HK Stock Market Move | The entire mobile phone industry chain is going downhill, and the mobile phone industry will face a wave of large-scale price increases. The annual shipment volume may decrease by double digits.

The entire mobile phone industry chain is declining. As of press time, FIH (02038) fell by 6.36% to HK$20.6; COWELL (01415) fell by 6.31% to HK$25.24; Q TECH (01478) fell by 5.8% to HK$8.12; Lens Technology (06613) fell by 5.13% to HK$24.04. On the news front, according to Securities Times, several top mobile phone brands are planning to start a new round of product price adjustments in early March. This will be the largest and most significant collective price adjustment in the mobile phone industry in nearly five years. Market research firm Counterpoint Research predicts that after March, the average price of new smartphones in the Chinese market will increase by 15% to 25% compared to models in the same price range in 2025. Industry research firm IDC warns in its latest report that the global smartphone market in 2026 will face an "unprecedented crisis" due to memory shortages. IDC has significantly lowered its forecast for smartphone shipments in 2026 to approximately 1.1 billion, far below the 1.26 billion units shipped last year. This means that the smartphone market may experience a record 13% year-on-year decline this year.