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BlackBerry (BB) Upgrades QNX to Simplify Android integration

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·3 min read
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BlackBerry BB has launched an updated version of QNX Advanced Virtualization Frameworks (QAVF) to strengthen Alphabet’s GOOGL Google Android Automotive OS (AAOS) reference implementation (Trout 1.0).

AAOS now supports deployment as a guest virtual machine (VM) in systems that use the VIRTIO standard, thanks to its new product called Trout 1.0.

BlackBerry Limited Price and Consensus

BlackBerry Limited Price and Consensus
BlackBerry Limited Price and Consensus

BlackBerry Limited price-consensus-chart | BlackBerry Limited Quote

QAVF will help automotive software developers simplify development, accelerate time to market and cut costs when developing AAOS-based IVI systems.

QAVF boosts QNX Hypervisor products to provide complex sharing in a hypervised environment for systems like digital cockpits, domain controllers etc., that require a combination of safety and non-safety functions.

The QNX software allows automotive original equipment manufacturer (OEM) to develop and run common software platforms across in-vehicle systems such as gateways, engine controllers, digital cockpits and emerging domain controllers. Blackberry QNX is a market leader for safety-certified embedded software in automotive in more than 195 million vehicles.

The QNX Hypervisor products, QAVF and Trout 1.0, when used together, provide a strong application development environment by using the features and benefits of the Android operating system. It also simplifies Android integration for customers while providing an ideal environment for developing “mixed-criticality” systems.

BlackBerry is also extending QAVF to integrate VIRTIO standards and add various features like USB management, specialized graphics and filesystem sharing for mission-critical environments.

The two companies have collaborated previously to introduce Chrome Enterprise Management with BlackBerry Unified Endpoint Management (UEM). The UEM solution, along with Google, will keep employees connected and secure so that they can work virtually from any device. This also enables users to work on their preferred technology without compromising enterprise security.

BlackBerry provides intelligent security software and services to enterprises and governments worldwide. BlackBerry is gaining from the momentum of cybersecurity and IoT businesses, supported by a robust pipeline of design wins and pipeline growth for unified endpoint security products.

Shares of BlackBerry have lost 63.2% in the past year compared with the industry’s fall of 15.5%.

Zacks Rank & Stocks to Consider

BlackBerry currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks from the broader technology space are InterDigital IDCC and Avnet AVT. InterDigital and Avnet currently sport a Zacks Ranks #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for InterDigital’s 2022 earnings is pegged at $3.28 per share, increasing 5.13% in the past 60 days. The long-term earnings growth rate is anticipated to be 15%.

InterDigital’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 141.13%. Shares of IDCC have declined 22.9% in the past year.

The Zacks Consensus Estimate for Avnet’s fiscal 2022 earnings is pegged at $6.83 per share, rising 20.5% in the past 60 days. The long-term earnings growth rate is anticipated to be 37.2%.

Avnet’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 21.22%. Shares of Avnet have grown 4.5% in the past year.


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