Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
share
Email Facebook Twitter Google+ LinkedIn Comments

AMS Withdraws from NY Wafer Facility

Photonics Spectra
Feb 2017
PREMSTAETTEN, Austria — Sensor manufacturer AMS AG has withdrawn from a proposed wafer fabrication facility project with the state of New York amid delays.

”We received a warm welcome from day one from the State of New York, the Utica community, Oneida County and Mohawk Valley EDGE,” said Alexander Everke, CEO of AMS. “The relationship with Mohawk Valley EDGE and Empire State Development was a very positive experience, and we remain open to future opportunities for cooperation. However, this decision was taken after thorough evaluation of the wafer fabrication project and its current status.”

AMS develops sensors, sensor interfaces and power wireless integrated circuits for consumer, communications, industrial, medical and automotive markets.

”We see no impact to our financial targets including our stated profitability expectations, as we have a strong mix of internal and ample external capacity available to implement our strategy,” Everke said.


AMSwafer fabricationNew YorkAmericasBusinessindustrialSensors & Detectorslight speed

Comments
Terms & Conditions Privacy Policy About Us Contact Us
back to top

Facebook Twitter Instagram LinkedIn YouTube RSS
©2017 Photonics Media
x Subscribe to Photonics Spectra magazine - FREE!