| From: Sultan | 9/23/2021 2:44:44 AM | | | | | | As mentioned, despite of the supply chain issue QNX continue to win new design at a very solid pace. In the quarter, we had 23 new design wins, with seven in auto and 16 in the general embedded market, we call it, GEM. Because of our market presence and leading technology, we are a trusted go-to supplier and market leader in auto. Furthermore, we're delighted to announce that we now have design wins with 24 of the world's Top 25 electric vehicle automakers, as measured by volume. Having been selected, most recently by Daimler as part of their design -- as part of their EV design. This is up from the 23 of 25 we had last quarter. These 24 OEMs, between them represent 82% of global EV market -- production, sorry, 82% of global EV production. This demonstrate a leading position we have in this very fast growing part of the auto industry.
Following Q & A is referring to Tesla without mentioning the name.. Since Tesla is the only one with whom BB does not have a deal of some sort..
Todd Coupland -- CIBC -- Analyst
Hey there, John. Nice to talk to you. I'll follow-up on the EV line of questioning. So that 25th OEM, which you don't have, your role is bringing out new vehicles, many new vehicles that are selling well at lower prices, etc. What are the chances, if you're getting into that OEM?
John Chen -- Executive Chairman & Chief Executive Officer
My team promised me, through up and down they're working it. And so I'm hopeful that I -- the fact that they typically like to do compete vertical integrations, it still require work from us. But we're working it. |
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| From: kidl | 9/24/2021 8:07:08 AM | | | | | | Globe says BlackBerry seen trading above fair value
BlackBerry Ltd (C:BB)
Shares Issued 566,994,978
Last Close 9/23/2021 $13.44
Friday September 24 2021 - In the News
The Globe and Mail reports in its Friday, Sept. 24, edition that BlackBerry remains an "underperformer" for CIBC analyst Todd Coupland, who recommends investors wait for a more opportune time to buy. The Globe's David Leeder writes that Mr. Coupland shaved his share target by a buck to $10 (all figures U.S.). Analysts on average target the shares at $8.29. BlackBerry recently posted second quarter result that exceeded Mr. Coupland's expectations, but not enough to warrant an upgrade. Mr. Coupland says in a note: "While Q2 appears to be the low quarter for this year, the expected recovery during the second half of F2022 is expected to be modest in QNX due to automotive semiconductor shortages and Spark experiencing an extended sale cycle. One important offset is the patent portfolio sale is now expected to be announced by November. Management indicated that negotiations had progressed to a point where a definitive agreement was highly likely. Despite that, we believe the recent rise in Blackberry's share price due to interest from Reddit users has pushed it past its fair value given muted growth prospects." The Globe reported on June 29 that Mr. Coupland said do not buy BlackBerry, which was then worth $12.24.
© 2021 Canjex Publishing Ltd. |
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| To: kidl who wrote (1644) | 9/24/2021 1:51:20 PM | | From: Sultan | | | | All the Canadian Bank Brokers and even BNN when they cover BB has a tone that is quite negative.. Don't know if there are any US Analysts following them or not..
For my money, I don't particularly care.. FWIW |
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| To: Sultan who wrote (1645) | 9/24/2021 3:11:08 PM | | From: Cogito Ergo Sum | | | | Frankly I think (despite the chart)n That U R on track
but being a cheap I guy I have buys on weakness and strength
It is also nonautomotive play which I like..and the chip 'shortage' well be over much sooner that thought.. so much gaming in foreing markets LOL
China is fine
Can u imagine a Chinese LCTM etc.. I CANNOT :) |
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