- Business
- Borqs Technologies, Inc. (BRQSF) develops and provides customizable Android-based smart connected devices and cloud service solutions for Internet of Things (IoT) applications worldwide. The company offers BorqsWare Client software for Android phones, tablets, watches, and IoT devices including wearables, vehicles, home appliances, machines, and smart cities; BorqsWare Server software for back-end mobile end-to-end services; and previously commercial-grade platforms for fitness trackers and energy storage systems through its former subsidiary Holu Hou Energy. Founded in 2007 and headquartered in Kwun Tong, Hong Kong, Borqs operates research and development centers in the United States, China, India, and previously Hawaii, serving mobile chipset manufacturers, device original equipment manufacturers, operators, enterprises, and consumers across the United States, China, and international markets. In April 2025, Borqs completed the sale of its core original design manufacturing and software services businesses to Sasken Technologies Limited for up to $40 million in cash, including performance-based earnouts for 2024 and 2025, enabling a strategic pivot to emerging opportunities in artificial intelligence, blockchain software and services, and capital-related ventures while maintaining alliances with partners like Qualcomm.