AMS makes Q2 loss on reduced Apple orders.

AMS had a Q2 operating loss of $48.6 million on revenues of $252.8 million after a key customer, believed to be Apple, cut back orders for 3D sensors for iPhones. In Q2 2017, AMS had an operating profit of $1.6 million. AMS blamed a delay in orders which left it with unused capacity. AMS, which ...

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from Electronics Weekly https://www.electronicsweekly.com/news/business/ams-makes-q2-loss-reduced-apple-orders-2018-07/