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ams AG (AMS.S)

AMS.S on Virt-X Level 1

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Thu, Nov 15 2018

UPDATE 3-Apple supplier AMS cuts forecast, indicating poor iPhone demand

* Joins Apple suppliers feeling pressure (Adds Dialog Semiconductor, analysts, background, updates shares)

Apple supplier AMS hit by forecast doubts amid chip slowdown

VIENNA Apple chip supplier AMS AG disappointed investors with its fourth quarter forecast, knocking 25 percent off the value of its shares despite the Austrian firm winning deals with other smartphone makers.

UPDATE 4-Apple supplier AMS hit by forecast doubts amid chip slowdown

* Works on sensors that scan surroundings for major OEM (Adds details on medium-term outlook, CEO quotes, background)

Chipmaker AMS shrugs off second quarter loss with rise in new orders

VIENNA Austrian chipmaker AMS said new orders for its sensors used in face recognition will lift growth in the second half of the year, sending its shares higher and brushing aside a widely expected second-quarter operating loss.

BRIEF-Ams AG Q2 Adj EBIT Was A Loss Of USD 48.6 Mln

* Q2 GROUP REVENUES WERE USD 252.8 MILLION, DOWN 42% SEQUENTIALLY COMPARED TO Q1

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