[Qiutai Technology: Mobile phone product sales in October dropped 37.7% year-on-year] On November 9, Qiutai Technology announced that the sales volume of mobile phone products in October 2026 was 38.845 million units, a year-on-year decrease of 37.7%. Among them, the sales of camera modules were 23.904 million units, a year-on-year decrease of 45.7%; the sales of fingerprint recognition modules were 14.941 million units, a year-on-year decrease of 18.6%. Automotive product sales were 999,000 units, a year-on-year decrease of 24%; IoT product sales were 2.252 million units, a year-on-year increase of 6.4%. The company stated that the year-on-year and month-on-month decline in sales of mobile phone products was mainly affected by the customer project cycle, and the smartphone market was affected by rising storage prices and poor demand; the decline in automotive product sales was mainly affected by the customer project cycle. The year-on-year sales growth of IoT products was mainly driven by the steady growth in sales of camera modules used in XR products and lidar products used in drones and other products compared with the same period last year.