1. BlackBerry is back in the game; CEO reveals robotics is its fastest growing sector within the company

BlackBerry is back in the game; CEO reveals robotics is its fastest growing sector within the company

Technology

  • Robotics has emerged as one of BlackBerry's fastest-growing sector.
  • It's QNX software, now used in robotics, is embedded in 275 mn vehicles and has a $950 mn royalty forecast.
  • CEO Giamatteo identified industrial robots, including forklifts and medical devices, as significant growth opportunities.
  • BlackBerry's stock has doubled this year, reflecting improved profitability and a strategic shift towards robotics.

Source: cnbc.com

Get 100 stories a day on the app Read, watch & listen · Free on iOS & Android

Newer

Older