Q Technology (Group) Co (HK:1478) has released an update.
Q Technology (Group) Co reported mixed sales results for June 2024, with a significant month-on-month decrease in camera module sales due to customer project cycles but a strong year-on-year increase, reflecting a robust demand in the smartphone market and growth in their mid-to-high-end and automotive camera products. Conversely, fingerprint recognition modules saw a notable increase both month-on-month and year-on-year, attributed to increased market demand and the company’s growing market share. Shareholders and investors are advised to exercise caution, as the sales figures are provisional and unaudited.
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