On July 17, AAC Technologies fell 5.02% in regular trading, trading at 39.36 HKD/share, with turnover of approximately 77.38 million HKD. The decline comes amid persistent pressure on the handset supply chain following data showing global smartphone shipments in Q2 plunged 11% year-over-year to the lowest second-quarter level since 2013.

According to Counterpoint Research and IDC, the downturn is driven by soaring DRAM and NAND prices as storage suppliers prioritize AI data center capacity over consumer electronics. Memory costs have surged nearly 300% year-over-year, forcing OEMs to raise device prices and suppressing demand particularly in entry-level and mid-range segments. IDC projects full-year global smartphone shipments will decline 12.9% to 1.1 billion units, marking the lowest annual figure in over a decade. Chinese manufacturers including Xiaomi, OPPO, and vivo recorded double-digit shipment declines in Q2, though Apple and Samsung bucked the trend with positive growth.

Within the Electronic Manufacturing Services sector, performance diverged notably. BYD Electronic rose 4.77%, while FIH fell 2.85%, Karrie International fell 4.9%, Ju Teng International fell 5.16%, and Bitfire Group fell 8.13%.

(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.)