Borqs Technologies, Inc.

Borqs Technologies, Inc.

BRQS
Borqs Technologies, Inc.US flagNASDAQ Capital Market
0.43
USD
-0.14
- -
6.28MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Sek Yuen Chan
Full Time Employees
315
Sector
Technology
Industry
Software - Application
Address
Legend Tower Kwun Tong Hong Kong
IPO Date
Nov 5, 2015
Website
borqs.com
Business
Borqs Technologies, Inc. (Nasdaq: BRQS, OTC: BRQSF) develops and provides customizable, differentiated, and scalable Android-based smart connected devices, embedded software platforms, and end-to-end cloud service solutions for the Internet of Things (IoT), 5G wireless, and connected device markets. The company offers BorqsWare Client software for Android phones, tablets, watches, wearables, trackers, vehicles, home appliances, machines, and smart city applications; BorqsWare Server software for back-end mobile services; Mobile Virtual Network Operator (MVNO) services including 2G/3G/4G voice, data, IoT connectivity, and voice conferencing; Connected Solutions for design, development, and commercialization of IoT devices; and energy storage systems through its Holu Hou Energy LLC subsidiary targeting multi-dwelling units, single-family residential, and commercial properties. Borqs serves mobile chipset manufacturers, original equipment manufacturers, mobile operators, enterprises, and consumers in verticals such as automotive, industrial, healthcare, public safety, utilities, and telecommunications. Founded in 2007 and headquartered in Kwun Tong, Kowloon, Hong Kong, Borqs maintains research and development centers in the United States, China, India, and production facilities including Huzhou, China, with global operations spanning the U.S., Asia, Europe, and other regions. The company went public on Nasdaq in August 2017 and holds strategic partnerships with chipset vendors like Qualcomm, Intel, and Google as a licensed Android and Android Wear partner, supported by an intellectual property portfolio of approximately 130 granted patents and 35 pending. In 2021, Borqs expanded into clean energy by acquiring Holu Hou Energy LLC, a solar and energy storage systems provider focused on Hawaii project development. In late 2024, Sasken Technologies announced its intent to acquire Borqs' ODM and software services business, including BORQS International Holding Corp, with the transaction completing on April 8, 2025, to enhance Sasken's IoT, 5G, semiconductor, and connected device capabilities while allowing Borqs to pivot toward AI and blockchain software development through ongoing collaboration. These moves strengthen Borqs' focus on high-margin vertical IoT solutions and emerging technologies amid its global commercialization efforts.

Company News

APIChatGPT
  • Borqs Technologies Completed Cash Sale of Core Businesses To Sasken Technologies of India

  • Borqs Technologies Reports Half-Year 2024 Financial Results; Successfully Increases Efficiency

  • Why Is Borqs Technologies (BRQS) Stock Down 8% Today?

  • Borqs Technologies Announces Reverse Stock Split

  • Borqs Technologies Shortlists Buyers for the Second Round of Due Diligence & Negotiations for the Divestment of Holu Hou Energy LLC

  • Borqs Technologies is Expanding Its IoT Device Businesses in Africa Annual Potential Sales of $30 million

  • Borqs Technologies Announces Reverse Stock Split

  • Borqs Technologies, Inc. to Present at the Eighth Annual Dawson James Conference

  • Borqs Technologies and SkyCentrics Will Start Commercial Shipment of the Next Generation Modbus Adaptor in Q4 2023 for Smart Grid Appliance Manufacturers in the U.S.

  • Borqs Technologies Receives Nasdaq Notification Regarding Minimum Market Value Deficiency

  • Borqs Technologies, Inc. to Present on October 5th at the WallStreet Research / Global Capital Network / Med Tech Conference in Newport Beach, CA.

  • Borqs Technologies, Inc. featured in an updated research report by WallStreet Research™ with a “Speculative Buy” Rating

  • Borqs Technologies Received Extension from CFIUS for HHE Divestment, and Will Consider Share Buyback and/or Pay a Special Dividend

  • Borqs Technologies To Develop Edge AI-enabled Smart Watch for the U.S. Market

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