Weak iPhone demand prompts AMS to suspend dividend, avoid full-year outlook

Weak iPhone demand prompts AMS to suspend dividend, avoid full-year outlook

5 years ago
Anonymous $Dftgs0JzgE

https://www.reuters.com/article/us-ams-results/weak-iphone-demand-prompts-ams-to-suspend-dividend-avoid-full-year-outlook-idUSKCN1PU0I7

AMS, which supplies Apple with sensors for its Face ID technology, disappointed investors with a 58 percent decline in fourth quarter core profit, its guidance and the suspension of a dividend payment for 2018.