Borqs Named Company of the Year for Innovation & Leadership in Mobile Technology for Asia Pacific by IAIR -- Third Consecutive Year

BEIJING, March 21, 2016 /PRNewswire/ -- Borqs International Holding Corp, a global leading provider of smart connected devices and cloud service solutions for IoT, announced today that it has received the Company of the Year for Innovation & Leadership in Mobile Technology for Asia Pacific award from International Alternative Investment Review (IAIR) for third consecutive year.

The IAIR's award recognizes companies that have made remarkable achievements in helping promote global economic and sustainable development. The winners were selected by a judging panel consisting of members from IAIR magazine and IAIREVIEW.org (www.iaireview.org) as well as journalists focusing on legal, economic and financial sectors from more than 50 countries worldwide.

"We feel truly honored to win the IAIR award for three consecutive years. This proud achievement belongs to the entire Borqs team," said Pat Chan, CEO and President of Borqs. "We are committed to delivering leadership innovation in Android-based smart connected devices and cloud service solutions for the fast growing IoT ecosystem through customization, differentiation and scale. This award motivates us to continue leveraging the innovative abilities of our outstanding technical team to spur development in the IoT industry."

During the past year, Borqs delivered a wide range of innovations through its product portfolio of smart phones, tablets, wearables in collaboration with global chipset vendors, terminal manufacturers and operators. Borqs breakthrough business model that combines reference designs for SoC, smart connected devices that leverage this reference design and the MVNO platform as the deployment channel, has been a huge success with customers in rapidly penetrating a wide variety of vertical markets. Borqs has been able to leverage its market insights to make its products and innovations successful.

"Borqs' long lasting business results have led to third consecutive IAIR recognition. Thanks to its constant research and development efforts for Internet of Things solutions, along with its leading high-quality services for tablets & smartphones, it was able to become a global landmark in smart connected devices and cloud service solutions," said Guido Giommi, President of the judging panel for the IAIR® award.

About Borqs

Borqs International Holding Corp., is a global leader in software and products for IoT providing customizable, differentiated and scalable Android-based smart connected devices and cloud service solutions. BORQS has achieved leadership and customer recognition as an innovative end-to-end IoT solutions provider leveraging its unique strategic chipset partner relationships as well as its broad software and IP portfolio.

BORQS designs, develops and provides turnkey solutions across device form factors from Smart Phones, Tablets, Smart Watches, Ruggedized Designs, Automotive IVI, Vertical application devices for restaurants and payments.

SOURCE Borqs International Holding Corp