Borqs Receives Investment from Inter Capital

Borqs Ltd., a Beijing-China-based Android software integrator for mobile devices, has received an equity investment from Intel Capital.
The company intends to use the proceeds from the investment, which is still subject to the satisfaction of closing conditions, for business development.
The transaction aligns with Intel’s port of choice strategy to support multiple operating systems across a variety of devices and
The company works with smart phone OEMs, semi-conductor companies, and mobile operators to enhance the Android system to meet their requirements. With expertise ranging from kernel, device-level drivers to top-level user interfaces, Borqs Android solution has been deployed in more than 30 Android mobile devices for W-CDMA and TD-SCDMA networks.
The company, which has offices and R&D centers in the USA and India, is backed by Keytone, GSR, Tsinghua University and Norwest Venture Partners.
FinSMEs
14/02/2011

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