Borqs Tech rises on signing revised Qualcomm licensing agreements

Borqs Technologies

14/04/2022 18:32

** Shares of software product maker  BRQS.O  rise 27.3% to
$0.21
    ** Co says it has signed a set of revised licensing
agreements with Qualcomm, which includes purchasing 5G patent
licensing agreement  urn:newsml:reuters.com:*:nGNXbLrdkQ
    ** Agreements enable BRQS to design and manufacture 5G
products based on Qualcomm's latest technologies
    ** BRQS shares down 41.84% for the year

 (Reporting by Mrinalika Roy in Bengaluru)
 ((mrinalika.roy@thomsonreuters.com; within U.S. +1 646 223
8780, outside U.S. +91 806749 8325;))