BlackBerry Software Is Now Embedded In Over 215 Million Vehicles – #marketnews

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today announced that Strategy Analytics, a leading independent research firm, has determined BlackBerry® QNX® software is now embedded in over 215 million vehicles worldwide, an increase of 20 million from the year before.

BlackBerry is the market leader for safety-certified embedded software in automotive, trusted by OEMs and Tier 1s across the industry, including BMW, Bosch, Continental, Honda, Mercedes-Benz, Toyota, and Visteon.  Automakers rely on BlackBerry QNX software for a broad range of critical systems for the vehicles of today and for the next generation software-defined vehicles of the future, as exampled by the growth announced today and the company’s design wins with 24 of the top 25 Electric Vehicle OEMs . 

BlackBerry also announced that its BlackBerry QNX royalty revenue backlog has increased to approximately $560 million at the end of its first quarter of Fiscal Year 2023.  This represents a 14% increase, from approximately $490 million last year.  The backlog metric is calculated annually using QNX’s royalty rates and current projections of anticipated volumes over the lifetime of a design.  BlackBerry QNX has recently achieved design wins with industry leaders such as Aptiv, Denso, Ford, GM, Hyundai, LG Electronics, Magna, and Volvo.

“BlackBerry continues to be the clear market leader in safety-critical embedded automotive software, with consistent growth in vehicles count, from over 16 million in 2013 to over 215 million today.  We are delighted to be trusted by automotive OEMs and Tier 1s around the world,” said John Chen, Executive Chairman & CEO, BlackBerry.  “Connected-autonomous vehicles are central to the development of smart cities, so as the two key markets that BlackBerry serves – IoT and Cybersecurity – converge into an interdependent and combined market, our growth in the automotive industry will accelerate the emergence of a trusted smart world.”

https://www.blackberry.com/us/en/company/newsroom/press-releases/2022/blackberry-software-is-now-embedded-in-over-215-million-vehicles

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