HK Stock Market Move | The mobile phone industry chain is declining across the board, with mobile phone sales in December decreasing by 20% year-on-year. The increase in memory prices may suppress phone shipments.

The entire mobile phone industry chain is down, as of the time of drafting, Q TECH (01478) fell by 5.91% to HK$8.75; BYD ELECTRONIC (00285) fell by 4.13% to HK$32.02; COWELL (01415) fell by 3.76% to HK$29.14. On the news front, in December 2025, China's smartphone sales reached about 21 million units, a year-on-year decrease of about 20%. Huawei, OPPO, Honor, vivo, and Apple ranked in the top five with shares of approximately 20%, 17%, 14%, 14%, and 13% respectively. Goldman Sachs released a research report stating that due to the rise in memory prices, the global smart phone shipment forecast for 2026/27 has been revised down by 6%/5% to 1.2 billion units each year, with a year-on-year change of -6%/+2%.