Borqs Technologies Inc, formerly Pacific Special Acquisition Corp is a China-based company focused on software, development services and products. The Company provides customizable, differentiated and scalable Android-based smart connected devices and cloud service solutions. The Company operates its business through two segments. The Mobile Virtual Network Operator (MVNO) services segment provides a full range 2G/3G/4G voice and data services for general consumer usage and Internet of Things (IoT) devices, as well as traditional telecom services such as voice conferencing, and acts as a sales and promotion channel for the products developed by the Connected Solutions segment. The Connected Solutions segment helps customers design, develop and realize the commercialization of their connected devices.