financetom
Technology
financetom
/
Technology
/
BlackBerry Powers Up: Hyundai Mobis Chooses QNX For Next-Gen Digital Cockpit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BlackBerry Powers Up: Hyundai Mobis Chooses QNX For Next-Gen Digital Cockpit
Nov 9, 2024 12:14 PM

BlackBerry Limited ( BB ) shares are trading relatively flat in the morning session on Thursday.

Yesterday, the company announced that Hyundai Mobis, a subsidiary of the Hyundai Motor Group (OTC:HYMTF), has selected BlackBerry QNX to power its next-generation digital cockpit platform.

Hyundai Mobis will use BlackBerry’s QNX Hypervisor for Safety and QNX Advanced Virtualization Frameworks (QAVF) for its next-generation digital cockpit platform.

“With BlackBerry QNX technology underpinning our next generation digital cockpit platform, together we are helping to deliver a smarter and more technologically sophisticated future for drivers and passengers alike, without sacrificing safety, security or reliability,” said Sung-Hoon Lee, SVP of Sales Division at Hyundai Mobis.

QNX’s foundational software supports digital cockpits and advanced driver assistance systems (ADAS) to infotainment systems and domain controllers at lower cost.

Also Read: Bitcoin, Ethereum, Dogecoin Slingshot To The Moon After Trump Victory But ‘Sharp’ Correction Might Be In Store: Analyst Views BTC Between $80-90K By End Of Year

“We’re confident that automakers worldwide will embrace Hyundai Mobis’ cutting-edge digital cockpit platform as they enhance the safety and personalization of the in-car experience,” said Dhiraj Handa, VP, Asia Pacific region at BlackBerry QNX.

On October 31, BlackBerry announced an expansion of its long-standing collaboration by inking a pact of BlackBerry QNX with Intel Corporation. 

Last month, the company announced details of profitability for its IoT and Cybersecurity divisions, including strategic options for the Cylance business.

BlackBerry projected FY25 cyber revenues between $350 million and $365 million and optimistic about achieving break-even results, signaling a potential turnaround after previous challenges.

In a press release dated September 26, the company said it expects FY25 revenues of $591 million – $616 million.

According to Benzinga Pro, BB stock has lost 39% in the past year.

Price Action: BB shares are trading higher by 0.31% to $2.297 at last check Thursday.

Read Next:    

The BITCOIN Act Of 2024 ‘Is A Significant Proposal' — Will It Redefine US Crypto Regulation?

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Uncovering Potential: Fabrinet's Earnings Preview
Uncovering Potential: Fabrinet's Earnings Preview
Jul 28, 2025
Fabrinet ( FN ) is gearing up to announce its quarterly earnings on Monday, 2025-05-05. Here's a quick overview of what investors should know before the release. Analysts are estimating that Fabrinet ( FN ) will report an earnings per share (EPS) of $2.47. Fabrinet ( FN ) bulls will hope to hear the company announce they've not only beaten...
Still Loving My ‘If It Went to Zero’ NFT
Still Loving My ‘If It Went to Zero’ NFT
Jul 28, 2025
During the NFT boom of 2021, NFT-aficionados said “I’d love it even if it went to zero” as a tongue-in-cheek countercultural declaration that meaning and membership mattered more than profit. It became kind of like a punk rock ethos in Web3. Burning money (figuratively or literally) was a flex to signal individual belonging to an in-group that positioned itself as...
'Partisans' who paralyzed Russian airports have track record of disruptive hacks
'Partisans' who paralyzed Russian airports have track record of disruptive hacks
Jul 28, 2025
By AJ Vicens and Raphael Satter WASHINGTON (Reuters) -One of the groups claiming responsibility for the digital sabotage at Aeroflot, Russia's flagship airline, has a track record of disruptive hacks. The Belarusian Cyber Partisans - a long-established group sworn to overthrow Belarusian President Alexander Lukashenko - joined with a more obscure group known as Silent Crow to claim responsibility for...
Beyond The Numbers: 11 Analysts Discuss Lam Research Stock
Beyond The Numbers: 11 Analysts Discuss Lam Research Stock
Jul 28, 2025
During the last three months, 11 analysts shared their evaluations of Lam Research ( LRCX ) , revealing diverse outlooks from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
Copyright 2023-2026 - www.financetom.com All Rights Reserved