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BlackBerry (BB) and ETAS GmbH collaborate to address the automotive industry's transition toward SDVs.
BlackBerry (BB) collaborates with AMD to focus on the development of a robotic systems platform for augmenting performance and scalability of robotic systems in industrial and healthcare verticals.
Shares of BlackBerry (BB) jumped in intraday trading Tuesday as the provider of intelligent security and software services and Advanced Micro Devices (AMD) announced a collaboration aimed at boosting performance, reliability, and scalability for robotic systems in industry and healthcare.
BlackBerry (BB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Blackberry (TSX:BB) shares jumped more than 9% after the Canadian technology firm announced it has partnered with semiconductor manufacturer Advanced Micro Devices Inc (NASDAQ:AMD, ETR:AMD) to deliver a platform for robotic systems in the industrial and healthcare sectors. Blackberry (TSX:BB) said that the platform would leverage its QNX Software Development Platform with hardware solutions powered by the AMD Kria KR260 robotics starter kit.
BlackBerry (NYSE: BB ) stock is rising higher on Tuesday after the tech company announced a new partnership with semiconductor company Advanced Micro Devices (NASDAQ: AMD ). BlackBerry and AMD are teaming up on robotic systems.
BlackBerry Ltd NYSE: BB was once the leader in the smartphone segment in the mid-2000s when they were known as Research In Motion. Their BlackBerry smartphones had built-in physical keyboards and a trackball utilizing SMS technology.
BlackBerry's (BB) fiscal fourth-quarter performance benefits from solid momentum across Cybersecurity and IoT business units.
BlackBerry reported record quarterly revenues in its Internet of Things (IoT) division in a post-session trading update, with total sales jumping 25% year on year to $66 million. At an 85% gross margin, IoT was a top cash generator for the mobile phone-cum-software company, though cybersecurity remained the primary revenue driver at $95 million in the quarter.
BlackBerry Ltd shares rose more than 6% in after-hours trading on Wednesday following the company's unexpected adjusted profit in its latest quarter, showcasing significant sales growth in its cybersecurity and internet-of-things (IoT) businesses.