EANS-Adhoc

ams AG / ams reports first quarter results in guidance range reflecting customer volume effects, revenues up 147% year-on-year; expected second quarter revenues strongly impacted by - Seite 3

sensing, ams' broad solution expertise is of particular value as ams builds a
leading position in this market. ams also works on extensive product development
in further areas of optical sensing, including spectral sensing, and other
multi-sensor solutions for consumer applications which enable new growth
opportunities in the next years. ams' other consumer product lines including
audio solutions saw continued attractive run rates at a range of device vendors
and contributed positively to the company's first quarter.

ams' industrial, medical, and automotive businesses had a good start into the
year in the first quarter, performing in line with to slightly ahead of
expectations. In industrial markets, the overall demand situation remains
attractive across product lines for automation, building control, HABA and
emerging industrial IoT. ams' strong position in industrial sensing is built
around innovation and the ability to support challenging applications for major
OEMs and their customers. In imaging, ams recently received an important
industry award for a new highly innovative industrial imaging solution. ams'
medical business recorded attractive results as ams extends its medical imaging
portfolio for computed tomography (CT), digital X-ray, and mammography and
advances miniature camera technology. ams' automotive business also continued to
perform well with its broad range of solutions for safety, driver assistance,
position, and chassis control. ams is encouraged by the early large program win
for VCSEL illumination in automotive 3D LIDAR which has increased further in
projected life-time program value. This success confirms the key relevance of
solid state LIDAR technology for autonomous driving. ams' unmatched ability to
combine very high power VCSELs and advanced driver circuits into highly
differentiated illumination solutions creates significant competitive advantages
in this long-term market as market interest continues to grow. In addition, ams
is seeing increasing traction for innovative in-cabin 3D sensing opportunities.

The investment into ams' internal VCSEL manufacturing capacity in Singapore is
progressing to plan and ams is confident about its ability to support large
scale internal production of differentiated high power VCSELs in 2019.

For the second quarter 2018, ams expects a significant short-term impact in its
consumer business from strongly accelerated customer-driven product transitions
related to large smartphone programs. ams' non-consumer businesses are expected