Q Technology (01478) released July 2026 operating data showing mixed shipment trends across its product lines as smartphone demand remained subdued while non-handset applications accelerated.

Camera modules and LiDAR • Total shipments were 38.49 million units, down 7.2% MoM and 3.2% YoY. • Mobile-phone camera modules fell to 35.94 million units (-9.5% MoM; ‑5.0% YoY). – Sub-32 MP modules rose 0.9% MoM and 42.5% YoY to 25.24 million units, partially offsetting weakness in higher-resolution models. – ≥32 MP modules dropped 27.2% MoM and 46.8% YoY to 10.70 million units. • Camera modules and LiDAR for automotive and IoT applications grew 43.0% MoM and 33.4% YoY to 2.55 million units, highlighting continued diversification beyond smartphones.

Biological recognition modules • Total shipments declined 10.3% MoM and 25.52% YoY to 10.74 million units. – Capacitive modules: 4.40 million units (-15.0% MoM; +11.4% YoY). – Under-glass modules: 3.38 million units (-14.8% MoM; ‑60.5% YoY). – Ultrasonic modules: 2.96 million units (+4.8% MoM; +55.2% YoY).

Year-to-date (Jan–Jul 2026) • Mobile-phone camera modules: 275.19 million units. • Camera modules and LiDAR for other fields: 14.87 million units. • Biological recognition modules: 97.68 million units.

Q Tech India (joint venture) • Camera modules: 11.04 million units (+9.5% MoM; +211.8% YoY). • Biological recognition modules: 1.70 million units (+33.1% MoM; ‑36.6% YoY).

Management attributed shipment declines in core smartphone components to project cycle timing and rising memory prices, while automotive and IoT demand continued to expand. All figures are unaudited and represent shipment volumes rather than revenue or profit. Shareholders are advised to exercise caution in interpreting the data.