HK Stock Market Move | The entire mobile phone industry chain is declining, with many mobile phone manufacturers pausing the procurement of storage chips. The price increase in storage may impact the shipment volume of mobile phones.

The entire mobile phone industry chain is on the decline. As of the time of publication, Q TECH (01478) fell by 7.12% to 9.91 Hong Kong dollars; COWELL (01415) fell by 4.8% to 27.36 Hong Kong dollars; FIT HON TENG (06088) fell by 4.64% to 4.93 Hong Kong dollars; BYD ELECTRONIC (00285) fell by 3.24% to 32.9 Hong Kong dollars. In terms of news, since the second half of 2025, the global memory chip industry has experienced a rare general rise in prices. Recently, media reports indicated that several mobile phone manufacturers have postponed their purchases of memory chips for this quarter. Companies like OPPO and vivo have inventory levels below two months, with some manufacturers having DRAM inventory levels below three weeks, and are hesitant to accept the original factory's nearly 50% increase in prices. According to TrendForce's consultation, memory chip prices have entered a strong upward cycle, leading to an increase in overall production costs and forcing terminal prices to rise, thereby affecting the consumer market. The organization has revised its global smartphone and laptop production and shipment forecasts for 2026, from an originally projected annual increase of 0.1% and 1.7% to an annual decrease of 2% and 2.4%, respectively. Furthermore, if the imbalance between memory chip supply and demand worsens, or if the increase in terminal prices exceeds expectations, there is still a risk of further downward revisions to production and shipment forecasts.