BRQS Stock Price, News & Analysis

Borqs Technologies, Inc. (historically associated with the ticker BRQS) is described in company communications as a global provider of software and products for the Internet of Things (IoT) and 5G wireless solutions. The company has focused on Android-based smart connected devices and cloud service solutions, positioning itself in areas such as embedded software, customized hardware manufacturing, and wireless product development for mobile telecommunications and IoT.

According to Borqs, its business has included embedded software design and customized hardware manufacturing of products for IoT, as well as end-to-end wireless product solutions. The company states that it has worked with chipset partners and mobile network operators, and has developed a software intellectual property library covering chipset software, Android enhancements, domain-specific usage, and system performance optimization. This software base has been used to support both large and low-volume customized products, including Android-based smart connected devices.

In a company announcement, Borqs notes that it has been involved in the development of 5G products for phones and hotspots. The company also highlights strategic alliances with industry leaders such as Qualcomm and relationships with key mobile network operators and original equipment manufacturers (OEMs). These relationships are presented as part of its approach to delivering IoT and wireless product solutions across various industries.

Founded in 2007, Borqs describes itself as having built a reputation in end-to-end wireless product solutions for mobile telecommunications and IoT. Company materials reference a presence across continents and work with customers in sectors such as utilities, automotive, and smart cities, where customizable wireless product solutions and IoT technologies are applied. Borqs has also communicated initiatives related to smart grid and smart city applications through partnerships in areas such as CTA-2045 EcoPort-enabled devices and Modbus adaptor products for demand response and grid-interactive equipment.

In April 2025, Borqs announced that it had completed the sale of its core businesses to Sasken Technologies Limited of India. The company stated that the sale included its embedded software design and customized hardware manufacturing activities for IoT products, along with customer contracts, technology licenses, intellectual property, certain subsidiaries, employment agreements of key personnel, and operational assets. Following this transaction, Borqs indicated that it would use the cash consideration to pursue investment activities focusing on emerging opportunities in artificial intelligence (AI) and capital-related ventures.

Prior company communications have also described Borqs as a global leader in software and products for the IoT, with customizable, differentiated and scalable Android-based smart connected devices and cloud service solutions. The company has emphasized its Android and Android Wear licenses as a unique strength, enabling the development of a broad software IP portfolio and support for domain-specific usage and system performance optimization.

Business focus and activities

Based on its public statements, Borqs’ activities have included:

• Embedded software design for IoT and wireless products.
• Customized hardware manufacturing of IoT devices and wireless products.
• Development of Android-based smart connected devices and related cloud service solutions.
• Work on 5G products for phones and hotspots.
• Participation in smart grid and smart city-related projects, including CTA-2045 EcoPort-enabled products and Modbus adaptors for demand response applications.

The company has also communicated initiatives in geographic markets such as Africa, where it discussed business development with partners to manufacture smart IoT devices, mainly mobile phones, for leasing to local users through a local leasing company. In this context, Borqs highlighted its expertise in Android software and hardware manufacturing and the development of security software for equipment leasing.

Corporate developments

Company announcements have described several corporate developments, including capital structure changes and asset divestments. Borqs reported a reverse stock split of its ordinary shares and communications regarding Nasdaq listing requirements. It also reported a process to divest its ownership in a solar energy storage subsidiary due to regulatory requirements, and later described gains from the disposal of subsidiary interests as part of its financial performance.

In a 2024 communication, Borqs discussed a planned sale of its hardware and software business to Sasken Technologies, indicating that this transaction was intended to revamp its capital structure and leave the company with a clean and debt-free balance sheet. The subsequent 2025 announcement stated that the sale of its core businesses to Sasken had been completed and that Borqs would focus on investment activities in AI and capital-related ventures.

Industry context

Borqs’ self-described role in IoT and 5G wireless solutions places it within technology and manufacturing activities related to smart connected devices, embedded software, and wireless communications. Its communications reference work with utilities, automotive, smart cities, and smart grid applications, as well as collaborations with partners involved in demand response and grid-interactive building technologies.

FAQs about Borqs Technologies, Inc. (BRQS)

• What does Borqs Technologies, Inc. say it does?
  According to its public statements, Borqs Technologies is a global provider of embedded software and products for the Internet of Things (IoT) and 5G wireless solutions. The company describes its business as including Android-based smart connected devices, cloud service solutions, embedded software design, and customized hardware manufacturing for IoT products.
• When was Borqs Technologies founded?
  In an April 2025 announcement, Borqs stated that it was founded in 2007 and highlighted its history in end-to-end wireless product solutions for mobile telecommunications and IoT.
• What are Borqs’ core strengths as described by the company?
  Borqs highlights its Android and Android Wear licenses, its software IP library covering chipset software and Android enhancements, and its strategic chipset partner relationships, including alliances with Qualcomm. It also points to experience in developing customized wireless product solutions and IoT devices.
• What industries does Borqs mention serving?
  Company materials reference applications across industries such as utilities, automotive, and smart cities. Borqs also discusses work related to smart grid and grid-interactive equipment, as well as IoT device initiatives in markets such as Africa.
• What corporate transaction did Borqs announce with Sasken Technologies?
  In April 2025, Borqs announced that it had completed the sale of its core businesses to Sasken Technologies Limited of India. The company stated that the transaction included its embedded software design and customized hardware manufacturing for IoT products, along with customer contracts, technology licenses, IP, certain subsidiaries, and employment agreements of key personnel.
• How does Borqs describe its future focus after the sale of core businesses?
  Following the completion of the sale to Sasken, Borqs stated that it would use the cash received to engage in investment activities focusing on emerging opportunities in AI and capital-related ventures, with the aim of participating in the future of these industries.
• What types of products has Borqs discussed in its communications?
  Borqs has mentioned Android-based smart connected devices, IoT products, 5G products for phones and hotspots, CTA-2045 EcoPort-enabled devices, and Modbus adaptor products for smart grid appliance manufacturers. It has also referred to smart IoT devices, mainly mobile phones, for leasing programs in Africa.
• How has Borqs described its financial and capital structure initiatives?
  Company announcements have discussed efforts to revamp its capital structure, including a reverse stock split, divestment of a solar energy storage subsidiary, and the planned and completed sale of its hardware and software business to Sasken. Borqs has described these actions as supporting a cleaner balance sheet and providing cash for future investment activities.