Synaptics Tanks As Touchscreen Firm’s Q1, Outlook Lag

By | October 24, 2014

Scalper1 News

Touchscreen technology provider Synaptics (SYNA) took a dive Friday after the company reported lower-than-expected sales and profit late Thursday for the September quarter. It also forecast December quarter sales below where analysts were targeting. The San Jose, Calif.-based company blamed weak demand from smartphone makers, including big customer Samsung, for the miss. “We have been concerned about Synaptics’ exposure to Samsung and had taken a Scalper1 News

Scalper1 News