Borqs International Holding Corp established in September 2007, is a technology company dedicated to providing customizable, integrated Android software platform solutions and end-to-end service platform solutions for mobile operators, terminal OEMs, and chip manufacturers worldwide. Headquartered in Beijing, Borqs also has offices and research and development facilities in Cupertino, Bangalore, Wuhan and Shenzhen. Supported by leading venture capital and world-class strategic partners, Borqs meets the demands of its global customer base with platforms and services made possible by Borqs technological innovation, leading-edge product development, and complete customer service system. By joining forces with the world’s Tier-1 operators, Borqs has developed the first independently secure and manageable basic software platform for smart phone in China. We have also collaborated with dozens of well-known global terminal manufacturers to commercially launch more than 40 Android terminal products in 15 countries with sales exceeding 4 million units. Through its years of growth, Borqs has accumulated a wealth of Android-related experience supporting mobile internet services. Borqs software provides a superior front-end user experience supported by a scalable,cloud-based backend platform. Our end-to-end service platform supports software upgrades, data backup, synchronization and sharing, VOIP (Voice over Internet Protocol), content push, unified user and device authentication, presence technology,instant messaging, and a growing number of other value added services.

Our technical professionals have backgrounds including mobile phone design and manufacture firms (Motorola, Nokia, Sony Ericsson, Cellon), switching vendors (UTStarcom, Ericsson), internet content providers (Sina, Sohu), and software and hardware enterprises (Microsoft, IBM, Intel). Each of our top managers possesses over 20 years of professional experience,and the management team at Borqs is unsurpassed in its ability to develop andpromote mobile internet basic software, application software, and end-to-end solutions for its clients. Borqs’ professional management team members have backgrounds in world class wireless communication, telecommunication, and semiconductor firms. Our management team is proficient at promoting and developing mobile internet basic software, application software and end-to-end solutions.

On December 27, 2016 Borqs was acquired by The Pacific Securities for $303 million.

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Employee Rating

4.0More
TypeSubsidiary
HQSanta Clara, US
Founded2007
Websiteborqs.com
Borqs was founded in 2007 and is headquartered in Santa Clara, US

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Key People/Management at Borqs

Pat Chan

Pat Chan

Founder and Chairman
Anthony Chan

Anthony Chan

CFO and Executive Vice President
Hareesh Ramanna

Hareesh Ramanna

Executive Vice President, Co-General Manager
George Thangadurai

George Thangadurai

Executive Vice President, Head of International Business
Bob Li

Bob Li

Senior Vice President, Business Development
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Borqs Office Locations

Borqs has offices in Santa Clara, Bengaluru and Suwon
Santa Clara, US (HQ)
5201 Great America Pkwy #320
Bengaluru, IN
Prestige Al Kareem, #3, Edward Rd
Suwon, KR
5 Haryul-ro 12beon-gil, Yulcheon-dong, Jangan-gu
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Borqs Financials and Metrics

Summary Metrics

In total, Borqs had raised $52 m

Borqs Revenue

Annual
USDFY, 2016FY, 2017

Operating expense total

469.5k

EBIT

(469.5k)(2.0m)

Interest income

91.5k185.0k

Pre tax profit

(392.3k)(1.8m)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

58.3m56.3m28.3m

Cost of goods sold

49.4m668.0k578.0k

Gross profit

8.9m55.7m27.7m

Gross profit Margin, %

15%99%98%
Annual
USDFY, 2016FY, 2017

Cash

461.9k319.3k

Prepaid Expenses

86.9k30.0k

Current Assets

548.8k349.3k

Total Assets

60.4m53.9m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

267.1k620.9k487.8k317.4k640.6k396.5k3.0m1.3m1.3m

Accounts Receivable

39.9m33.3m29.9m

Prepaid Expenses

106.7k124.2k61.9k27.5k48.9k22.8m35.2m35.2m

Inventories

20.8m14.1m11.0m
Annual
USDFY, 2016FY, 2017

Net Income

(392.3k)(1.8m)

Accounts Payable

180.3k85.5k

Cash From Operating Activities

(376.0k)(1.0m)

Cash From Investing Activities

(59.8m)6.5m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(3.0k)(65.2k)(177.4k)(112.3k)(404.5k)(1.5m)1.2m3.0m521.0k

Depreciation and Amortization

194.0k232.0k307.0k

Accounts Payable

107.0k(53.4k)29.9k18.9k

Cash From Operating Activities

(3.0k)(127.1k)(260.2k)(176.1k)(386.1k)(889.5k)688.0k1.6m6.0m
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Borqs Online and Social Media Presence

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Borqs News and Updates

Coolpad Partners with Borqs for Superior Connected Devices

LAS VEGAS, Jan. 9, 2020 /PRNewswire/ -- Global consumer electronics company Coolpad, today announced that it is working with Borqs Technologies Inc., (NASDAQ: BRQS), a global leader in software and products for IoT providing customizable, differentiated and scalable Android-based smart...

Borqs Technologies Announces Preliminary Unaudited Annual 2018 Results

Annual sales grew 5% over 2017 Annual sales grew 5% over 2017

Borqs Technologies Reports Q3 2018 Results

Quarterly Revenue was $28.3 million, Net Loss of $2.2 million Nine-Month Revenue was $142.9 million, Net Income of $1.2 million Conference Call on Tuesday November 20, 2018 at 8pm ET

Borqs Technologies Reports Q2 2018 Results

Quarterly Revenue increased 155% over the same period in 2017 Net Income increased 308% over the same quarter in 2017 Conference Call on Wednesday August 15, 2018 at 9am ET

Borqs Frequently Asked Questions

  • When was Borqs founded?

    Borqs was founded in 2007.

  • Who are Borqs key executives?

    Borqs's key executives are Pat Chan, Anthony Chan and Hareesh Ramanna.

  • Who are Borqs competitors?

    Competitors of Borqs include Duda, Capriza and Mobica.

  • Where is Borqs headquarters?

    Borqs headquarters is located at 5201 Great America Pkwy #320, Santa Clara.

  • Where are Borqs offices?

    Borqs has offices in Santa Clara, Bengaluru and Suwon.

  • How many offices does Borqs have?

    Borqs has 4 offices.