ams AG (AMS.S)
VIENNA Austrian chipmaker AMS AG has agreed a joint venture for its environmental sensor business with private equity fund Wise Road Capital, effectively offloading the unit as part of its plan to focus on other business segments.
VIENNA AMS AG, which supplies Apple with sensors for its Face ID technology, said it will set up a joint venture with private equity fund Wise Road Capital to develop its environmental, flow and pressure sensors for the Chinese market.
* Says First Wins For Behind-Oled Sensing Solutions, First Shipments Started -Presentation
VIENNA Sensor specialist AMS is teaming up with Chinese software maker Face++ to produce new 3D facial recognition features for smartphones, as the Austrian firm aims to reduce its dependency on Apple and boost its battered shares.
* AMS shares jump as much as 12 percent (Adds details, background, Face++ quote)
VIENNA, Jan 7 Austrian sensor specialist AMS is to team up with Chinese software manufacturer Face++ to produce new 3D facial recognition features for smartphones, boosting its shares more than 10 percent on Monday.
VIENNA Shares in AMS AG lost a fifth of their value on Thursday after a sales warning from major customer Apple brought concerns over the challenges for the Austrian sensor specialist sharply into focus.
VIENNA, Jan 3 Shares in AMS AG lost a fifth of their value on Thursday after a sales warning from major customer Apple brought concerns over the challenges for the Austrian sensor specialist sharply into focus.
* Joins Apple suppliers feeling pressure (Adds Dialog Semiconductor, analysts, background, updates shares)
ZURICH/BERLIN, Nov 7 The Swiss blue-chip SMI was seen opening 0.2 percent higher at 9,007 points, according to premarket indications from bank Julius Baer .