NQ Mobile
   HOME

TheInfoList



OR:

Link Motion Inc, formerly NetQin and NQ Mobile, is a multinational
technology company A technology company (or tech company) is a company that focuses primarily on the manufacturing, support, research and development of—most commonly computing, telecommunication and consumer electronics–based—technology-intensive products and ...
that develops, licenses, supports and sells
software Software consists of computer programs that instruct the Execution (computing), execution of a computer. Software also includes design documents and specifications. The history of software is closely tied to the development of digital comput ...
and services that focus on the smart ride business. Link Motion sells carputers for car businesses, consumer ride sharing services, as well as legacy
mobile security Mobile security, or mobile device security, is the protection of smartphones, tablets, and laptops from threats associated with wireless computing. It has become increasingly important in mobile computing. The Information security, security of pe ...
, productivity and other related applications. Link Motion maintains dual headquarters in
Dallas Dallas () is a city in the U.S. state of Texas and the most populous city in the Dallas–Fort Worth metroplex, the List of Texas metropolitan areas, most populous metropolitan area in Texas and the Metropolitan statistical area, fourth-most ...
,
Texas Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the we ...
, United States and
Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...
, China. A Court Receiver, lawyer
Robert Seiden Robert W. Seiden is an American former prosecutor, lawyer, global investigator, court-appointed receiver, integrity monitor and founder of Seiden Law, Seiden Law LLP, a litigation and sanctions-focused law firm. Seiden also serves on the board ...
, was appointed over Link Motion in February 2019 in the United States in the federal district court in the Southern District of New York by Judge Victor Marrero. The Receiver removed Wenyong “Vincent” Shi as chairman and chief executive officer, and replaced him by appointing Mr. Lilin “Francis” Guo.


History


2005–2011: Founding and company beginnings

Link Motion was founded as NQ Mobile in 2005 by Dr. Henry Lin, formerly the youngest associate professor at the
Beijing University of Posts and Telecommunications Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...
, and Dr. Vincent Shi. The company began its business by offering mobile security services and later started offering productivity products to families and enterprise customers. Their services were compatible with a wide range of handset models and almost all currently available operating systems for smartphones, including
Java Java is one of the Greater Sunda Islands in Indonesia. It is bordered by the Indian Ocean to the south and the Java Sea (a part of Pacific Ocean) to the north. With a population of 156.9 million people (including Madura) in mid 2024, proje ...
,
Symbian Symbian is a discontinued mobile operating system (OS) and computing platform designed for smartphones. It was originally developed as a proprietary software OS for personal digital assistants in 1998 by the Symbian Ltd. consortium. Symbian OS ...
,
iOS Ios, Io or Nio (, ; ; locally Nios, Νιός) is a Greek island in the Cyclades group in the Aegean Sea. Ios is a hilly island with cliffs down to the sea on most sides. It is situated halfway between Naxos and Santorini. It is about long an ...
,
Android Android most commonly refers to: *Android (robot), a humanoid robot or synthetic organism designed to imitate a human * Android (operating system), a mobile operating system primarily developed by Google * Android TV, a operating system developed ...
,
Windows Phone Windows Phone (WP) is a discontinued mobile operating system developed by Microsoft Mobile for smartphones as the replacement successor to Windows Mobile and Zune. Windows Phone featured a new user interface derived from the Metro design languag ...
and
BlackBerry OS BlackBerry OS is a discontinued proprietary mobile operating system developed by Canadian company Research In Motion (now BlackBerry Limited) for its BlackBerry line of smartphone handheld devices. The operating system provides multitasking ...
. NQ Mobile also collaborated closely with other mobile ecosystem participants, including chipmakers, handset manufacturers, wireless carriers, third party payment channels, retailers and other distribution channels in order to broaden the reach of their services. NQ Mobile's initial focus was the China marketplace. The company cooperated with
China Mobile China Mobile is the trade name of both China Mobile Limited and its ultimate controlling shareholder, China Mobile Communications Group Co., Ltd., a Chinese State-owned enterprises of China, state-owned telecommunicationsStrait deals ''The Econ ...
,
China Unicom China United Network Communications Group (China Unicom) is a Chinese state-owned telecommunications operator. Originally founded (on January 6 2009) as a wireless paging and GSM mobile operator, it currently provides a range of services inclu ...
and
China Telecom China Telecom Corporation Limited (CT) is a Chinese telecommunications company. It is one of the publicly traded red chip companies of the state-owned China Telecommunications Corporation. The company's H shares have been traded on the Sto ...
, the three largest mobile companies in China. NQ Mobile also cooperated with
Nokia Nokia Corporation is a Finnish multinational corporation, multinational telecommunications industry, telecommunications, technology company, information technology, and consumer electronics corporation, originally established as a pulp mill in 1 ...
and
Sony is a Japanese multinational conglomerate (company), conglomerate headquartered at Sony City in Minato, Tokyo, Japan. The Sony Group encompasses various businesses, including Sony Corporation (electronics), Sony Semiconductor Solutions (i ...
to pre-installed NQ products on their companywide mobile phones. NQ Mobile has also worked closely with
Symbian Symbian is a discontinued mobile operating system (OS) and computing platform designed for smartphones. It was originally developed as a proprietary software OS for personal digital assistants in 1998 by the Symbian Ltd. consortium. Symbian OS ...
,
Windows Mobile Windows Mobile is a discontinued mobile operating system developed by Microsoft for smartphones and personal digital assistants (PDA). Designed to be the portable equivalent of the Windows desktop OS in the emerging Mobile device, mobile/port ...
and
Android Android most commonly refers to: *Android (robot), a humanoid robot or synthetic organism designed to imitate a human * Android (operating system), a mobile operating system primarily developed by Google * Android TV, a operating system developed ...
, developing mobile security applications based on those operating systems. In addition,
Samsung Samsung Group (; stylised as SΛMSUNG) is a South Korean Multinational corporation, multinational manufacturing Conglomerate (company), conglomerate headquartered in the Samsung Town office complex in Seoul. The group consists of numerous a ...
,
Motorola Motorola, Inc. () was an American multinational telecommunications company based in Schaumburg, Illinois. It was founded by brothers Paul and Joseph Galvin in 1928 and had been named Motorola since 1947. Many of Motorola's products had been ...
,
Dopod HTC Corporation ( zh, t=宏達國際電子股份有限公司, p=Hóngdá Guójì Diànzǐ Gǔfèn Yǒuxiàn Gōngsī, first=t), or High Tech Computer Corporation (abbreviated and trading as HTC), is a Taiwanese consumer electronics corporatio ...
,
Lenovo Lenovo Group Limited, trading as Lenovo ( , zh, c=联想, p=Liánxiǎng), is a Chinese multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, software, servers, conv ...
,
Tencent Tencent Holdings Ltd. ( zh, s=腾讯, p=Téngxùn) is a Chinese Multinational corporation, multinational technology Conglomerate (company), conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimed ...
, and
Baidu Baidu, Inc. ( ; ) is a Chinese multinational technology company specializing in Internet services and artificial intelligence. It holds a dominant position in China's search engine market (via Baidu Search), and provides a wide variety of o ...
have all been the company's partners. In August 2011, Chris Stier was appointed managing director for the
Americas The Americas, sometimes collectively called America, are a landmass comprising the totality of North America and South America.''Webster's New World College Dictionary'', 2010 by Wiley Publishing, Inc., Cleveland, Ohio. When viewed as a sing ...
and became responsible for NQ Mobile's business development throughout the
Americas The Americas, sometimes collectively called America, are a landmass comprising the totality of North America and South America.''Webster's New World College Dictionary'', 2010 by Wiley Publishing, Inc., Cleveland, Ohio. When viewed as a sing ...
, overseeing sales and marketing operations as well as establishing strategic partnerships with key industry players in the region. In October 2011, Geoff Casely was appointed managing director for the Europe, Middle East, and Africa (EMEA) region based in
London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...
and became responsible for NQ Mobile's business development in EMEA and building strategic partner relationships.


2012–2013: International expansion

Omar Khan joined the company in January 2012 as co-CEO to direct the company alongside the current chairman and chief executive officer Dr. Henry Lin and the company changed its corporate name from NetQin Mobile Inc. to NQ Mobile Inc. Mr. Khan focused on the global expansion of NQ Mobile into markets such as
North America North America is a continent in the Northern Hemisphere, Northern and Western Hemisphere, Western hemispheres. North America is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South Ameri ...
,
Latin America Latin America is the cultural region of the Americas where Romance languages are predominantly spoken, primarily Spanish language, Spanish and Portuguese language, Portuguese. Latin America is defined according to cultural identity, not geogr ...
,
Europe Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east ...
, Japan,
Korea Korea is a peninsular region in East Asia consisting of the Korean Peninsula, Jeju Island, and smaller islands. Since the end of World War II in 1945, it has been politically Division of Korea, divided at or near the 38th parallel north, 3 ...
and India. Dr. Lin continued to focus on the core markets such as China and
Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia. The main geography of Taiwan, island of Taiwan, also known as ''Formosa'', lies between the East China Sea, East and South China Seas in the northwestern Pacific Ocea ...
among other developing countries. During the first half of 2012, NQ Mobile expanded its international management with the additions of Gavin Kim as chief product officer, Kim Titus, senior director of Communication, Conrad Edwards as chief experience officer, and Victoria Repice as senior director of product management. NQ Mobile expanded its mobile internet services in November 2012 with the acquisition of Feiliu. Feiliu was founded in 2009 and was subsequently rebranded to FL Mobile. It is a leading mobile interest-based community platform with coverage in China that engages users in real-time mobile online activities. FL Mobile provides application recommendation services, interest-based exchanges, and mobile games to its user communities. According to data published by third party marketing research company Sino MR, FL Mobile was the top
iOS Ios, Io or Nio (, ; ; locally Nios, Νιός) is a Greek island in the Cyclades group in the Aegean Sea. Ios is a hilly island with cliffs down to the sea on most sides. It is situated halfway between Naxos and Santorini. It is about long an ...
mobile game publisher and operator in the Chinese market in December 2012. FL Mobile had 87.3 million registered users and 16.1 million
monthly active users Active users is a software performance metric that is commonly used to measure the level of engagement for a particular software product or object, by quantifying the number of active interactions from users or visitors within a relevant range ...
by the end of June 2013. EnfoDesk Analysys International (EnfoDesk), a major market tracking company, reported that FL Mobile became the number one publisher on the
iOS Ios, Io or Nio (, ; ; locally Nios, Νιός) is a Greek island in the Cyclades group in the Aegean Sea. Ios is a hilly island with cliffs down to the sea on most sides. It is situated halfway between Naxos and Santorini. It is about long an ...
platform and increased its market share to 36.6 percent in the first half of 2013. The first-place ranking included the top spot for both revenues and number of mobile users. The report also claims FL Mobile ranks third place across all platforms for both revenues and mobile users and maintains 18.8 percent share of total revenues in the first half of the 2013. NQ Mobile also expanded into enterprise security products and services starting in May 2012 when it acquired 55% of NationSky and the remaining 45% in July 2013. Founded in 2005, NationSky is a leader in providing mobile services to more than 1,250 enterprises in China. By working with carriers and smart phone platform providers, NationSky delivers device agnostic managed mobile services, self developed
mobile device management Mobile device management (MDM) is the administration of mobile devices, such as smartphones, tablet computers, and laptops. MDM is usually implemented with the use of a third-party product that has management features for particular vendors of ...
(MDM) software NQSky and other mobile
SaaS Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike oth ...
services. Headquartered in
Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...
, NationSky also has offices in
Shanghai Shanghai, Shanghainese: , Standard Chinese pronunciation: is a direct-administered municipality and the most populous urban area in China. The city is located on the Chinese shoreline on the southern estuary of the Yangtze River, with the ...
and
Shenzhen Shenzhen is a prefecture-level city in the province of Guangdong, China. A Special economic zones of China, special economic zone, it is located on the east bank of the Pearl River (China), Pearl River estuary on the central coast of Guangdong ...
. In June 2013, NQ Mobile hired Matt Mathison to the senior management position of vice president,
Capital Markets A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold, in contrast to a money market where short-term debt is bought and sold. Capital markets channel the wealth of savers t ...
. In August 2013, NQ Mobile opened a second global headquarters in
Dallas Dallas () is a city in the U.S. state of Texas and the most populous city in the Dallas–Fort Worth metroplex, the List of Texas metropolitan areas, most populous metropolitan area in Texas and the Metropolitan statistical area, fourth-most ...
,
Texas Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the we ...
. The company also further expanded its products and service offerings with the acquisitions of Shanghai Yinlong Information and Technology Co., Ltd. ("Yinlong") to develop content-based music information retrieval (MIR) technology based on multi platforms, NQ Mobile (Shenzhen) Co., Ltd. ("NQ Shenzhen") to offer online security education and value added services, Best Partners Ltd. ("Best Partner") for
mobile advertising Mobile advertising is a form of advertising via mobile (wireless) phones or other mobile devices. It is a subset of mobile marketing, mobile advertising can take place as text ads via SMS, or banner advertisements that appear embedded in a ...
, Beijing Tianya Co., Ltd. ("Tianya") for mobile healthcare applications development and
search engine marketing Search engine marketing (SEM) is a form of Internet marketing that involves the promotion of websites by increasing their visibility in search engine results pages (SERPs) primarily through paid advertising. SEM may incorporate search engine op ...
in the
healthcare industry The healthcare industry (also called the medical industry or health economy) is an aggregation and integration of sectors within the economic system that provides goods and services to treat patients with curative, preventive, rehabilitative, ...
in China, Chengdu Ruifeng Technology Co., Ltd. ("Ruifeng") to provide enterprise mobility system development and
iOS Ios, Io or Nio (, ; ; locally Nios, Νιός) is a Greek island in the Cyclades group in the Aegean Sea. Ios is a hilly island with cliffs down to the sea on most sides. It is situated halfway between Naxos and Santorini. It is about long an ...
training Training is teaching, or developing in oneself or others, any skills and knowledge or fitness that relate to specific useful competencies. Training has specific goals of improving one's capability, capacity, productivity and performance. I ...
programs, Tianjin Huayong Wireless Technology Co., Ltd. ("Huayong ") for research and development and marketing of live wallpapers for smart phones using the
Android operating system Android is an operating system based on a modified version of the Linux kernel and other open-source software, designed primarily for touchscreen-based mobile devices such as smartphones and tablets. Android has historically been developed by ...
, and expanded its market with NQ Mobile KK ("NQ Japan") in Japan.


2014–2015: Consolidation and divestments

In 2014 NQ Mobile continued expanding through acquisitions with Beijing Trustek Technology Co., Ltd. ("Trustek") to provide enterprise mobility services, including
system management Systems management is enterprise-wide administration of distributed systems including (and commonly in practice) computer systems. Systems management is strongly influenced by network management initiatives in telecommunications. The applica ...
, application development,
business intelligence Business intelligence (BI) consists of strategies, methodologies, and technologies used by enterprises for data analysis and management of business information. Common functions of BI technologies include Financial reporting, reporting, online an ...
and maintenance services, Yipai Tianxia Network Technology Co., Ltd. ("Yipai") to provide mobile intelligent interactive advertising services, through integration of media channels of outdoor, newspapers, magazines etc., Beijing Showself Technology Co., Ltd. (" Showself") to provide entertainment and dating platforms on mobile internet, and established Beijing NQ Mobile Co., Ltd. ("NQ Yizhuang") to engage in software design and development for computer and mobile devices and other technology consulting services. The company also took a controlling stake in Link Motion. In May 2015, Mr. Zemin Xu took over as CEO and the company held a press conference in
Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...
to announce their new business strategy and reorganized along two lines, a technical division representing mobile security, mobile enterprise and mobile health care, and an entertainment division covering mobile advertising, mobile entertainment and mobile games. During the conference NQ Mobile also announced its new Showself Entertainment brand which includes Showself, Showself Live Wallpaper, Showself
Music Radar Future plc is a British publishing company. It was started in 1985 by Chris Anderson. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History 1985–2012 The company was founded by Chris Anderson as ...
and Showself Launcher. In June 2015, Mr. Roland Wu was appointed as chief financial officer. In August 2015 the company along with the other existing shareholders of FL Mobile Inc. agreed to sell to Beijing Jinxing Rongda Investment Management Co. Ltd., a subsidiary of Tsinghua Holdings Co., Ltd, the entire stake in FL Mobile Inc. that they currently hold for no less than RMB 4 billion (or approximately no less than US$626 million) and also the sale of all of NQ Mobile's interest in Beijing NationSky Network Technology Co., Ltd., to Mr. Hou Shuli, a founder and senior management member of Beijing NationSky, for an aggregate consideration of US$80 million. The company completed the divestment of NationSky for $80 million at the end of 2015.


2016–Present: Business transformation

Throughout 2016 NQ Mobile continued to consolidate and began shifting its core business to smart cars while working on the divestments of FL Mobile and other businesses. On March 30, 2017, the company announced a new agreement to sell FL Mobile for RMB 4 billion along with Beijing Showself for RMB 1.23 million to Tongfang Investment Fund Series SPC, an affiliate of
Tsinghua Tongfang Tsinghua Tongfang Co., Ltd. is a Public company, publicly traded state-owned enterprise headquartered in Beijing, China, which operates in various sectors including consumer electronics, information technology, and energy and environmental indu ...
. The divestment of FL Mobile and Beijing Showself was completed in December 2017. In January 2018, NQ Mobile announced that its board of directors approved a rebranding effort around its new focus as a
vehicular automation Vehicular automation is using technology to assist or replace the operator of a vehicle such as a car, truck, aircraft, rocket, military vehicle, or boat. Assisted vehicles are ''semi-autonomous'', whereas vehicles that can travel without a ...
and
mobility as a service Mobility as a service (MaaS) is a type of service that enables users to plan, book, and pay for multiple types of mobility services through an integrated platform. Transportation services from public and private transportation providers are combi ...
company by change its name from “NQ Mobile Inc.” to “Link Motion Inc.” and its ticker from “NQ” to “LKM.” In February 2018, the company hired MZ Group for investor relations and financial communications across all key markets and changed its name to Link Motion Inc. and their ticker to LKM. In March 2018, Link Motion Inc. appointed Mr. Duo Tang to executive vice president and the head of the company's smart ride business. In February 2019, the federal court in New York appointed Robert W. Seiden, a lawyer and former prosecutor, as Receiver over Link Motion to preserve the assets of the company. Seiden was also appointed receiver over LKM and its subsidiaries in Hong Kong by the High Court of the Hong Kong Special Administrative Region Court of the First Instance, along with Lauren Lau of KLC. The Receiver removed Wenyong “Vincent” Shi as chairman and chief executive officer of Link Motion and replaced him by appointing Mr. Lilin “Francis” Guo.


Products


Mobile value added services

*
Freemium Freemium, a portmanteau of the words "free" and "premium", is a pricing strategy by which a basic product or service is provided free of charge, but money (a premium) is charged for additional features, services, or virtual (online) or physical ( ...
products including NQ Mobile Security Applications, Vault and Family Guardian.


Advertising

Revenue sources include third-party application referrals from mobile applications,
banner ads A web banner or banner ad is a form of advertising on the World Wide Web delivered by an ad server. This form of online advertising entails embedding an advertisement into a web page. It is intended to attract traffic to a website by linking to ...
and intelligent
interactive advertising Interactive advertising uses online or offline interactive media to communicate with consumers and to promote products, brands, services, and public service announcements, corporate or political groups. In the inaugural issue of the ''Journal of I ...
services through user modeling and
image recognition Computer vision tasks include methods for acquiring, processing, analyzing, and understanding digital images, and extraction of high-dimensional data from the real world in order to produce numerical or symbolic information, e.g. in the form o ...
technology to search for advertisers’ products and services that are of potential interest.


Enterprise mobility

Trustek offers mobility strategy consulting, architecture design, hardware and software procurement and deployment, mobile device and application management, training, maintenance and other ongoing support services to enterprise customers.


Timeline of key events


2005–2011

In October 2005, the company launched its first
mobile security Mobile security, or mobile device security, is the protection of smartphones, tablets, and laptops from threats associated with wireless computing. It has become increasingly important in mobile computing. The Information security, security of pe ...
product NetQin 1.0. In November 2009, The 2009 China
Frost & Sullivan Frost & Sullivan is an American business consulting firm. It offers market research and analysis, growth strategy consulting, and corporate training. It has about 45 offices in the Americas, Africa, Asia and Europe; the principal office is in Sa ...
Award for Mobile Security Market Leadership of the year was presented to NetQin Tech. Co., Ltd. (NetQin) for its leading market share in China mobile security market, continued commitment and excellence in R&D, and outstanding contribution to the industry. In May 2011, The company announced that its initial public offering of 7,750,000 American depositary shares ("ADSs"), each representing five Class A common shares of the company, was priced at $11.50 per ADS, with a total offering size of US$89.125 million, assuming no exercise of the over-allotment option. On May 5, 2011, NQ Mobile started trading on the New York Stock Exchange (NYSE) under the symbol “NQ”. In July 2011, NQ Mobile reached 100 Million registered
users Ancient Egyptian roles * User (ancient Egyptian official), an ancient Egyptian nomarch (governor) of the Eighth Dynasty * Useramen, an ancient Egyptian vizier also called "User" Other uses * User (computing), a person (or software) using an ...
nearly 100% growth since June, 2010 and signed a framework agreement with Telefónica, S.A. (Telefónica) to provide
mobile Internet The mobile web comprises mobile browser-based World Wide Web services accessed from handheld mobile devices, such as smartphones or feature phones, through a mobile or other wireless network. History and development Traditionally, the World ...
services to the subscribers of
Telefónica , S.A. () is a Spanish multinational telecommunications company with registered office and headquarters located in two different places, both in Madrid, Spain. It is one of the largest telephone operators and mobile network providers in the ...
. Under the agreement, NQ Mobile's
mobile internet The mobile web comprises mobile browser-based World Wide Web services accessed from handheld mobile devices, such as smartphones or feature phones, through a mobile or other wireless network. History and development Traditionally, the World ...
services will be integrated in Telefónica's and its subsidiary's
App Store An app store, also called an app marketplace or app catalog, is a type of digital distribution platform for computer software called applications, often in a mobile context. Apps provide a specific set of functions which, by definition, do not i ...
and in
mobile device A mobile device or handheld device is a computer small enough to hold and operate in hand. Mobile devices are typically battery-powered and possess a flat-panel display and one or more built-in input devices, such as a touchscreen or keypad. ...
s distributed by
Telefónica , S.A. () is a Spanish multinational telecommunications company with registered office and headquarters located in two different places, both in Madrid, Spain. It is one of the largest telephone operators and mobile network providers in the ...
and subsidiaries. In September 2011, NQ Mobile and Brightstar Corp. signed a global go-to-market agreement to promote adoption of NQ Mobile
security Security is protection from, or resilience against, potential harm (or other unwanted coercion). Beneficiaries (technically referents) of security may be persons and social groups, objects and institutions, ecosystems, or any other entity or ...
products. The company also opened the NQ Mobile Security Research Center based in Raleigh, N.C. led by Dr. Xuxian Jiang, who was appointed chief scientist.


2012–2015

In January 2012, NetQin launched its new "NQ Mobile" brand, under which it now conducts all of its international business, and announced plans to change the company's corporate name from NetQin Mobile Inc. to NQ Mobile Inc. The company also signed an agreement to pre-install NQ Mobile Security on
Motorola Motorola, Inc. () was an American multinational telecommunications company based in Schaumburg, Illinois. It was founded by brothers Paul and Joseph Galvin in 1928 and had been named Motorola since 1947. Many of Motorola's products had been ...
Android smartphones in China and released a new version of its antivirus software, Mobile Security V6.0 for Android. In February 2012, NQ Mobile integrated the BlueVia payment API from
Telefónica , S.A. () is a Spanish multinational telecommunications company with registered office and headquarters located in two different places, both in Madrid, Spain. It is one of the largest telephone operators and mobile network providers in the ...
, providing a mobile payment option to Telefónica's subscribers. In April 2012, NQ Mobile announced that The Cellular Connection (TCC) will offer NQ Mobile Security at more than 800 Verizon Wireless Premium Retail locations across the U.S. Rollout of this program will begin with availability at TCC's nearly 300 corporate stores. In May 2012, NQ Mobile visited the NYSE to celebrate the company's 1-year anniversary of listing on the NYSE. In honor of the occasion, Omar Khan and Yu Lin, CO-CEOs of NQ Mobile, rang The Closing Bell. The company also acquired 55% of Beijing NationSky Network Technology, Inc. ("NationSky"), a provider of mobile services to enterprises in China and signed a collaboration agreement with A Wireless to offer NQ Mobile Guard in more than 125 Verizon Wireless Premium Retail locations in the US. In August 2012, NQ Mobile and MediaTek Inc. reached an agreement regarding NQ Mobile's acquisition of approximately one-third interest in Hesine Technologies International Worldwide Inc. ("Hesine"), a wholly owned subsidiary of
MediaTek MediaTek Inc. (), sometimes informally abbreviated as MTK, is a Taiwanese fabless semiconductor company that designs and manufactures a range of semiconductor products, providing chips for wireless communications, high-definition television, h ...
and a premier mobile messaging provider. NQ Mobile's co-founder, chairman and co-CEO, Henry Lin joined the board of directors of Hesine. The company also announced the launch of NQ Mobile Vault for
iPhone The iPhone is a line of smartphones developed and marketed by Apple that run iOS, the company's own mobile operating system. The first-generation iPhone was announced by then–Apple CEO and co-founder Steve Jobs on January 9, 2007, at ...
. In September 2012, NQ Mobile announced the launch of NQ Family Guardian. In November 2012, acquired Beijing Feiliu Jiutian Technology Co. ("Feiliu") and later rebranded it to FL Mobile. The company also announced that epay Australia, a Division of Euronet Worldwide, Inc. (NASDAQ: EEFT), will offer NQ Mobile Guard in major retail locations across Australia, including
Harvey Norman Harvey Norman is an Australian multinational retailer of furniture, bedding, computers, communications and consumer electrical products. It mainly operates as a franchise, with the main brand and all company-operated stores owned by ASX-lis ...
and
Allphones Allphones was an Australian telecommunications retailer which specialised in offering a wide range of mobile and broadband related services across a range of carriers. The Allphones name is now only used for an online store, which is operated by ...
, UK retailer
Phones 4u Phones 4u was a large independent mobile phone retailer in the United Kingdom. It was part of the 4u Group based in Newcastle-under-Lyme, Staffordshire. Opening in 1996, it expanded to over 600 stores. On 14 September 2014, EE and Vodafone, th ...
will offer NQ Mobile Security at over 600 retail locations across the UK. In December 2012, NQ Mobile announced the launch of a proprietary security check service for HTC's
App Store An app store, also called an app marketplace or app catalog, is a type of digital distribution platform for computer software called applications, often in a mobile context. Apps provide a specific set of functions which, by definition, do not i ...
in mainland China. In July 2013, NQ Mobile agrees to purchase the remaining 45 percent stake in its subsidiary, NationSky. In September 2013, NQ Mobile announced the release of "Music Radar," a content-based music information retrieval (MIR) application from one of its subsidiaries, Yinlong making the app available in China for both Android and iOS platforms. The app was later renamed
Doreso Doreso is an automatic content recognition (ACR) company specialized in music discovery and social TV recognition service for the second screen. Their sound-to-sound music search engine allows users to obtain more detailed information about mu ...
. In October 2013, NQ's stock “fell a shattering 47 percent”, followed by lawsuits. The short-seller research firm Muddy Waters LLC alleged that "at least 72 percent of the company’s revenue in China is fictitious and that its actual market share in China is 1.5 percent instead of 55 percent that it had claimed". An independent investigation conducted by an independent special committee of its
board of directors A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulatio ...
and carried out by its independent counsel
Shearman & Sterling LLP Shearman & Sterling was a White shoe multinational law firm headquartered in New York City, United States. In 2024 it merged with Allen & Overy to form A&O Shearman. History Wall Street origins Shearman & Sterling was founded in New York City in ...
and Deloitte & Touche Financial Advisory Services Limited acting as forensic accountants found the companies disclosures were verifiable. However, in April 2015, the co-CEO of NQ Mobile, Omar Khan, stepped down after the stock had fallen nearly 84 percent.


Reception

NQ Mobile Security and NQ Family Guardian were both selected as top 25 apps at the Mobile Apps Showdown for CES 2013 in December, 2012. NQ Mobile was granted the 2011 Technology Pioneer Award by the
World Economic Forum The World Economic Forum (WEF) is an international non-governmental organization, international advocacy non-governmental organization and think tank, based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German ...
for its technology leadership and innovation in mobile security. “The company’s heavy investment in R&D has resulted in 23 patented and patent-pending technologies, giving the company a leading edge in the burgeoning mobile security market.”
Time Magazine ''Time'' (stylized in all caps as ''TIME'') is an American news magazine based in New York City. It was published weekly for nearly a century. Starting in March 2020, it transitioned to every other week. It was first published in New York Cit ...
named the company one of the “10 Start-Ups That Will Change Your Life” in September, 2010. NQ Mobile Security was selected as a top 20 app at the Global Mobile Internet Conference Silicon Valley (GMIC SV) in October, 2012. In addition, NQ Mobile Vault for Android was selected as a top 100 app.
Deloitte Deloitte is a multinational professional services network based in London, United Kingdom. It is the largest professional services network in the world by revenue and number of employees, and is one of the Big Four accounting firms, along wi ...
Technology Fast 50 (2010)


Reviews and analysis of products

NQ Mobile Security received 4 out of 5 stars when reviewed by PC Advisor. NQ Mobile Vault received 4 out of 5 star, both from CNet and from PC Magazines. Muddy Waters Research accused NQ Mobile of fraud in a 2013 report, alleging inflated revenues and misrepresented operations''.'' In April 2015 an analysis of the NQ Vault product indicated that it only encrypted the first 128 bytes of the data, leaving the rest unencrypted. NQ Mobile responded by saying that the encryption level was "appropriate".


Partnerships

In August 2011, NQ Mobile and
MediaTek MediaTek Inc. (), sometimes informally abbreviated as MTK, is a Taiwanese fabless semiconductor company that designs and manufactures a range of semiconductor products, providing chips for wireless communications, high-definition television, h ...
reached an agreement on
mobile security Mobile security, or mobile device security, is the protection of smartphones, tablets, and laptops from threats associated with wireless computing. It has become increasingly important in mobile computing. The Information security, security of pe ...
cooperation whereby MediaTek will make NQ Mobile's mobile security service available to the MediaTek's smartphone chipset. The company also signed an agreement with
Taiwan Mobile Taiwan Mobile () is a mobile phone operator based in Taiwan. It is the second largest telecom company behind Chunghwa Telecom. History Taiwan Mobile started as part of a strategic divestment from the now defunct Pacific Electric Wire & Cabl ...
to provide mobile
anti-virus Antivirus software (abbreviated to AV software), also known as anti-malware, is a computer program used to prevent, detect, and remove malware. Antivirus software was originally developed to detect and remove computer viruses, hence the name ...
services to Taiwan Mobile subscribers in Taiwan. In June 2012, NQ Mobile announced an alliance with TDMobility, the joint U.S. venture between Brightstar Corp and
Tech Data Corporation Tech Data Corporation was an American multinational distribution company specializing in IT products and services headquartered in Clearwater, Florida. It merged with competitor Synnex to form TD Synnex. Synnex is to be the primary owner (55% ...
. The collaboration will enable TDMobility to bring NQ Enterprise Shield to Tech Data's network of 65,000 Value Added Resellers across the US, serving small, medium, and large businesses. The company also announced the official global launch of NQ Enterprise Shield and scientists from NQ Mobile's Mobile Security Research Center, in collaboration with
North Carolina State University North Carolina State University (NC State, North Carolina State, NC State University, or NCSU) is a public university, public Land-grant university, land-grant research university in Raleigh, North Carolina, United States. Founded in 1887 and p ...
disclosed a new way to detect mobile threats without relying on known
malware Malware (a portmanteau of ''malicious software'')Tahir, R. (2018)A study on malware and malware detection techniques . ''International Journal of Education and Management Engineering'', ''8''(2), 20. is any software intentionally designed to caus ...
samples and their signatures. In October 2012, NQ Mobile announced that its applications, including NQ Mobile Guard, NQ Mobile Vault for Android and NQ Family Guardian, will be offered by GoWireless at more than 350 and Wireless at more than 80 Verizon Wireless Premium Retail locations across the United States.


References

{{Authority control Companies formerly listed on the New York Stock Exchange Mobile security Mobile technology companies Mobile device management Online advertising services and affiliate networks Cloud computing providers Software companies based in Beijing Chinese brands Software companies established in 2005 Chinese companies established in 2005 2011 initial public offerings