Borqs Technologies Inc. (NASDAQ:BRQS) Purchased 5G License with Qualcomm: Stock Surges 15%

April 18, 2022

Borqs Technologies Inc. (NASDAQ:BRQS) was up 15% after the global IoT, 5G wireless solutions provider signed revised license agreements with Qualcomm that included the acquisition of a 5G patent licensing deal. These partnerships allow the Borqs to create and produce 5G products for clients around the globe using Qualcomm’s cutting-edge technologies. Trading Data On Thursday, BRQS stock soared 15.30% to $0.1963 with more than 246.54 million shares, compared to volume…

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