Qiutai Technology (01478) sold 35.941 million mobile phone camera modules in July, down 5.0% year on year

According to Zhitong Finance App News, Qiu Tai Technology (01478) announced that in July 2026, the sales volume of mobile phone camera modules was 35.941 million units, down 9.5% month-on-month and 5.0% year-on-year; total sales volume of camera modules and lidar units was 384.93 million units, down 7.2% month-on-month and 3.2% year-on-year; total sales volume of biometric modules was 10.735 million units, down 10.3% month-on-month and 25.5% year-on-year.

According to the announcement, sales volume of camera modules and lidar products declined month-on-month and year-on-year, mainly due to poor demand in the smartphone market due to the impact of customer project cycles and rising storage prices; while camera modules and lidar products used in vehicles and IoT increased significantly month-on-month and year-on-year.

Sales volume of biometric module products declined month-on-month and year-on-year, mainly due to poor demand due to the impact of customer project cycles and the impact of rising storage prices in the smartphone market.