- Borqs Technologies Inc BRQS has bagged purchase orders from a U.S. Fortune 500 Company to supply multiple enterprise Android-based handheld computers to the U.S., E.U., and Asian markets.
- Borqs develops rugged handheld computers with critical technologies for the U.S. market. The products include the latest radio bands, integrated scanners.
- The devices increase productivity in retail, healthcare, point of sales (POS), pickup and delivery, field service applications, and eventually distributed to the E.U. and Asian markets.
- The estimated revenues from these purchase orders are worth $10 million within a year.
- Borqs expects the mobile handheld market to grow steadily following the retail market recovery from the pandemic.
- Price action: BRQS shares traded higher by 5.47% at $0.99 in the premarket session on the last check Tuesday.
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