EANS-Adhoc: ams AG / ams updates business expectations

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Earnings Forecast
10.06.2013

Unterpremstaetten, Austria (10 June 2013) - ams (SIX: AMS), a leading
provider of high performance analog ICs and sensors, updates business
expectations for 2013. ams has concluded from customer information
and recent order intake that certain ramp-ups for designed-in ams
products are now expected to occur late in the second half of 2013
and/or the first months of 2014. As a consequence ams expects a lower
revenue trajectory in the second half of 2013 compared to previous
expectations but continues to expect year-on-year revenue growth for
full year 2013. While ams sees ramp-up activity for new devices in
the second half of 2013, several design-ins for upcoming device
platforms are expected to ramp in 2014 driving ams' market position
in smartphones and tablet PCs.

As certain of these ramp-up schedule changes relate to new
margin-attractive product areas and ams continues to invest into its
capabilities to support new business, ams also expects a negative
impact on 2013 operating result and earnings which are now expected
to remain below 2012 levels.

Untouched by the ramp-up delays mentioned above, ams' project and
design-in pipeline for and beyond 2013 remains very strong with
leading OEMs in the consumer and communications as well as
industrial, medical and automotive markets. ams emphasizes that the
company sees no change in its close relationship and significant
engagements with its major customers, particularly in the attractive
markets for smartphones and tablet PCs.

Given these developments, ams expects 2013 to show characteristics of
a transition year as the company gears up to capitalize on its
existing high value project wins in 2014 and beyond. Over the coming
quarters ams will focus on bringing its pipeline of high performance
analog and sensor solutions to customers' next generation devices.

ams will report second quarter and first half 2013 results including
a business outlook for the third quarter 2013 on 22 July 2013 after
market close at 6 pm CEST.

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About ams

ams develops and manufactures high performance analog semiconductors
that solve its customers' most challenging problems with innovative
solutions. ams' products are aimed at applications which require
extreme precision, accuracy, dynamic range, sensitivity, and
ultra-low power consumption. ams' product range includes sensors,
sensor interfaces, power management ICs and wireless ICs for
customers in the consumer, industrial, medical, mobile communications
and automotive markets.

With headquarters in Austria, ams employs over 1,300 people globally
and serves more than 7,800 customers worldwide. ams is the new name
of austriamicrosystems, following the 2011 acquisition of optical
sensor company TAOS Inc. ams is listed on the SIX Swiss stock
exchange (ticker symbol: AMS). More information about ams can be
found at www.ams.com.

Further inquiry note:
Moritz M. Gmeiner
Director Investor Relations
Tel: +43 3136 500-31211
Fax: +43 3136 500-931211
Email: investor@ams.com

end of announcement euro adhoc
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issuer: ams AG
Tobelbader Strasse 30
A-8141 Unterpremstaetten
phone: +43 3136 500-0
FAX: +43 3136 500-931211
mail: investor@ams.com
WWW: www.ams.com
sector: Technology
ISIN: AT0000920863
indexes:
stockmarkets: official dealing: SIX Swiss Exchange
language: English