Synaptics Details Growth Vectors at Analyst Day; Shares Remain Undervalued Relative to $77 FVE
On Tuesday, Synaptics held its annual analyst day in which management highlighted the company’s growth strategies and financial projections. We came away from the presentations reassured in the firm’s opportunities in biometrics (fingerprint sensors), touch and display driver integrated, or TDDI, and OLED. Additionally, Synaptics announced a new OLED display driver chip and optical-based fingerprint sensor that we expect will be prevalent in future flagship smartphones. The financial model prese...Synaptics is a developer and supplier of custom-designed human interface semiconductor product solutions that enable people to interact with a variety of mobile computing, communications, entertainment, and other electronic devices. The company targets the markets for smartphones, tablets, personal computer, products, Internet of Things, products and other select electronic devices, including devices in automobiles. The company's family of products includes: ClearPad?, ClearView?, TouchView?, Natural ID?, TouchPad?, SecurePad?, ClickPad?, ForcePad?, AudioSmart?, VideoSmart?, ImagingSmart?, and other product solutions.
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