Quectel Wireless Solutions Co Ltd - Company Profile
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Quectel Wireless Solutions Co Ltd (Quectel) is a company that provides Internet of Things (IoT) solutions. The company's activities include the development and supply of hardware and services for IoT applications. Quectel's major products encompass a range of modules such as cellular, 4G, 5G, automotive, GNSS, LPWA, satellite, smart, Wi-Fi, and Bluetooth modules, as well as antennas and RF coax cables. The company offers its products under the brand name Quectel. Its products and services are utilized by customers across various industries for applications in telecommunications, automotive, and smart devices. The company operates in Europe, Asia-Pacific, and North America. Quectel is headquartered in Shanghai, China.
Headquarters
China
Address
Building 5, (zone B), Science And Technology Oasis P, Shanghai, 201601
Website
www.quectel.com
Telephone
86 21 51086236
No of Employees
8,956
Industry
Technology and Communications
Ticker Symbol & Exchange
603236 (SHA)
Revenue (2024)
$3.4B
30.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
42.3%
(2024 vs 2023)
Market Cap*
$3.6B
Net Profit Margin (2024)
XYZ
8.9%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| Hardware | Antenna Services | Quectel |
| Product selector | Electronics Manufacturing | |
| Cellular modules | IoT ODM Services | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In July, the company introduced the FCE870X and FME170X tri-band Wi-Fi 7 modules. |
| 2026 | New Products/Services | In June, the company launched the FCM365X, a dual-band Wi-Fi 6 and Bluetooth Low Energy 5.4 module based on the NXP Semiconductors RW612 wireless MCU. |
| 2026 | Corporate Changes/Expansions | In June, the company opened a new research and development office in Manaus, Brazil. |
Competitor Comparison
| Key Parameters | Quectel Wireless Solutions Co Ltd | Fibocom Wireless Inc | Shenzhen Youfang Technology Co Ltd | Gosuncn Technology Group Co Ltd | RTX A/S |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | Denmark |
| City | Shanghai | Shenzhen | Shenzhen | Guangzhou | Noerresundby |
| State/Province | Shanghai | Guangdong | Guangdong | Guangdong | - |
| No. of Employees | 8,956 | 1,863 | 451 | 2,074 | 317 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Qian Penghe | Chairman; General Manager | Executive Board | 2015 | 54 |
| Zhang Dong | Deputy General Manager; Director | Executive Board | 2025 | 44 |
| Zheng Lei | Chief Financial Officer; Secretary; Deputy General Manager | Senior Management | 2017 | 38 |
| Zhu Weifeng | Chief Financial Officer | Senior Management | 2021 | 40 |
| Xu Dayong | Deputy General Manager | Senior Management | 2015 | 41 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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