Borqs Statistics, Revenue Totals, Facts & News (2022)
Last Updated on: July 18th, 2021
Here are a few of the most interesting Borqs statistics and facts I was able to dig up including revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Borqs Facts
- Website: Official Website
- Year Founded: 2007
- Headquarters: Santa Clara, CA
- Current Chief Executive: Pat Chan
What is Borqs?
Borqs Technologies Inc., is a global leader in embedded software and products for the Internet of Things (IoT) providing customizable, differentiated and scalable Android-based smart-connected mobile devices and E2E cloud-service solutions. Founded in 2007, Borqs marked its debut as a public company on August 18, 2017, changing its name to Borqs Technologies, Inc. Listed on The NASDAQ Stock Market, under the trading symbol, BRQS. With research and development centers in China and India—and presence in the USA, Japan and Korea—Borqs Technologies Inc. designs, develops and deploys products and turnkey solutions that enable its customers to win in the IoT marketplace. Leveraging strategic partner relationships with leading chipset vendors to maximize its broad software and intellectual property (IP) portfolio, Borqs Technologies Inc. has achieved superior leadership and customer recognition throughout the world. In addition to developing the first commercial-grade software to support video telephony for Android, Borqs Technologies Inc. was selected by Qualcomm in 2016 to partner in developing the world’s first 4G Android wearable as part of its next-generation Qualcomm® Snapdragon™ Wear platform, which includes smartwatches for children and adults, as well as watches specifically designed for fitness. At MWC Shanghai in 2017, Borqs demonstrated the first Qualcomm® Snapdragon™ Wear platform based device to help usher in a new generation of ultra-low power, energy efficient, always connected and cost-efficient wearable devices such as kid, pet, elderly, and fitness trackers based on emerging LTE M1 and NB1 technologies. (source)
Borqs Revenue Totals
Borqs annual revenue:
- 2018: $128 million
- 2017: $122 million
- 2016: $85 million
Borqs annual net income:
- 2018: $71.9 million net loss
- 2017: $12.3 million net loss
- 2016: $2.5 million
Additional Borqs Statistics
Number of Borqs units shipped to date:
Last updated 3/22/20
Please note that some of these numbers are easier to find than others. A few of these Borqs stats come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.