Weak smartphone demand prompts AMS to suspend dividend, avoid mid-term guidance

Weak smartphone demand prompts AMS to suspend dividend, avoid mid-term guidance

5 years ago
Anonymous $Dftgs0JzgE

https://www.reuters.com/article/us-ams-results/weak-smartphone-demand-prompts-ams-to-suspend-dividend-avoid-mid-term-guidance-idUSKCN1PU0I7

Sensor specialist AMS, which supplies Apple with components for its face recognition technology, warned that sales in the first quarter could be more than 20 percent lower than last year as it expects smartphone demand to remain weak.