BRIEF: Sunny Optical’s profit surges on smartphone recovery
Optical products manufacturer Sunny Optical Technology (Group) Co. Ltd. (2382.HK) said on Wednesday it expects to report a profit of between 2.63 billion yuan ($360 million) and 2.74 billion yuan…
Q Tech needs better R&D focus to go eye-to-eye with sharper optic rival
The camera module maker recorded solid growth in the first half of 2024 on a rebounding smartphone market, but still lags Sunny Optical in terms of product development Key Takeaways:…
Sunny Optical’s profit surprise overshadowed by competition concerns
An upside profit alert from the lens supplier to Apple failed to excite investors, who may fear a growing challenge from a Taiwanese rival Key Takeaways: Sunny Optical said it…
FAST NEWS: Sunny Optical boosts investment in Ant Consumer Finance
The latest: Smartphone camera lens producer Sunny Optical Technology (Group) Co. Ltd. (2382.HK) announced Thursday that it will boost its investment in Chongqing Ant Consumer Finance Co. Ltd. by 270 million yuan…
FAST NEWS: Shares of Sunny Optical plunge as profit forecast falls 70%
The latest: Smartphone camera lens producer Sunny Optical Technology (Group) Co. Ltd. (2382.HK) said Wednesday its net profit for the first half of 2023 will be between 407 million yuan ($56.3 million)…
FAST NEWS: Sunny Optical profits from strong vehicle lens demand
The latest: Smartphone camera lens producer Sunny Optical Technology (Group) Co. Ltd. (2382.HK) reported last Friday that shipments of its handset lenses rose 4.3% year-on-year to 94.47 million units in May, while its…
FAST NEWS: Weak smartphone demand hits Sunny Optical
The latest: Smartphone camera producer Sunny Optical Technology (Group) Co. Ltd. (2382.HK) reported on Monday that shipments of its handset lenses plummeted 29.8% year-on-year to 84.33 million units in March,…
Recent Articles
RELATED ARTICLES
-
AAC Technologies scores big turnaround. But is its stock running out of steam?
- ECARX reports its first profit, expects added revenue from Volkswagen tie-up
- BRIEF: iPhone supplier Lens Technology eyes Hong Kong IPO
- Dispute over Covid vaccines casts doubt on Clover Bio recovery
- NEWS WRAP: Lianlian DigiTech’s revenue surges on payment network expansion
- BRIEF: Shanghai Chicmax’s profit surges nearly 70%, growth slows in second half
