Synaptics Incorporated (Nasdaq: SYNA) is a leading developer of human interface hardware and software solutions headquartered in San Jose, California. The company engineers products that enable people to interact with connected devices and data across various applications including internet of Things (IoT), personal computers, and mobile devices.
Synaptics' portfolio includes technologies for touch, display, biometrics, voice, audio, and video processing. The company's products are used in a wide range of electronic devices such as smartphones, tablets, laptops, smart home devices, automotive systems, and wearables. Synaptics is particularly known for pioneering innovations like the first computer touchpad and capacitive touch solutions for mobile phones.
In fiscal year 2023, Synaptics reported annual revenue of USD 959.4 million. The company's business is divided into three main segments: IoT (70% of revenue), Personal Computers (16%), and Mobile (14%). Synaptics has been strategically shifting its focus toward the fast-growing IoT market in recent years.
Synaptics employs a fabless manufacturing model, partnering with third-party manufacturers to produce its semiconductor solutions. The company invests heavily in research and development, spending USD 251.9 million on R&D in the first nine months of fiscal 2024. Synaptics holds a strong intellectual property portfolio and frequently introduces new technologies to maintain its competitive edge in human-machine interface solutions.
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