BlackBerry CEO says robotics is one of its fastest-growing businesses

BlackBerry's QNX division, known for its automotive software, is seeing significant growth in its robotics business. According to CEO John Giamatteo, robotics is one of QNX's fastest-growing areas, as the company leverages its expertise in embedded systems and real-time operating systems to expand into new markets. This development is noteworthy, as it highlights BlackBerry's successful diversification beyond its core smartphone business.

The growth of QNX's robotics business is also reflective of the increasing demand for automation and robotics across various industries, including manufacturing, healthcare, and logistics. As companies invest in robotics and automation to improve efficiency and productivity, BlackBerry's QNX software is well-positioned to benefit from this trend. With its strong reputation for reliability and security, QNX is likely to remain a key player in the robotics software market.

Looking ahead, investors will be watching BlackBerry's QNX division closely to see if it can sustain its growth momentum in robotics and other emerging markets. Key areas to watch include the company's progress in developing new applications for its QNX software, as well as its ability to compete with other players in the rapidly evolving robotics and automation space. As BlackBerry continues to transform itself, its QNX division is likely to remain a key driver of growth and innovation.

Originally reported by cnbc.com. Expo-News adds analysis for finance & markets readers.