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Borqs Technologies Interview Aired on Bloomberg U.S. on the RedChip Money Report®

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Borqs Technologies, Inc. (BRQS) recently announced the airing of an interview with CFO Anthony Chan on The RedChip Money Report, broadcast on Bloomberg on July 17, 2021. The segment focuses on small-cap investing and features insights from Wall Street analysts and executives. Borqs is recognized for its innovative IoT solutions, offering customizable software and products, including Android-based devices and 5G developments. The company highlights potential challenges, including COVID-19 impacts on supply chain and operations, advising stakeholders to refer to SEC filings for risk factors.

Positive
  • CFO Anthony Chan's interview on Bloomberg enhances corporate visibility.
  • Borqs recognized as an innovative IoT solutions provider with strategic chipset partnerships.
  • Ongoing development of 5G products positions the company for future growth.
Negative
  • COVID-19 pandemic adversely affects supply chain and overall operations.
  • Uncertainty about recovery from business losses due to the pandemic.

SANTA CLARA, Calif., July 19, 2021 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of embedded software and products for the Internet of Things (IoT) and a portfolio company of Qualcomm Technologies, today announced an interview with CFO Anthony Chan was aired on The RedChip Money Report on Bloomberg on July 17 at 7p.m. U.S. Eastern Time. Bloomberg TV is available in an estimated 73 million homes across the United States.

The RedChip Money Report® is produced by RedChip Companies Inc., an international Investor Relations and media firm with 30 years’ experience focused on Discovering Tomorrow’s Blue Chips Today™. “The RedChip Money Report®" delivers insightful commentary on small-cap investing, interviews with Wall Street analysts, financial book reviews, as well as featured interviews with executives of public companies.

To view the interview segment, please visit:
https://youtu.be/8bYqc7pQvFY

About Borqs Technologies, Inc.
Borqs Technologies is a global leader in software and products for the IoT, providing customizable, differentiated and scalable Android-based smart connected devices and cloud service solutions. Borqs has achieved leadership and customer recognition as an innovative end-to-end IoT solutions provider leveraging its strategic chipset partner relationships as well as its broad software and IP portfolio.

Borqs’ unique strengths include its Android and Android Wear Licenses which enabled the Company to develop a software IP library covering chipset software, Android enhancements, domain specific usage and system performance optimization, suitable for large and low volume customized products. The Company is also currently in development of 5G products for phones and hotspots.

Forward-Looking Statements and Additional Information
This press release includes “forward-looking statements” that involve risks and uncertainties that could cause actual results to differ materially from what is expected. Words such as “expects”, “believes”, “anticipates”, “intends”, “estimates”, “predicts”, “seeks”, “may”, “might”, “plan”, “possible”, “should” and variations and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements relate to future events or future results, based on currently available information and reflect our management’s current beliefs. Many factors could cause actual events or results to differ materially from the events and results discussed in the forward-looking statements, including the possibility that projects as mentioned in the video interview may not be completed to the extent intended or at all, the possibility that the Company may not achieve recovery from loss of business activities due to the COVID-19 pandemic as predicted or at all, and the negative impact of the COVID-19 pandemic on the Company’s supply chain, revenues and overall results of operations, so the reader is advised to refer to the Risk Factors sections of the Company’s filings with the Securities and Exchange Commission for additional information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements. Except as expressly required by applicable securities law, the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations Contact:
Dave Gentry
RedChip Companies Inc.
1-800-RED-CHIP (733-2447)
Or 407-491-4498
Dave@redchip.com

Investor Contact:
Sandra Dou
Vice President of Corporate Finance
Borqs Technologies, Inc.
sandra.dou@borqs.net
www.borqs.com


FAQ

What did Borqs Technologies announce on July 19, 2021?

Borqs Technologies announced an interview with CFO Anthony Chan aired on The RedChip Money Report on Bloomberg.

How does Borqs Technologies plan to grow in the IoT market?

Borqs Technologies focuses on developing customizable IoT solutions and is advancing in 5G products.

What risks did Borqs Technologies highlight in their press release?

The press release noted risks related to the COVID-19 pandemic impacting the supply chain and business recovery.

Where can I watch the Borqs Technologies interview?

The interview segment can be viewed on Bloomberg or via the provided YouTube link in the press release.

Borqs Technologies, Inc.

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