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Q Technology Reports Mixed Sales Performance in December 2024
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Q Technology Reports Mixed Sales Performance in December 2024

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The latest announcement is out from Q Technology (Group) Co ( (HK:1478) ).

Q Technology (Group) Co. reported a decline in the sales volume of its camera modules in December 2024, notably due to the project cycles of its customers, although camera modules for other fields, such as automotive, saw significant growth. Meanwhile, the company experienced a robust increase in sales volumes for its fingerprint recognition modules, driven by mass production of ultrasonic fingerprint recognition products and increased market share, indicating a strategic focus on expanding this segment.

More about Q Technology (Group) Co

Q Technology (Group) Co. is a company involved in the development and production of camera modules and fingerprint recognition modules, primarily serving the mobile phone industry and other fields such as automotive. The company focuses on leveraging its technological capabilities to capture market share in the growing fields of imaging and biometric identification technologies.

YTD Price Performance: -11.88%

Average Trading Volume: 9,208,066

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$6.76B

Find detailed analytics on 1478 stock on TipRanks’ Stock Analysis page.

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