eSIM+ platform launched for easy deployment of IoT solutions
SANTA CLARA, Calif. (Oct 17, 2018) - Borqs Technologies, Inc. (NASDAQ: BRQS) - a global leader in embedded software, products and cloud solutions for the Internet of Things (IoT), announced today its Connectivity Business Unit, YuanTel Communications has been ranked as one of the top 3 MVNOs in China for the third consecutive year by the CCIDCOM, a leading China telecom information portal of the China Electronic Information Industry Development and Research Institute. The ranking is based on market influences, business and technology innovation, and customer satisfaction.
Since the establishment of the mobile network operator services, Yuantel has focused on innovative mobile internet and the Internet of Things (IoT) services. It has filed 19 patents, with 8 of them granted and the remaining in review. In August 2018, Yuantel launched its patented eSIM+ business platform. The eSIM+ platform provides end-to-end functionality, which allows business to launch their IoT solutions efficiently. The platform SDK allows an IoT device (e.g. wearable) to dynamically obtain a new mobile number and perform real user ID identification with facial recognition, which is a requirement by the Chinese government. The backend server of the platform provides all the needed backend services for business to perform provisioning, charging and billing. Yuantel integrated their eSIM+ platform to enable the LAOLE’s LE01 smartwatch which was unveiled at London Fashion Week on Sep 17, 2018. LE01 is a testimony to the successful strategic partnership between Yuantel and LAOLE, among a series of collaborations and innovations in development between the two companies.
“Following the successful launch of the LE01, we are raising the bar for communications innovation.” Said Zhibin Liu, CEO of Shenzhen LAOLE Health Technology Co., Ltd. “Yuantel has provided an exclusive eSIM+ solution to offer convenient and efficient services to our customers. LAOLE and Yuantel will continue to collaborate to improve user experiences further in upcoming LAOLE’s wearable devices.”
“It is our honor to have received recognition from the industry experts such as CCIDCOM as one of the top 3 MVNOs in China for the third consecutive year. We are starting to see a proliferation of IoT services in China. Our newly launched eSIM+ platform will enable companies to launch services efficiently and effectively. We are very pleased that the eSIM+ platform has been adopted by LAOLE.”, said Jason Wang, President of the Connectivity Business Unit.
About Borqs: Borqs Technologies (NASDAQ: BRQS) 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 strategic chipset partner relationships as well as its broad software and IP portfolio. BORQS designs, develops and provides turnkey solutions across device form factors such as smartphones, tablets, smartwatches, trackers, automotive in-vehicle infotainment and vertical application devices (for restaurants, payments, et al.). For more information, please visit the Borqs website (http://www.borqs.com).
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Michelle Wang, Market Communications
Sandra Dou, Investor Relations