A Blackberry smartphone is displayed in this illustrative picture taken in Bordeaux, Southwestern France, August 22, 2016. REUTERS/Regis Duvignau/Files
BlackBerry Ltd and Chinese Internet search firm Baidu Inc signed a deal to jointly develop self-driving vehicle technology, sending BlackBerry's Toronto-listed shares up 13% to a four-year high.
The deal follows similar agreements with firms including Qualcomm Inc, Denso and Aptiv Plc to develop autonomous-driving technology with BlackBerry's QNX software, which are expected to start generating revenue in 2019.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
