On July 28, SUNNY OPTICAL fell 3.07% in regular trading, trading at 56.75 HKD/share, with turnover of 2.24 billion HKD. The decline came amid broad-based selling across the electronic components sector.
The smartphone supply chain continues to face headwinds from rising component costs and weakening demand. Recent industry data shows domestic smartphone shipments declined 2% year-over-year in Q2, with cumulative first-half declines reaching 3%. Storage chip shortages and price surges have forced major Chinese smartphone manufacturers to cut shipment targets, with IDC projecting global smartphone shipments to fall 12.9% year-over-year to 1.1 billion units — the lowest annual figure in over a decade. Android manufacturers have shifted to production cuts to preserve margins as low-end models become unprofitable under elevated storage costs.
Within the Electronic Components sector, stocks declined broadly. Among individual names, KB LAMINATES fell 16.72%, KINGBOARD HLDG fell 12.46%, VGT fell 9.92%, LUXSHARE ICT fell 6.32%, and LENS fell 3.69%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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