1478.HK
Hesai does infrastructure

Camera module maker Q Technology (Group) Co. Ltd. (1478.HK) on Friday reported its shipments of camera modules for mobile phones reached 37.84 million units last month, up 15.9% year-over-year and month-over-month. Its fingerprint recognition module shipments totaled 14.4 million units in July, up 2.6% year-on-year and 3.6% month-on-month.

The company’s cumulative camera module shipments for mobile phones fell 10.8% year-over-year in the first seven months of this year to 220 million units, while fingerprint recognition module shipments surged 48% to 108.7 million units.

Shares of Q Tech opened down 0.2% at HK$12.70 on Friday. The stock has nearly doubled since the beginning of this year.

By Lau Chi Hang

To subscribe to Bamboo Works weekly free newsletter, clickhere

Recent Articles

BYD hits tariff roadblock

BYD hits tariff roadblock after ramping up Mexico sales

The Mexican government’s plans to raise tariffs on Chinese-made cars to 50% could stall BYD’s growth engine in the North American market Key Takeaways: The Chinese car maker supplies nearly…