at the end of its first quarter of fiscal year 2022. This
represents a 9% increase, from $450
million last year. The backlog metric is calculated
using contracted prices and future production volume estimates
provided by the customer when they award BlackBerry a design
win. BlackBerry QNX has recently announced design wins with
industry leaders such as Baidu, Desay SV, Scania, Volvo, and
XPeng.
"BlackBerry continues to clearly demonstrate its leadership
position in safety-critical embedded automotive software, with both
an increased vehicle count and strong growth in royalty revenue
backlog. Achieving over 195 million vehicles marks the sixth
consecutive year that this count has increased," said John Chen, Executive Chairman & CEO,
BlackBerry. "We continue to innovate our platform, which
further strengthens our market advantage. BlackBerry QNX is
very well positioned to capitalize on the secular trends of greater
safety-critical software in the car, the transition to electric
vehicles and the move towards autonomous drive."
"BlackBerry's industry footprint continues to outpace overall
market growth, as demonstrated by today's announcement, which was
achieved in spite of a challenging year for the automotive
industry," said Roger Lanctot,
Director, Automotive Connected Mobility, Strategy Analytics.
"Over the past six years, BlackBerry has successfully extended its
market impact beyond infotainment, enabling wider adoption of
advanced, safety critical systems in connected-autonomous
vehicles."
BlackBerry engaged with research and industry analyst firm,
Strategy Analytics to verify the volume of vehicles embedded with
BlackBerry 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.
The vast majority of BlackBerry QNX software products that
are integrated and used in automotive ECUs are licensed on a
per-unit royalty basis. BlackBerry QNX technology includes
QNX® Neutrino® OS, QNX® Platform
for ADAS, QNX® OS for Safety, QNX® CAR
Platform for Infotainment, QNX® Platform for Digital
Cockpits, QNX® Hypervisor 2.2 and QNX acoustics
middleware.
For more information on BlackBerry QNX visit
BlackBerry.com/QNX.
For more information on why 23 of the top 25 electric vehicle
automakers chose BlackBerry QNX click here.
For a description of the BlackBerry QNX royalty revenue backlog
metric, please refer to BlackBerry's report on Form 10-Q for the
first quarter of fiscal year 2021, available on
BlackBerry.com/Investors.
About BlackBerry
BlackBerry (NYSE: BB; TSX: BB)
provides intelligent security software and services to enterprises
and governments around the world. The company secures more
than 500M endpoints including over
195M vehicles. Based in
Waterloo, Ontario, the company
leverages AI and machine learning to deliver innovative solutions
in the areas of cybersecurity, safety and data privacy solutions,
and is a leader in the areas of endpoint security management,
encryption, and embedded systems. BlackBerry's vision is
clear - to secure a connected future you can trust.
BlackBerry. Intelligent Security. Everywhere.
For more information, visit BlackBerry.com and follow
@BlackBerry.
Trademarks, including but not limited to BLACKBERRY and
EMBLEM Design are the trademarks or registered trademarks of
BlackBerry Limited, and the exclusive rights to such trademarks are
expressly reserved. All other trademarks are the property of
their respective owners. BlackBerry is not responsible for any
third-party products or services.
Media Contact:
BlackBerry Media Relations
+1 (519) 597-7273
mediarelations@BlackBerry.com
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SOURCE BlackBerry Limited