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The latest announcement is out from China Display Optoelectronics Technology Holdings Ltd ( (HK:0334) ).
China Display Optoelectronics reported robust growth for the first quarter ended 31 March 2026, despite a softening global smartphone market caused by memory component shortages and higher prices. Total sales volume climbed 61.5% year-on-year to 18.6 million units, driving a 19.7% rise in revenue to RMB1,669.0 million, even as global smartphone shipments fell 4.1% in the same period.
Mobile phone module sales increased 15.9% to 10.5 million units with revenue up 8.1% to RMB478.0 million, while tablet module sales surged 139.4% to 4.9 million units, lifting revenue by 119.7% to RMB780.6 million. Commercial display products delivered the fastest unit growth, and the Group’s move to a more customised product strategy and a changing product mix, amid intense competition, pushed the average selling price of its products down 4.8% to RMB88.7 per unit, as it refines reporting to focus on core manufactured products.
More about China Display Optoelectronics Technology Holdings Ltd
China Display Optoelectronics Technology Holdings Limited is a Bermuda-incorporated display manufacturer listed in Hong Kong, focusing on modules for mobile phones, tablets and commercial display products. The Group targets global smart terminal brands, supplying customised display solutions that support entry-level and mid-range devices amid competitive and supply-constrained market conditions.
Average Trading Volume: 2,040,935
Technical Sentiment Signal: Buy
Current Market Cap: HK$796.8M
Learn more about 0334 stock on TipRanks’ Stock Analysis page.