About Borqs
Borqs is a company based in Santa Clara (United States) founded in 2007 by Pat Chan was acquired by Sasken in November 2024. It operates as a Product-as-a-Service and Direct-to-Consumer (D2C). Borqs has raised $32.57 million across 6 funding rounds from investors including Accel, Sasken and Qualcomm Ventures. The company has 303 employees as of December 31, 2024. Borqs has completed 1 acquisition, including Holu Hou Energy. Borqs offers products and services including Smart Phones & Tablets, Wearable Devices, In-Vehicle Integration Solutions, Smart Home Solutions, and Mobile Virtual Network Operator. Borqs operates in a competitive market with competitors including NNG, PATEO, Carbit, Hyundai Motor Group and Nonda, among others.
- Headquarter Santa Clara, United States
- Employees 303 as on 31 Dec, 2024
- Founders Pat Chan
- Stage Public
-
Sectors
Transportation, Automotive & Logistics
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Borqs Technologies, Inc.
-
Annual Revenue
$27.71 M (USD)34.74as on Dec 31, 2024
-
Net Profit
$16.7 M (USD)163.09as on Dec 31, 2024
-
EBITDA
-$2.28 M (USD)77.22as on Dec 31, 2024
-
Total Equity Funding
$32.57 M (USD)
in 6 rounds
-
Latest Funding Round
$16 M (USD), Post-IPO
Jun 02, 2022
-
Investors
Accel
& 4 more
-
Employee Count
303
as on Dec 31, 2024
- Investments & Acquisitions
-
Acquired by
Sasken
(Nov 01, 2024)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Borqs
Borqs is a publicly listed company on the OTC with ticker symbol BRQSF in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Borqs
Borqs offers a comprehensive portfolio of products and services, including Smart Phones & Tablets, Wearable Devices, In-Vehicle Integration Solutions, Smart Home Solutions, and Mobile Virtual Network Operator.
Innovative devices are created for enterprise and consumers.
Wearables are designed for fitness and tracking purposes.
Connectivity solutions are provided for automobile OEM manufacturers.
Intelligent systems are developed for unifying home appliances.
Connectivity solutions are offered for mobile communication businesses.
People of Borqs
Unlock access to complete
Funding Insights of Borqs
Borqs has successfully raised a total of $32.57M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $16 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Borqs
Borqs has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Accel, Sasken and Qualcomm Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
TDR Capital is engaged in private equity investments for sustainable growth.
|
Locked | Locked | Locked | |
|
Venture capital investing in technology sectors such as AI and automotive.
|
Locked | Locked | Locked | |
|
Accel is recognized as a leading venture capital firm.
|
Locked | Locked | Locked |
Investor details for Borqs
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Borqs
Borqs has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Holu Hou Energy.
Investment portfolio details for Borqs
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provides commercial and residential smart micro-grids solutions for solar and energy storage ventures
|
Locked | Locked | 2019 | Locked |
Complete acquisition details for Borqs
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Borqs
Detailed financials for Borqs
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Borqs Comparisons
Peer comparison for Borqs
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Borqs
Borqs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NNG, PATEO, Carbit, Hyundai Motor Group and Nonda, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
White-label connected car navigation and infotainment solutions are provided.
|
|
| Locked | Locked | Locked |
Saas & AI enabled infotainment solutions for connected vehicles
|
|
| Locked | Locked | Locked |
In-vehicle infotainment systems and driving apps are provided.
|
|
| Locked | Locked | Locked |
Develops innovative automotive technologies and proprietary solutions for various sectors.
|
|
| Locked | Locked | Locked |
Developer of connected car devices and related car expense saving services
|
Detailed competitors of Borqs
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Borqs
Complete news archive for Borqs
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Borqs
Borqs was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Borqs is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Pat Chan is the current CEO of Borqs. They have also founded this company.
Borqs is a funded company, having raised a total of $32.57M across 6 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Borqs is 303.
Annual revenue of Borqs is $27.71M as on Dec 31, 2024.
Borqs Technologies Inc. is established as a global leader in embedded software and products for the Internet of Things (IoT). Customizable and scalable Android-based smart-connected mobile devices are developed alongside end-to-end cloud-service solutions. Sectors such as smart devices, automotive infotainment, and mobile operator services are targeted. Innovative solutions for enterprises and consumers are provided, including smartphones, wearables, in-vehicle integration, and smart home systems. A strong global presence is maintained to enable internet intelligence across various vertical segments.
Borqs offers Smart Phones & Tablets, Wearable Devices, In-Vehicle Integration Solutions, Smart Home Solutions, and Mobile Virtual Network Operator.
Yes, Borqs is publicly traded on OTC under the ticker symbol BRQSF.
Borqs has made 1 acquisition, including Holu Hou Energy.
Borqs has 5 investors. Key investors include Accel, Sasken, Qualcomm Ventures, TDR Capital, and Keytone Ventures.
The ticker symbol of Borqs is BRQSF on OTC.