Some of the names on the move ahead of the open.» Read More
June 10- Touchscreen chipmaker Synaptics Inc said it would buy the sole supplier of display chips for the iPhone for $475 million, potentially winning back Apple Inc as a customer. Synaptics's shares jumped 19 percent in extended trading after the company also raised its revenue forecast for the fourth quarter ending June 30.
June 10- Touchscreen chipmaker Synaptics Inc said it agreed to buy Japanese display chipmaker Renesas SP Drivers Inc for $475 million to expand its product offerings. Synaptics said the deal is expected to close in the fourth quarter and immediately add to adjusted profit.
*Renesas SP Driver is chip supplier for Apple iPhone screens. TOKYO, May 28- Renesas Electronics Corp plans to sell its majority stake in a maker of iPhone display chips to Synaptics Inc, another smartphone chip supplier, according to sources familiar with the matter.
TOKYO, May 27- Renesas Electronics Corp plans to sell its majority stake in a maker of iPhone display chips to Synaptics Inc, another smartphone chip supplier, according to sources familiar with the matter.
April 24- The growing popularity of using fingerprints to unlock mobile phones and other devices is expected to drive growth at Synaptics Inc, which makes the chips enabling the technology popularized by Apple Inc's iPhone 5 S.
April 24- Synaptics Inc reported better-than-expected third-quarter results as demand from mobile phone makers for its touchscreen chips surged, sending its shares up more than 12 percent in after-hours trading.
April 24- Touchscreen chip maker Synaptics Inc's third-quarter revenue rose 25 percent due to a surge in sales to mobile phone makers. Synaptics reported a net loss of $40.1 million, or $1.12 per share for the quarter ended March 31, compared with a net income of $36.4 million, or $1.07 per share, a year earlier.
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SANTA CLARA, Calif.-- Touch-screen maker Synaptics Inc. said Thursday that its fiscal first-quarter net income fell by more than half on weak sales of screens for desktop computers.
*Pacific Crest cuts Synaptics Inc to sector perform from outperform. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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