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Qiutai Technology (01478) sold 50.176 million mobile phone products in September, down 19.7% year on year
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According to Zhitong Finance App News, Qiu Tai Technology (01478) announced that in September 2026, the sales volume of its main products was as follows: the sales volume of mobile phone products was 50.176 million units, down 1.9% from the previous year, down 19.7% year on year; of these, the number of camera modules sold was 36.338 million, down 4% from the previous year, down 16.7% year on year; the number of biometric modules sold was 13.838 million, up 4% year on month, down 26.8% year on year. The number of automotive products sold was 1.182 million, up 32.7% month-on-month and 29.2% year-on-year. The number of IoT products sold was 2.354 million, down 0.7% from the previous month, and up 4.1% from the previous year.

The year-on-year decline in sales of mobile phone products is mainly due to poor demand in the smartphone market due to rising storage prices.

The sales volume of automotive products achieved steady year-on-year growth, mainly due to the significant increase in the customer project cycle and sales volume of the Group's camera modules and lidar products used in the smart car sector compared to the same period.

The year-on-year increase in IoT product sales is mainly due to the Group's steady increase in sales volume of camera modules used in XR products and handheld video terminals compared to the same period.

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