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General

Synaptics sells Asia-based LCD TDDI ops for USD 120 mln

Friday 20 December 2019 | 09:43 CET | News
Synaptics, a specialist in human interface hardware and software, has sold its Asia-based mobile LCD TDDI operations to Hua Capital for USD 120 million. Synaptics said the disposal will let it invest more in areas where it can deliver more profitable long-term growth for the company, CEO Michael Hurlston said. The company added that it will continue to invest in technologies for the premium segments of the mobile market, and continue to develop TDDI systems for automotive applications.

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Categories: General
Companies: Synaptics
Countries: Asia
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