IoT leadership Borqs is a global leader in embedded software and Android-based IoT devices with end-to-end cloud services, presenting opportunities to upsell integrated IoT platforms, device management, and analytics services to existing and new industrial customers.

MVNO & devices The company operates a connected solutions and MVNO business unit and has shipped over 10 million units across 15 countries, indicating strong multi-market distribution channels and potential for co-branded devices, SIM-based services, and carrier partnerships.

Strategic partnerships Strong investor and chipset ecosystem ties (Qualcomm, Intel, SK Telecom) suggest openings for co-development deals, joint go-to-market efforts, and leveraging their IP portfolio to accelerate customer deployments in 4G/5G IoT applications.

Sale of core business Recent sale of core embedded software and manufacturing capabilities to Sasken shifts focus to high-value services and software, creating a sales angle for ongoing software-as-a-service offerings, cloud solutions, and managed services for IoT customers.

Regional expansion Historical footprint in China, India, USA, Japan, and Korea combined with a focus on Africa expansion presents opportunities to target regional enterprises with localized deployments, security-enhanced devices, and lease-based IoT device programs.