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SANTA CLARA, Calif., Dec. 19, 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 the Company has received a lett...
The 2nd Generation HoluPower-series energy storage system is the first and only system capable of economically addressing the Multi-Dwelling Unit Residential market through EnergyShare. The first systems will be Installed at locations in Southern California The Global energy stora...
Global energy storage market is projected to grow 15-fold by 2030. The 2nd Generation HoluPower-series energy storage system is the first and only system capable of economically addressing the Multi-Dwelling Unit Residential market through EnergyShare. HHE is a uniquely po...
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...
Revenues for the first half 2022 reached $30.1 million, 141% Year-Over-Year (YOY) growth. Revenue forecast for 2022 is $50-55 million, YOY growth of over 69% Backlog currently stands at $50 million for Holu Hou Energy, LLC (HHE), a majority-owned solar & ener...
Indian electric vehicle market was valued at USD 1,434.04 billion in 2021, and it is expected to reach USD 15,397.19 billion by 2027. India’s automotive sector is dominated by two-wheelers (scooters, motorbikes) and three-wheelers (autos and rickshaws) that play a significa...
U.S. Energy Information Administration data shows oil generated about two-thirds of Hawaii’s electricity in 2021. That makes Hawaii the most petroleum-dependent state. HHE adds on to $49.8 million of signed contracts in 2022 for its HoluPower Residential Energy Storage Syst...
SANTA CLARA, Calif., Aug. 18, 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, provides the following updates ...
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...
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...
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SANTA CLARA, Calif., June 07, 2023 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless and Internet of Things (IoT) solutions, announces that The Nasdaq Stock Market LLC (“Nasdaq”) has p...
Revenues reached $52.5 million, 77.7% Year-Over-Year (YOY) growth. Gross margin was 21.2%, an improvement of 1,240 basis points. Adjusted EBITDA reached $4.8 million. SANTA CLARA, Calif., May 15, 2023 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, ...
SANTA CLARA, Calif., May 09, 2023 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless and Internet of Things (IoT) solutions, has engaged Cantor Fitzgerald & Co. (“Cantor Fitzgerald”...