EANS-Adhoc: ams AG / ams expects lower revenues but better EBIT margin in the fourth quarter 2013, sees gesture recognition solution starting production in the first quarter 2014

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other/Company Information/Trading update
17.12.2013

Unterpremstaetten, Austria (17 December 2013) - ams (SIX: AMS), a
leading provider of high performance sensors and analog ICs, expects
lower revenues but better operating (EBIT) margin in the fourth
quarter 2013 together with positive momentum from new smartphone
sensor applications in the first quarter 2014, compared to previous
expectations.

ams expects a reduction in fourth quarter 2013 revenues by around EUR
5 million compared to previously expected levels while the operating
(EBIT) margin for the fourth quarter 2013 is expected to be up by
more than 200 bps sequentially, above previous expectations. The
change in revenue expectations is due to recent stocking delays in a
consumer customer's supply chain and has been exacerbated by a
customer shifting pre-production for a new consumer platform from the
fourth quarter 2013 into the first quarter 2014.

At the same time, ams expects to secure significant gesture
recognition business for smartphone applications in Asia next year.
Given strong customer interest, ams sees gesture recognition products
already reaching production run rates in the first quarter 2014. As a
consequence of these developments, ams expects to have a positive
start into the year 2014.

ams sees 2014 as a year of considerable growth in revenues and
earnings particularly driven by wireless and smartphone sensor
solutions. The new smartphone solutions mentioned above will provide
an upside to previous management expectations for 2014.

ams will hold a conference call on this fourth quarter 2013 / first
quarter 2014 update today, 17 December 2013, at 9.30 am CET. The
following dial-in numbers are available for the call:

+41 58 310 5000 (Switzerland)
+44 20 3059 5862 (UK)
+43 1 25 302 1402 (Austria)
+49 69 25 511 4445 (Germany)
+33 1 70 91 87 06 (France)
+1 866 291 4166 (USA)

ams will report fourth quarter and full year 2013 results including
an updated outlook for the first quarter 2014 on 4 February 2014 at
7.30 am CET.

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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