Citigroup released a report indicating that due to q tech (1478.HK) benefiting from the strong performance of flagship models from vivo, Honor, and Huawei in October, demand in November is stronger than expected, allowing for some elasticity in the shipments of the 32MP+ models in November. It is anticipated that shipments of mobile camera modules (CCM) in December will be driven by the continued launch of flagship models, although this is partially offset by year-end inventory adjustments from its clients. At the same time, it is believed that a better product mix and higher average selling prices will drive growth in shipments of ultrasonic fingerprint modules (FPM). The rating is maintained as "Neutral" with a target price of 4.6 HKD.