diff --git a/package/libmbim/libmbim.hash b/package/libmbim/libmbim.hash
index d487b5156d..8e3ed5a8c4 100644
--- a/package/libmbim/libmbim.hash
+++ b/package/libmbim/libmbim.hash
@@ -1,4 +1,4 @@
 # Locally computed
-sha256  7eca9f5af2eecfdb5e3a2a865a7f29d0ac9532ab187a9c6adce4d85f897eb385  libmbim-1.32.0.tar.gz
+sha256  55bb88df358f8a36b6e01e63877500d7c6420f5907d2d3101812b4912eabe08f  libmbim-1.34.0.tar.gz
 sha256  8177f97513213526df2cf6184d8ff986c675afb514d4e68a404010521b880643  LICENSES/GPL-2.0-or-later.txt
 sha256  dc626520dcd53a22f727af3ee42c770e56c97a64fe3adb063799d8ab032fe551  LICENSES/LGPL-2.1-or-later.txt
diff --git a/package/libmbim/libmbim.mk b/package/libmbim/libmbim.mk
index 190f3547ec..e2ae0d83d0 100644
--- a/package/libmbim/libmbim.mk
+++ b/package/libmbim/libmbim.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-LIBMBIM_VERSION = 1.32.0
+LIBMBIM_VERSION = 1.34.0
 LIBMBIM_SITE = https://gitlab.freedesktop.org/mobile-broadband/libmbim/-/archive/$(LIBMBIM_VERSION)
 LIBMBIM_LICENSE = LGPL-2.1+ (library), GPL-2.0+ (programs)
 LIBMBIM_LICENSE_FILES = \