October 23, 2018 / 9:09 AM / 25 days ago

BRIEF-Chipmaker AMS confirms mid-term guidance

Oct 23 (Reuters) - AMS AG says:

* will remove resources from environmental sensoring and add to optical

* capex spending supports our sales target for next year, we will stick to it

* we have more android deals in the pipeline

* sees continued growth in auto, medical, industrial businesses

* sees no need to pull further lines

* sees improvements in factory utilisation

* mid-term guidance stands Source text for Eikon: Further company coverage: [ ]

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