Borqs Technologies

Borqs Technologies, Inc. is a global provider 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. It engages in the development of android platform solutions, hardware product, and mobile virtual network operator services. The firm operates through the following segments: Connected Solutions and Solar Poer Solutions. The company was founded by Sek Yuen Chan and Bo Li Xiao in 2007 and is headquartered in Beijing, China.

Borqs Technologies, Inc. engages in the provision of software, development services, and products for the Internet of Things (IoT) providing customizable, differentiated, and scalable Android-based smart-connected mobile devices and E2E cloud-service solutions. It operates through the following geographical segments: United States, India, China, and Rest of the World. The company was founded by Sek Yuen Chan and Bo Li Xiao in 2007 and is headquartered in Hong Kong.

SANTA CLARA, Calif., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless, Internet of Things (IoT) solutions, and innovative clean energy, today announced its subsidiary, Holu Hou Energy (HHE), has received multiple purchase orders for its HoluPower xP solar energy storage systems for installation at homeowner locations in the Greater San Diego area in California. These orders represent the first for the Company in California.

Borqs' Subsidiary, Holu Hou Energy, Receives Multiple Orders for HoluPower xP Solar Energy Storage Systems in California, the Largest USA Market

Dallas, Texas--(Newsfile Corp. - November 30, 2022) - Borqs Technologies Inc. (NASDAQ: BRQS): Stonegate Capital Partners initiates their coverage on Borqs Technologies Inc. The full report can be accessed by clicking on the following link: https://stonegateinc.com/reports/BRQS_Intiation.pdf. To view the full announcement, including downloadable images, bios, and more, click here.

Stonegate Capital Partners Initiates Coverage on Borqs Technologies Inc. (BRQS)

SANTA CLARA, Calif., Nov. 04, 2022 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless, Internet of Things (IoT) solutions, and innovative clean energy, today announced its subsidiary, Holu Hou Energy (HHE), has rolled out its next generation HoluPower xP energy storage system.

Borqs' Subsidiary, Holu Hou Energy (HHE), Launches Next-Generation HoluPower xP Energy Storage System

SANTA CLARA, Calif., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless, Internet of Things (IoT) solutions, and innovative clean energy, today announced that the Company received deficiency notifications from the Nasdaq Stock Market LLC (“Nasdaq”) on October 28, 2022, notifying the Company that it is not (i) in compliance with the minimum bid price requirement set forth in Nasdaq's rules for continued listing on the Nasdaq; and (ii) that the Company's listed securities did not maintain a minimum market value of $35 million (“MVLS”) for a period of 30 consecutive business days to meet the MVLS requirement.

Borqs Technologies Receives Nasdaq Deficiency Notification

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SANTA CLARA, Calif., Oct. 21, 2022 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless, Internet of Things (IoT) solutions, and innovative clean energy, today announced its financial results for the six months ended June 30, 2022.

Borqs Announces Financial Results for the First Half of 2022; Revenues in 6 Months 2022 Higher than Full Year 2021

SANTA CLARA, Calif., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless solutions, Internet of Things (IoT) solutions and innovative clean energy, announced that the Company has forayed into two/three-wheelers automotive space by developing the Telematics Control Unit (TCU) and has successfully demonstrated the newly developed TCU in India Mobile Congress held in New Delhi from October 1 to 4. The newly developed TCU is installed on a two-wheeler and connected to the internet via the cellular network.

Borqs Technologies Demo's 2-Wheeler Telematics Control Unit (TCU) in India Mobile Congress

SANTA CLARA, Calif., Sept. 20, 2022 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless, Internet of Things (IoT) solutions, and innovative clean energy, today announced its solar energy storage subsidiary, Holu Hou Energy LLC (HHE), a company that offers state-of-the-art renewable energy and energy storage systems to the Single-Family Residential, Multi-Dwelling Unit Residential and Commercial building markets, has signed a power purchase agreement (PPA) with Kapolei Diversified Properties, LLC to deliver energy to Luhauola, a new mixed-use development in Kapolei, on the island of Oahu, Hawaii. The property includes 10,000 square feet of commercial space, plus outdoor dining for local food establishments. The residential portion of the property includes 29 workforce housing rental apartments.

Borqs Subsidiary Signs Agreement to Provide Solar + Energy Storage Systems to Commercial and Residential Property in Hawaii

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SANTA CLARA, Calif., July 29, 2022 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless solutions, Internet of Things (IoT) solutions, and innovative clean energy, with global operations in the U.S., India and China, today announced that its solar energy subsidiary, Holu Hou Energy LLC (“HHE”), a provider of design to service solar plus energy storage systems, including a breakthrough energy-sharing product for the Residential and Multi-Dwelling Unit residential building markets, announces that it has signed a $2.5M sale agreement and contract for construction of a renewable energy and energy storage system at the Mahana multi-family residential property located in Barbers Point.

Borqs Technologies' Solar Power Subsidiary Expands Renewable Energy Infrastructure in Kalaeloa of Oahu, Hawaii

SANTA CLARA, Calif., July 15, 2022 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless solutions, Internet of Things (IoT) solutions, and innovative clean energy, with global operations in the U.S., India and China, today announced that its majority owned solar energy storage systems subsidiary, Holu Hou Energy LLC (“HHE”), has signed agreement with Honokea Villages to deliver a major renewable energy generation and storage system to Honokea's planned ecological sports training and Hawaiian Cultural facility in their “ahupua'a”, or local community. The development will have Olympic calibre training facilities for surfing, sport climbing, kayaking, beach volleyball, and more, and will serve as tool to celebrate athletics in Hawaii.

Borqs's Subsidiary Holu Hou Energy Signed an Agreement for $20 Million to Bring Renewable Energy to Key Hawaiian Cultural and Sporting Facility

SANTA CLARA, Calif., July 05, 2022 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless solutions, Internet of Things (IoT) solutions, and innovative clean energy, with global operations in the U.S., India and China, today announced that its majority owned solar energy storage systems subsidiary, Holu Hou Energy LLC (“HHE”), has its energy storage system featured in the New York Times. Excerpt from the article dated May 30, 2022 by Ivan Penn - Google search: “New York Times article: Hit Hard by High Energy Costs, Hawaii Looks to the Sun”.

Borqs' Subsidiary Holu Hou Energy Featured in the New York Times Article “Hit Hard By Energy Costs, Hawaii Looks to the Sun” Reducing monthly electricity bill from $500 to $26

Borqs Technologies, Inc's (NASDAQ: BRQS) solar energy storage systems subsidiary, Holu Hou Energy LLC (HHE), collaborated with developers and property owners for nine solar plus energy storage projects in the State of Hawaii totaling $49.8 million, as of the last day of Q2, 2022.

Why Borqs Technologies Shares Are Gaining Today

SANTA CLARA, Calif., July 01, 2022 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless solutions, Internet of Things (IoT) solutions, and innovative clean energy, with global operations in the U.S., India and China, today announced that its majority owned solar energy storage systems subsidiary, Holu Hou Energy LLC (“HHE”), has signed with developers and property owners for nine solar plus energy storage projects in the State of Hawaii totalling $49.8 million, as of the last day of Q2, 2022. Eight of the nine projects are on the island of Oahu, and one on Hawaii island. Implementation of these projects will start as early as Q3 of 2022 and be completed within 2023. All of these customers are purchasing HHE unique energy storage systems, including its fully differentiated solar plus storage system with Energy Share technology for multi-dwelling unit residential applications. The unique HHE's Energy Share technology enables 25% more delivered energy with 50% fewer batteries and fully opens the previously untapped Multi-Dwelling Unit property market.

Borqs' Solar Energy Storage Systems Subsidiary Holu Hou Energy has signed $49.8 million of Contracts in Q2 2022 in the State of Hawaii alone

BRQS stock was up more than 1,000% in pre-market trading, but the move occurred because it underwent a 1-for-16 reverse split. The post Is Borqs Technologies (BRQS) Stock Really Up 1,000% Today?

Is Borqs Technologies (BRQS) Stock Really Up 1,000% Today?

SANTA CLARA, Calif., June 27, 2022 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless solutions, Internet of Things (IoT) solutions, and innovative clean energy, with global operations in the U.S., India and China, today announced that its majority owned solar energy storage systems subsidiary, Holu Hou Energy LLC (“HHE”), will be presented at the Cantor Fitzgerald Technology ESG Conference, June 27-29, 2022 in Palo Alto, California. The material for HHE's presentation is on file with the SEC at:   https://www.sec.gov/Archives/edgar/data/0001650575/000121390022034743/ea162010ex99-1_borqs.htm

Borqs' Solar Energy Storage Systems Subsidiary Presents at Cantor Fitzgerald Conference Started in Hawaii with over $128 million in contracts to be signed within 2022, and now coming to California

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SANTA CLARA, Calif., June 08, 2022 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless solutions, Internet of Things (IoT) solutions, and innovative clean energy, with global operations in the U.S., India and China, today announced that its Company's subsidiary, Holu Hou Energy LLC's (HHE) with its leading energy storage systems for single-family residential, multi-dwelling unit residential and commercial applications will play a major role in the Battery Bonus Program introduced by Hawaiian Electric Company (HECO), the Hawaiian utility. The program was announced in July 2021 for customers on Oahu and will be utilized to assist HECO in meeting the electricity need from residents during high load periods of the day. A Maui bonus program has also recently been announced.

Borqs Technologies Solar Energy Subsidiary Gets Rapid Market Traction for Participation in Hawaiian Electric Battery Bonus Program for ESG

SANTA CLARA, Calif., June 02, 2022 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless solutions, Internet of Things (IoT) solutions, and innovative clean energy, with global operations in the U.S., India and China, today announced that it has received strategic funding of $16 million for growth of its solar plus energy storage business in the markets outside of Hawaii particularly in California, and also for development of 5G mobile devices. The investment reflects the recognition of the Company's ESG strategy by the investors and will further strengthen and reinforce the Company's growth.

Borqs Technologies Completes $16 Million Strategic Funding For Growth of its Solar Software/Hardware Solution Plus Energy Storage Business in the U.S.

SANTA CLARA, Calif., May 23, 2022 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless solutions, Internet of Things (IoT) solutions, and innovative clean energy, with global operations in the U.S., India and China, today announced that it has formed a strategic partnership with SkyCentrics to develop CTA-2045 ECOPORT products for use by solar companies in the push by many U.S. city and county governments for the “Electrification of Everything” programs. The partnership includes joint research & development, sales and promotion, as well as Borqs' investment into SkyCentrics. It will leverage Borqs' expertise in mobile IoT and 5G technologies. Borqs has years of manufacturing experiences in making products in China and outside China, and has manufactured products for the U.S. mobile operators and Fortune 500 companies. SkyCentrics is an expert in the CTA-2045 ECOPORT and will be responsible for the CTA-2045 software, ECOPORT certification and cloud functionality with its Demand Response Energy & Asset Management (DREAM) platform.

Borqs Technologies Forms a Strategic Partnership with SkyCentrics to develop the Next Generation of CTA-2045 Smart Control Products for use by Solar Companies for “Electrification of Everything”

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Borqs Technologies, Inc's (NASDAQ: BRQS) solar plus energy storage systems subsidiary Holu Hou Energy LLC collaborated with a State Agency, the Hawaii Green Energy Infrastructure Authority (HGIA), the Newswires reports. The partners have also won a contract to supply solar plus.

News for Borqs Technologies Stock (BRQS)