iPhone Supplier AMS Shares Surge

  • AMS produces optical sensors, 3-D, for mobile phones
  • Apple is the largest company within AMS’s supply chain

Why Apple Shares Are Up Despite iPhone X Shipment Issues

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Austrian-based Apple supplier AMS AG flagged a steep increase in demand for its optical sensors, causing shares to jump.

AMS produces optical sensors for mobile phones, which manage color, brightness, and whether the handset is being held against the ear, and has recently expanded into 3-D sensors.