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

3.8More
TypeSubsidiary
HQSanta Clara, US
Founded2007
Websiteborqs.com
Cybersecurity ratingDMore
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
Simon Sun

Simon Sun

Executive Vice President, Co-General Manager
George Thangadurai

George Thangadurai

Executive Vice President, Head of International Business
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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

Borqs's revenue was reported to be $98.96 m in FY, 2019
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

128.4m99.0m

Cost of goods sold

8.7m17.8m

Gross profit

119.7m81.1m

Gross profit Margin, %

93%82%
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, 2017FY, 2018FY, 2019

Cash

461.9k319.3k1.9m1.0m

Accounts Receivable

2.5m1.7m

Prepaid Expenses

86.9k30.0k27.0m16.0m

Inventories

6.8m4.5m
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, 2017FY, 2018FY, 2019

Net Income

(392.3k)(1.8m)(72.0m)(35.7m)

Depreciation and Amortization

6.5m6.1m

Inventories

9.2m2.5m

Accounts Payable

180.3k85.5k(29.1m)2.1m
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
USDQ1, 2016

Financial Leverage

18.7 x
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Borqs Cybersecurity Score

Cybersecurity ratingPremium dataset

D

61/100

SecurityScorecard logo

Borqs Online and Social Media Presence

Embed Graph

Borqs News and Updates

Borqs Technologies teams with SkyCentrics for the delivery of Utility Scale Automated Smart Controls to the U.S. Power Infrastructure

SANTA CLARA, Calif., Oct. 29, 2020 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS), (the “Company”, or “Borqs”), a global leader in embedded software and products for the Internet of Things (IoT) industry, today announced that it plans to join with SkyCentrics, a Northern California co…

Borqs Filed Annual Report for Year Ended December 31, 2019 And Regained Compliance with Nasdaq Continuous Listing Rules

SANTA CLARA, Calif., Oct. 05, 2020 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS), (the “Company”, or “Borqs”), a global leader in embedded software and products for the Internet of Things (IoT) industry, announced it filed the annual report for the year ended December 31, 2019 on For…

Nasdaq Grants Borqs’ Request for Continued Listing Borqs Receives Nasdaq Hearings Panel Decision To Extend Filing of 2019 Annual Report Until September 30, 2020

SANTA CLARA, Calif., Sept. 17, 2020 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS), (the “Company”, or “Borqs”), a global leader in embedded software and products for the Internet of Things (IoT) industry, announced it has received a letter dated September 14, 2020 from the Hearings A…

Borqs Technologies, Inc. receives up to US$150 million Line of Credit Offer For serving Borqs large customer pre-orders forecasted at over US$100 million

SANTA CLARA, Calif., April 13, 2020 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS), (the “Company”, or “Borqs”), a global leader in embedded software and products for the Internet of Things (IoT) industry, today announced that the Company has received a line of credit offer of up to U…

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
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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.

  • How many employees does Borqs have?

    Borqs has 519 employees.

  • What is Borqs revenue?

    Latest Borqs annual revenue is $99 m.

  • What is Borqs revenue per employee?

    Latest Borqs revenue per employee is $190.7 k.

  • Who are Borqs competitors?

    Competitors of Borqs include Centric Digital, Duda 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.