Feb 7 AMS's fourth-quarter revenue fell
but came in at the top end of the chipmaker's expectations set
in October, when it warned of a setback with one of its
Analysts had suggested then that the customer involved could
be Samsung Electronics.
AMS, which also supplies components to Apple, said
revenue for the final quarter of 2016 fell 9 percent to 133.6
million euros ($142.95 million), which was at the upper-end of
its 127-134 million euro range of expectations.
Net income fell by more than half to 13.7 million euros.
For the current quarter, it expects revenue of 141-148
million euros and strong revenue growth potential for the year.
($1 = 0.9346 euros)
(Reporting by Anna Serafin; editing by Jason Neely)