Shanghai Based Smart Product Developer HQ Communication Raised ¥1 Billion in a Series B Round Funding Led by Qualcomm Ventures and Intel Capital

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Shanghai Based Smart Product Developer HQ Communication Raised ¥1 Billion in a Series B Round Funding Led by Qualcomm Ventures and Intel Capital

Shanghai based smart product developer HQ Communication raised ¥1 billion in a series B round funding by Qualcomm Ventures, Intel Capital, SK Capital, Summit View Capital, Wise Road Capital, ZKJI, Minhe Captial, CMB Internatinoal, CMS, and other institutions. The investment will be used to build a global smart hard devices platform and enhance product R&D.

Established in 2015, HQ Communication is a company focusing on R&D, design, and manufacturing of various smart products. Its products include smart phone, tablet, laptop. Smart watch, server, IoT and electroinc automobile parts. Its total revenue in 2018 reahced ¥30.8 billion, shipping 106 million units of products.

 

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