Skip to content
Subscriber Only
Technology

Apple Supplier AMS's Outlook Spurs Fears of Weak iPhone X Demand

  • Shares in Austrian-based AMS fall 14 percent in Zurich
  • AMS produces optical sensors for mobile phones, 3-D sensors
Video player cover image

Mizuho's Lamba Sees 'Lackluster Demand' for IPhones

By

Apple Inc. supplier AMS AG shares tumbled after cautioning on negative operating margins, yet another semiconductor company to spark warnings from analysts of shaky demand for the iPhone X.

The poor short-term guidance given by Austrian-based AMS late Monday was heavily impacted by lower iPhone X volumes, Baader Helvea AG analyst Guenther Hollfelder said in a note.