BlackBerry Limited (NYSE:BB) is in the spotlight Wednesday after a busy week that included a new smart camera platform for advanced driver assistance with Valeo, with a series of investor conferences coming up.
BlackBerry QNX, Valeo Unveil Smart Camera Platform with Chinese Auto Design Wins
On Nov. 5, QNX, a division of BlackBerry, and Valeo announced a strategic collaboration to integrate QNX OS for Safety into Valeo's new front-view smart camera platform. The platform has already secured design wins with multiple automakers in China and is expected to enter production later this year. It combines QNX's safety-certified software with Valeo's advanced driver assistance hardware and software stack, and supports functions such as detecting vehicles, pedestrians, road markings and traffic signs.
The companies announced it at the Canada Pavilion at the China International Import Expo in Shanghai, and the release said QNX software is embedded in more than 275 million vehicles. Canada's Minister of International Trade, Maninder Sidhu, said the partnership creates new opportunities for BlackBerry in a growing market like China.
"Valeo's decision to build their new smart camera platform on QNX reflects the trust that leading companies across the automotive ecosystem place in our safety-certified foundational software," said William Dong, QNX's chief representative of Greater China.
BlackBerry to Attend Three Investor Conferences Through November
BlackBerry announced Wednesday that executives will participate in three investor conferences. At the BMO Technology and Innovation Leaders Conference in New York on Nov. 12, Grant Courville, senior vice president of products and strategy at QNX, will hold one-on-one meetings with institutional investors, with no formal presentation or webcast scheduled.
At the RBC Capital Markets Global TIMT Conference in New York on Nov. 17, Chief Financial Officer Tim Foote and John Wall, president of QNX, will take part in a fireside chat at 2:40 p.m. ET and meet with investors. At the TD Cowen Canadian Technology Conference in Toronto on Nov. 24, Foote and Wall will hold a fireside chat at 3:00 p.m. ET and meet with investors.
BlackBerry Shares Trade Higher
BB Price Action: At the time of publication, BlackBerry shares are trading 2.79% higher at $9.39, according to data from Benzinga Pro.