Refile: BUZZ-Q Technology touches 17-month low as mobile products sales volume dips
11/09/2026 04:57
REFILE-BUZZ-Q Technology touches 17-month low as mobile products sales volume dips Corrects to remove extraneous words in first bullet
** Shares of Q Technology (Group) 1478.HK fall 3.1% to HK$5.4 in the second declining session, hitting their lowest level since April 2025
** Camera and fingerprint recognition modules developer reports 21.3% y/y decline in August mobile product sales volume to 51.15 million units, with camera modules down 14.9% and biological recognition modules down 35.3%
** The decline in mobile products sales volume was due to weak demand in smartphone market, which was impacted by rising memory prices, company says
** YTD, stock down 35%, Hang Seng TECH Index .HSTECH down 22.1%
(Reporting by Donny Kwok)
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