Borqs India Successfully Demonstrated Next Gen TV Smartphone to One Media, a Wholly-Owned Subsidiary of Sinclair Broadcast Gr...
November 17 2020 - 9:00AM
Borqs India, a subsidiary of Borqs Technologies, Inc. (Nasdaq:
BRQS), (the “Company”, or “Borqs”) has successfully demonstrated a
NextGen TV Android smart phone (branded Mark One) based on ATSC 3.0
to One Media 3.0, a wholly-owned subsidiary of Sinclair Broadcast
Group, a part of the station group’s strategy to ensure that
NextGen TV one day is an integral part of mobile phones and other
terminal devices. ATSC 3.0, a new broadcast signaling standard
branded as “NextGen TV”, is starting to break away from TV screen
and gain its first foothold on the smartphone.
The Mark One Android phone is developed by Borqs
and Saankhya Labs. It is powered by Saankhya Labs SL4000 ATSC 3.0
receiver chip providing NextGen TV reception, tuning and
demodulation. The Mark One phone relies on an embedded antenna –
not a pull-out or hang-on antenna — and is an unlocked AT&T and
T-Mobile-compatible device. The phone enables advancements such as
4K and High Dynamic Range (HDR) video, live TV and video-on-demand,
new forms of OTT-delivered streaming services from broadcasters,
targeted and interactive advertising and new emergency alerting
capabilities.
According to the news(1) and (2), One Media is
working with two large U.S. MVNOs (Mobile Virtual Network
Operators) that ride on AT&T and T-Mobile wireless networks
about the distribution of ATSC 3.0-capable "broadcast feature
phones”. It is expected that millions of MVNO subscribers would
want to have a smart phone with Next Gen TV functionality. One
Media is in the process of getting legislation into multiple
states, specifically state house and senate legislation in New York
at the moment, for a mandate to include ATSC 3.0 receivers in
smartphones because of the public safety and public service side of
the standard.
One Media and US broadcasters are also working
on ways to alter the topology of the broadcast network to ensure
uniformity in coverage that big towers might not provide in all
instances and in all venues. One Media believes that there could be
opportunities for small ATSC 3.0-based transmitters to be deployed
alongside 5G network buildouts and help to flesh out the reach of a
new IP-based distribution network.
“We’re thrilled to work with Saankhya Labs to
develop the Mark One phone. We have overcome many technical
challenges especially related to antenna RF performance. We believe
that there is a huge market opportunity for ATSC 3.0 enabled mobile
devices,” said Hareesh Ramanna, General Manager of the Connected
Business Unit of Borqs.
(1) ONE Media’s ATSC 3.0 Smartphone Becomes a
Realityhttps://www.tvtechnology.com/news/one-medias-atsc-30-smartphone-becomes-a-reality
(2) ATSC 3.0 reaches the
smartphonehttps://www.lightreading.com/cablevideo/atsc-30-reaches-smartphone/d/d-id/765098
About Borqs Technologies,
Inc.
Borqs Technologies is a global leader in
software and products for the 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’ unique strengths include its Android and
Android Wear Licenses which enabled the Company to develop a
software IP library covering chipset software, Android
enhancements, domain specific usage and system performance
optimization, suitable for large and low volume customized
products. The Company is also currently in development
of 5G products for phones and hotspots.
Forward-Looking Statements and
Additional Information
This press release includes “forward-looking
statements” that involve risks and uncertainties that could cause
actual results to differ materially from what is expected. Words
such as “expects”, “believes”, “anticipates”, “intends”,
“estimates”, “predicts”, “seeks”, “may”, “might”, “plan”,
“possible”, “should” and variations and similar words and
expressions are intended to identify such forward-looking
statements, but the absence of these words does not mean that a
statement is not forward-looking. Such forward-looking statements
relate to future events or future results, based on currently
available information and reflect our management’s current beliefs.
Many factors could cause actual events or results to differ
materially from the events and results discussed in the
forward-looking statements, including the possibility that the
Company will not sell Mark One to One Media 3.0 in significant
quantities or at all, the Company will not consummate its
previously announced line of credit transaction on terms favorable
to the Company or at all, the possibility that the Company may not
receive actual orders in the amounts forecasted previously, the
possibility that the Company may not be able to deliver the
contracted devices to satisfy the demand forecasted, and the
negative impact of the coronavirus on the Company’s supply chain,
revenues and overall results of operations, so the reader is
advised to refer to the Risk Factors sections of the Company’s
filings with the Securities and Exchange Commission for additional
information identifying important factors that could cause actual
results to differ materially from those anticipated in the
forward-looking statements. Except as expressly required by
applicable securities law, the Company disclaims any obligation to
update any forward-looking statements, whether as a result of new
information, future events or otherwise.
Investor Contact:
Sandra DouDirector of FinanceBorqs Technologies,
Inc.sandra.dou@borqs.net www.borqs.com
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