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Borqs Technologies Inc's Business Segments
Borqs Technologies Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of 2025 ((Dec 31 2025))
Reportable Segments
-
Largest Segment
-
Total Revenue
$ 14
Regions Reported
-
Annual Results
Revenue by Product & Service Category -
- Hardware100%
- Software0%
Revenue by Product & Service Category -
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Hardware | $ 14 | 100% |
| Software | - | 0% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Borqs Technologies Inc
Borqs Technologies, Inc., incorporated in the British Virgin Islands in 2015, is a technology company that historically provided customizable, scalable Android-based smart connected devices and cloud service solutions. The company was a provider of commercial-grade Android platform software for mobile chipset manufacturers, device OEMs, and operators, offering integrated product solutions for enterprise and consumer applications. Borqs developed the BorqsWare software platform, which included client software for Android phones, tablets, watches, and IoT devices, as well as server software to support mobile end-to-end services. The company maintained significant research and development operations in Beijing, China, and Bangalore, India. Borqs acquired a 51% stake in HHE, a Delaware-based company specializing in solar power and energy storage solutions for residential and commercial customers in the United States, but divested this ownership by March 6, 2024. On April 9, 2025, Borqs sold its core businesses, including the Connected Solutions business unit, to Sasken and is currently not engaged in core operational activities. Its subsidiaries are located in the British Virgin Islands, the United States, Hong Kong, and China, supporting software development, hardware manufacturing, and commercial contracts. Major customers included M-KOPA Kenya Limited and Metro (Suzhou) Technologies Co Ltd. Following the sale, Borqs and certain executives are subject to a five-year restriction on engaging in similar ODM and IoT business activities.
Borqs Technologies Inc. is known for its innovative solutions in the field of Internet of Things (IoT) and communications technology. The company operates in a diverse range of segments focused primarily on enabling devices and services that enhance connectivity and user experience across various applications. The following outlines the major segments, products, and services Borqs Technologies Inc. offers:
1. IoT Solutions
a. Connectivity Solutions:
Borqs offers a range of connectivity solutions that facilitate seamless communication across devices. This includes integrated software solutions for mobile and IoT devices, designed to support various communication protocols, enhancing interoperability in smart environments.
b. Device Management:
Borqs provides cloud-based device management solutions that enable remote monitoring, control, and management of IoT devices. This includes features such as firmware updates, configuration management, and analytics, allowing clients to maintain optimal performance and security.
c. Embedded Software:
The company develops embedded software systems tailored for IoT devices. This includes operating systems and middleware that streamline device performance and enable integration with applications across various ecosystems.
Smart Devices
a. Smart Wearables:
Borqs has ventured into the smart wearables space, designing devices with advanced sensing capabilities for health monitoring and fitness tracking. These wearables often integrate with other IoT systems, creating a comprehensive health and wellness ecosystem.
b. Smart Home Devices:
The company produces a range of smart home products that enhance the convenience and efficiency of home management. This may include smart speakers, thermostats, security cameras, and appliances that operate through integrated IoT systems.
c. Automotive Solutions:
Borqs is also involved in providing solutions for connected vehicles, integrating IoT technology into automotive applications for functions such as fleet management, infotainment systems, and vehicle-to-everything (V2X) communication.
Cloud Services
a. Data Analytics:
Borqs offers cloud-based data analytics services that empower businesses to extract actionable insights from the data generated by IoT devices. This service includes machine learning algorithms that enhance predictive maintenance and operational efficiency.
b. Edge Computing:
The company has solutions that focus on edge computing, which involves processing data close to the source instead of relying solely on centralized cloud servers. This offers reduced latency, quicker response times, and improved performance for real-time applications.
Custom Development Services
a. System Integration:
Borqs provides system integration services that help businesses incorporate IoT technologies into their existing operations. This involves working closely with clients to customize solutions that meet specific industry needs, facilitating smoother transitions to IoT frameworks.
b. Application Development:
The company develops custom applications for various verticals, leveraging their expertise in IoT and software development to create tailored applications that enhance user engagement and drive operational efficiencies.
c. Consulting Services:
Borqs also offers consulting services where they provide strategic advice on IoT deployments, helping organizations devise strategies that harness the potential of connected technologies to achieve their business objectives.
Partnerships and Collaborations
Borqs Technologies Inc. collaborates with various companies and industry stakeholders to expand its product offerings and integrate its technologies into broader ecosystems. Such partnerships often involve joint ventures on projects that innovate or improve the deployment of IoT solutions in diverse areas, including healthcare, smart cities, and industrial automation.
Conclusion
In summary, Borqs Technologies Inc. is positioned as a key player in the IoT landscape, providing a comprehensive suite of products and services that span from connectivity and device management to custom application development and cloud services. With a focus on innovation and integration, Borqs aims to deliver solutions that enhance connectivity, drive efficiencies, and optimize user experiences across multiple sectors.
1. IoT Solutions
a. Connectivity Solutions:
Borqs offers a range of connectivity solutions that facilitate seamless communication across devices. This includes integrated software solutions for mobile and IoT devices, designed to support various communication protocols, enhancing interoperability in smart environments.
b. Device Management:
Borqs provides cloud-based device management solutions that enable remote monitoring, control, and management of IoT devices. This includes features such as firmware updates, configuration management, and analytics, allowing clients to maintain optimal performance and security.
c. Embedded Software:
The company develops embedded software systems tailored for IoT devices. This includes operating systems and middleware that streamline device performance and enable integration with applications across various ecosystems.
Smart Devices
a. Smart Wearables:
Borqs has ventured into the smart wearables space, designing devices with advanced sensing capabilities for health monitoring and fitness tracking. These wearables often integrate with other IoT systems, creating a comprehensive health and wellness ecosystem.
b. Smart Home Devices:
The company produces a range of smart home products that enhance the convenience and efficiency of home management. This may include smart speakers, thermostats, security cameras, and appliances that operate through integrated IoT systems.
c. Automotive Solutions:
Borqs is also involved in providing solutions for connected vehicles, integrating IoT technology into automotive applications for functions such as fleet management, infotainment systems, and vehicle-to-everything (V2X) communication.
Cloud Services
a. Data Analytics:
Borqs offers cloud-based data analytics services that empower businesses to extract actionable insights from the data generated by IoT devices. This service includes machine learning algorithms that enhance predictive maintenance and operational efficiency.
b. Edge Computing:
The company has solutions that focus on edge computing, which involves processing data close to the source instead of relying solely on centralized cloud servers. This offers reduced latency, quicker response times, and improved performance for real-time applications.
Custom Development Services
a. System Integration:
Borqs provides system integration services that help businesses incorporate IoT technologies into their existing operations. This involves working closely with clients to customize solutions that meet specific industry needs, facilitating smoother transitions to IoT frameworks.
b. Application Development:
The company develops custom applications for various verticals, leveraging their expertise in IoT and software development to create tailored applications that enhance user engagement and drive operational efficiencies.
c. Consulting Services:
Borqs also offers consulting services where they provide strategic advice on IoT deployments, helping organizations devise strategies that harness the potential of connected technologies to achieve their business objectives.
Partnerships and Collaborations
Borqs Technologies Inc. collaborates with various companies and industry stakeholders to expand its product offerings and integrate its technologies into broader ecosystems. Such partnerships often involve joint ventures on projects that innovate or improve the deployment of IoT solutions in diverse areas, including healthcare, smart cities, and industrial automation.
Conclusion
In summary, Borqs Technologies Inc. is positioned as a key player in the IoT landscape, providing a comprehensive suite of products and services that span from connectivity and device management to custom application development and cloud services. With a focus on innovation and integration, Borqs aims to deliver solutions that enhance connectivity, drive efficiencies, and optimize user experiences across multiple sectors.