AAC Technologies Holdings Inc

02018: XHKG (HKG)

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Chinese Smartphone Suppliers' Good Fortune May End if Government Support Wanes

Phelix Lee

Feb 14, 2025

Sunny Optical and AAC Technologies expect their 2024 net profits to grow about 140% year on year to CNY 2.7 billion and CNY 1.2 billion at their respective midpoints. Both companies cited recovery in smartphone shipments and higher mix of high-end products as the main drivers.

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AAC Technologies Holdings Inc

Chinese Smartphone Suppliers' Good Fortune May End if Government Support Wanes

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