Apple's Face ID supplier expects Android orders to grow later this year
The iPhone X's Face ID system
As reported by Reuters, AMS is expecting a higher stream of revenue throughout the current quarter and expects things to improve drastically as it moves into the second half of the year. A large portion of this renewed optimism is down to the “more stabilized” demand for iPhones that is being experienced at the moment and set to continue throughout the rest of the year. However, Apple’s orders aren’t the only cause for celebration.
It’s unclear at the moment if AMS has obtained orders from other smartphone manufacturers for upcoming fall devices, but it seems likely that orders from both Xiaomi and Huawei will have increased considerably. After all, the two companies have been experiencing pretty high levels of growth and are using Time-of-Flight sensors on an increasing number of smartphones.
Regarding how all of this will affect AMS financially, the company expects revenues to grow by up to 7.7% during the current quarter to $420 million. Its operating margin is also set to increase from 6% to 10% by June.
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