Q TECH (HKEX: 01478) shares rose nearly 7% in trading. At the time of writing, the stock was up 6.89% to HK$8.54, with a turnover of HK$17.11 million.

The recent price movement follows the company's latest operational update. For May 2026, sales volume for smartphone camera modules reached 45.138 million units. This represents a month-on-month increase of 7.7% and a significant year-on-year jump of 39.4%.

Combined sales of camera modules and LiDAR products totaled 47.484 million units, rising 8% from the previous month and 40% compared to the same period last year.

However, sales volume for biometric modules came in at 13.805 million units, declining 16.6% month-on-month and 9.4% year-on-year.

According to the company's announcement, the strong growth in smartphone camera module sales was primarily driven by an increase in its share of business with several key core clients, including overseas customers.

Simultaneously, sales of camera modules and LiDAR for other applications continued to show positive trends. This was mainly due to substantial year-on-year growth in sales volumes for modules used in the Internet of Things (IoT) and smart automotive sectors.