BlackBerry software now deployed in more than 215 million vehicles worldwide

BlackBerry (NYSE: BB; TSX: BB) today announced that more than 215 million vehicles worldwide are now powered by BlackBerry®QNX®software , according to Strategy Analytics, a leading independent research firm., an increase of 20 million units from 2021.

As the market leader in safety-certified embedded automotive software, BlackBerry is trusted by industry automakers and Tier 1 suppliers such as BMW, Bosch, Continental, Honda, Mercedes-Benz, Toyota, and Visteon.Whether it's BlackBerry's latest growth figures or its winning design orders from 24 of the world's top 25electric vehiclemakers, it's clear that BlackBerry QNX software has gained the trust of automakers and is now It supports a range of key systems including the car and the next generation of software-defined cars.

According to the latest announcement, as of the end of the first quarter of fiscal year 2023, BlackBerry QNX’s unrealized royalty revenue (Royalty Revenue Backlog) increased from $490 million last year to $560 million, an increase of 14%.This figure is calculated annually based on QNX royalty rates and current estimatedproduction volumesthroughout the design cycle .Recently, BlackBerry QNX has won design orders from well-known companies in the industry such as Aptiv, Denso, Ford, General Motors, Hyundai Motor, LG Electronics, Magna and Volvo Cars.

Cheng Shouzong, Executive Chairman and CEO of BlackBerry, said: "As of now, the number of vehicles equipped with BlackBerry QNX has continued to grow from more than 16 million in 2013 to more than 215 million. This reaffirms BlackBerry's presence in the field of safety-critical embedded automotive software. , continues to be the market leader. We are pleased that BlackBerry has earned the trust of global automakers and Tier 1 suppliers. Connected autonomous vehicles are critical to smart city development, and with BlackBerry's commitment to IoT and networking The two businesses of safety are converging into an integrated and interdependent market, and our growth in the automotive industry will contribute to further building a trustworthy, smart world."

Roger Lanctot, Director, Connected Vehicles at Strategy Analytics, said: "BlackBerry has been the solution of choice for safety-critical automotive software, and its deployment in hundreds of millions of vehicles worldwide reflects BlackBerry's industry-leading strategic vision. Over the past seven years, BlackBerry has maintained and expanded its leadership in a rapidly changing market, successfully delivering innovative automotive software solutions to vehicles sold by automakers and Tier 1 suppliers around the world."

Strategy Analytics calculates the number of vehicles installed with BlackBerry QNX software based on the shipments of BlackBerry QNX products in the automotive market and the number of vehicles using BlackBerry QNX products and technologies.The vast majority of BlackBerry QNX software products integrated and applied to in-vehicle ECUs are licensed and charged on a per-unit basis.