Apple supplier AMS tumbles 13%, warns of 'subdued' smartphone demand

Apple supplier AMS tumbles 13%, warns of 'subdued' smartphone demand

5 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/02/05/apple-supplier-ams-sees-weak-first-quarter-skips-dividend.html

Shares of Apple supplier AMS tumbled 13 percent on Tuesday after the chipmaker warned about "subdued" smartphone demand.

The Austrian sensor specialist said it expects revenue in the first quarter of 2019 to fall to $350-390 million amid continued weak smartphone demand and first-quarter consumer market seasonality.