Borqs Technologies
Software · China · 201-500 Employees
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Overview
Headquarters
Dongfeng Kaso Dongfengbeiqiao 3/f Ste 30...Phone Number
+91 8043347100Website
www.borqs.comRevenue
$52.5 MillionStock Symbol
BRQSFIndustry
About Borqs Technologies
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Debt
$23M
Other Financing Round
$16M
Borqs Technologies Tech Stack
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Borqs Technologies News & Media
Borqs Technologies Shows Revenue Growth in Interim Financial Report
Borqs Technologies ( (BRQSF) ) has provided an update. Borqs Technologies has submitted its unaudited consolidated financial statements for the six months ending June 30, 2024. The report reveals a growth in total net revenues to $16,773,000, with both software and hardware segments showing an increase. The company’s total assets grew to $24,267,000, while liabilities decreased, indicating a potential improvement in financial stability. These results suggest a positive impact on the company’s opBorqs Technologies Reports Half-Year 2024 Financial Results; Successfully Increases Efficiency
SANTA CLARA, Calif., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (U.S. OTC: BRQSF, “Borqs” or the “Company”), a global provider of embedded software and products for the Internet of Things (IoT), today announced its financial results for the first half of 2024. Interim financial statements were filed today with the SEC.Borqs Technologies’ Capital Structure to be Revamped by Recently Announced Sale of Business
SANTA CLARA, Calif., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (U.S. OTC: BRQSF, “Borqs” or the “Company”) a global provider of embedded software and products for the Internet of Things (IoT) announced on November 11, 2024, that the Company intends to sell its hardware and software business to Sasken Technologies, Inc. by the end of this calendar year. The total consideration, inclusive of earn-outs, management incentives, and other payouts, shall not exceed US$40Sasken to acquire Borqs Technologies Inc’s Business to Expand Capabilities and Market Reach
HONG KONG, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Sasken Technologies Limited (India NSE: SASKEN, BSE: 532663, “Sasken”), a leading global product engineering and digital transformation services company based in India announced today the intent to acquire hardware and software services business of Borqs Technologies, Inc. (U.S. OTC: BRQSF, “Borqs”) a global provider of embedded software and products for the Internet of Things (IoT).
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Frequently Asked Questions Regarding Borqs Technologies
Borqs Software Solutions is a software and consulting company delivering advanced supply chain planning solutions specifically tailored to individual industries worldwide.... Read More