Borqs Technologies' Stock May Skyrocket Due To This U.S. Government Demand
Feb. 06, 2023 11:37 PM ETBorqs Technologies, Inc. (BRQS)HE, RUN, QCOM
Summary
Borqs Technologies is a little-known player in the renewable energy, 5G networks, and Internet of Things markets, with a focus on India.
It holds a 51% interest in a U.S.-based energy storage and solar panels company with a growing customer base.
The U.S. Government, claiming security concerns, is forcing Borqs to forfeit its stake in this company, which might result in significant profits.