In the first quarter, the total revenue increased by 19.7% year-on-year to reach 1.669 billion yuan.

date
18:07 29/04/2026
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GMT Eight
Chinese electronics manufacturer HuaXian Optoelectronics (00334) announced that during the three-month period ending on March 31, 2026 (review period), the tight supply and rising prices of storage components have led to intelligent terminal brand manufacturers adopting control and production reduction strategies. In particular, the stocking pace of entry-level models has slowed down, putting pressure on market demand. According to the latest report from market research firm IDC, global smartphone shipments in the first quarter of 2026 decreased by 4.1% year-on-year to 290 million units, ending a streak of ten consecutive quarters of growth.
CH DISPLAY OPT (00334) announced that, as of March 31, 2026, for a period of three months (the review period), the smart terminal brand manufacturers have generally adopted a strategy of controlling orders and reducing production due to tight supply of storage-related components and rising prices, especially slowing down the stocking pace of entry-level models, leading to market demand pressure. According to the latest report from market research firm IDC, global smartphone shipments in the first quarter of 2026 decreased by 4.1% year-on-year to 290 million units, ending ten consecutive quarters of growth. During the review period, the company achieved a total sales volume of 18.6 million units, a year-on-year increase of 61.5%, driving a 19.7% year-on-year increase in total revenue to RMB 1.669 billion. During the review period, the sales volume of mobile module products of the company increased by 15.9% year-on-year to 10.5 million units, with a related revenue increase of 8.1% year-on-year to RMB 478 million; the sales volume of tablet module products increased by 139.4% year-on-year to 4.9 million units, with a related revenue increase of 119.7% year-on-year to RMB 781 million. In order to strengthen customer relationships and increase loyalty, the company implemented a customized strategy. As a result, combined with intensified market competition and changes in product structure, the average selling price of the company's sales products (excluding components and other products) decreased by 4.8% year-on-year to RMB 88.7.