BRQS Borqs Technologies

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

Borqs Filed Annual Report for Year Ended December 31, 2019 And Regained Compliance with Nasdaq Continuous Listing Rules
EN
05/10/2020

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Reports on Borqs Technologies

 PRESS RELEASE

Borqs Technologies Completed Cash Sale of Core Businesses To Sasken Te...

Borqs Technologies Completed Cash Sale of Core Businesses To Sasken Technologies of India HONG KONG, April 14, 2025 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (U.S. OTC: BRQSF, “Borqs” or the “Company”) today announced that it has completed the sale of its core businesses to Sasken Technologies, Ltd. (India NSE: SASKEN, BSE: 532663, “Sasken”), a leading global product engineering and digital transformation services company based in India. Included in the sale were all of the Company’s embedded software design and customized hardware manufacturing of products for the Internet of Things (...

 PRESS RELEASE

Borqs Technologies Reports Half-Year 2024 Financial Results; Successfu...

Borqs 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. First-Half 2024 Financial Highlights  For the six months ended June 30, 20242023vs. H1 2023        Revenues ($K)16,77314,992+ 11.9%Gross Margin20.2...

 PRESS RELEASE

Borqs Technologies’ Capital Structure to be Revamped by Recently Annou...

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$40 million. Earnouts...

 PRESS RELEASE

Sasken to acquire Borqs Technologies Inc’s Business to Expand Capabili...

Sasken 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). This strategic move is aligned with Sasken’s 60x4x3 strategy to drive ...

 PRESS RELEASE

Borqs Technologies Announces Reverse Stock Split

Borqs Technologies Announces Reverse Stock Split SANTA CLARA, Calif., Oct. 06, 2023 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless and Internet of Things (IoT) solutions, today announced that its board of directors has approved a 1-for-12 reverse split of the Company's ordinary shares. The reverse stock split is anticipated to take effect on October 10, 2023 (the “Effective Date”). Accordingly, at the Effective Date, every twelve of the Company’s ordinary shares issued and outstanding will be automatically converte...

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