Synaptics hit by weak demand for touchscreen chips for smartphones

By Lehar Maan (This Oct. 23 story has been corrected to change references to IC (interface controller) from fingerprint touch ID. This version has removed background paragraph on touch ID) (Reuters)- Touchscreen chip maker Synaptics Inc reported lower-than-expected first-quarter revenue and profit, hurt by weak demand from smartphone makers, sending its shares down 13 percent in extended trading. ...



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