Qualcomm, Accel Lead $10M Round In Smart Device Solutions Provider Borqs

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Qualcomm Ventures, the venture capital arm of global semiconductor giant Qualcomm, Inc., and Accel Partners India have led a US$10 million series E round in Beijing and Bangalore-based Borqs International Holding Corp., a provider of smart connected devices and cloud service solutions for the Internet of Things (IoT) sector, according to a company announcement.

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