Q TECH Shares Surge Over 4% in Morning Session on Strong April Camera Module Sales and First-Time LiDAR Data Release

Stock News05-20

Shares of Q TECH (01478) rose more than 4% during morning trading. At the time of writing, the stock was up 3.53% to HK$8.8, with a turnover of HK$25.72 million.

The company previously announced its sales figures for April. Sales of mobile phone camera modules reached 41.898 million units, representing a month-on-month increase of 7.7% and a year-on-year increase of 31.8%. Sales of camera modules for other applications and LiDAR products totaled 2.065 million units, down 1.5% month-on-month but up 42.8% year-on-year. Sales of biometric modules amounted to 16.56 million units, increasing 15.2% month-on-month but decreasing 5.5% year-on-year.

Notably, the LiDAR product category appeared for the first time in the company's monthly sales announcement. Public information indicates that Q TECH's LiDAR products have achieved a full-stack layout from core components to complete systems, focusing on three main application scenarios: automotive, embodied robotics, and drones. The products utilize semi-solid-state MEMS and all-solid-state Flash technical pathways and possess a differentiated advantage in fused perception combining vision and laser technologies.

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