This Apple supplier upbeat as Android camp grows

Austria’s AMS gave an upbeat outlook buoyed by a rising number of Android smartphone makers using its 3D optical sensors and sending shares in the chipmaker 20 percent higher on Tuesday.
“For the second quarter 2019, AMS expects a positive development of its business as the consumer market environment appears to have stabilised and smartphone demand is expected to show lower seasonal impacts,” AMS said.
South Korean semiconductor maker Samsung, a sector bellwether, also expects a pick-up in memory chip and smartphone sales.
These follow rather cautious updates from chipmakers including Intel, Texas Instruments, and Infineon.