On April 8, Ge Longhui Technology (01478.HK) disclosed sales data for its main products for March 2024. The total sales of camera modules in that month was 37.926 million units, an increase of 32.2% over the previous month; of these, sales of mobile phone camera modules were 368.39 million units, a decrease of 1.7% year on year. The total number of fingerprint recognition modules sold during the month was 8.866 million units, a year-on-year decrease of 4.5%.
The month-on-month increase in sales of camera module products was mainly due to seasonal recovery after the Spring Festival holiday and customer project cycle factors. The number of camera module sales in other fields increased sharply year over year, mainly due to the good development of the Group's business in automotive and Internet of Things (IoT) camera module products.