Details

Name: Borqs Technologies, Inc.

Email: services@borqs.com

Phone: 861059756336

Address: Building B23-A Universal Business Park No. 10 Beijing 100015 China

Stock Symbol: BRQS

News

Borqs technologies, inc. completes due diligence process for us$150 million line of credit offer •may 4, 2020 borqs technologies, inc. completes due diligence process for us$150 million line of credit offer more borqs technologies, inc. (brqs), (the “company”, or “borqs”), a global leader in embedded software and products for the internet of things (iot) industry, today announced that the company has completed the due diligence process as requested by the lenders of a line of credit up to us$150 million (see company release on april 13, 2020) for working capital needs for the company’s customer pre-orders forecasted at over us$100 million. the line of credit will become available upon the final approval procedures of the lenders based on the pre-orders received by the company.