Face ID supplier AMS, which makes optical sensor tech used in the iPhone X family of phones, says that it expects ‘a strong second half of this year.’
AMS was one of the companies to give an early clue to lower-than-expected iPhone sales in the holiday quarter, when it lowered its estimates and strongly hinted that iPhone orders were the reason …
As reported in November:
The majority of its income came from Apple.
The bad news continued in February of this year, when the company said that it couldn’t even offer a full-year earnings forecast as the market was too volatile.
Things seem to have improved since then, however. Reuters reports that the company is expecting improved revenue in Q2, and is optimistic about the second half of the year.
However, its upbeat outlook doesn’t relate solely to iPhone sales: AMS said that it expects ‘a growing share of income from Android smartphone makers.’
Chief Executive Alexander Everke said: “We see a more stabilized consumer demand and smartphone demand.”
When asked whether its “major customer” – a reference to Apple – has become more predictable after difficulties surrounding the launch of the latest iPhones last year, Everke said on a conference call: “We feel very comfortable with a view of a strong second half of this year.”
While Face ID itself is unique to Apple, sensors made by AMS can be used in other face-recognition systems.
AMS’s Android customers include Samsung as well as China’s Xiaomi and Huawei, also among the biggest smartphone makers worldwide.
We’ll know more about Apple’s fiscal Q2 sales when the company reports its financials later today, but as it no longer reports unit sales for the iPhone or any other product, there will be some guesswork involved. Analysts expect Apple’s revenue to be down 5-6% year-on-year, but believe that ‘the worst is probably behind us.’
Photo: Shutterstock
