Borqs Technologies is currently a shell company with no core operational business. Historically, the company provided Android-based software and connected device solutions through its Connected Solutions business unit. Borqs developed customized Android platform software, branded BorqsWare, which included client-side tailoring for mobile chipsets and server-side software for managing mobile services and billing. The business operated as an original design manufacturer (ODM), combining software research and development with hardware design for mobile phones, tablets, wearables, and IoT devices. Borqs served a global customer base consisting of chipset manufacturers, device OEMs, and mobile operators, and generated revenue through project-specific engagements rather than recurring subscriptions. In April 2025, the company completed the sale of its Connected Solutions business unit to Sasken. This transaction followed the March 2024 divestiture of its interest in Holu Hou Energy, a solar and energy storage firm. Following these sales, Borqs retains only a minimal workforce and is restricted by a five-year non-compete agreement from participating in ODM or IoT activities. The company maintains its holding company structure but currently lacks an active core business or disclosed future operational strategy.