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The massive Consumer Electronics Show, officially called International CES, opens next Tuesday in Las Vegas and it could give Synaptics (SYNA) a boost, Cowen and Co. said Tuesday. The maker of touch-interface technology for mobile devices and PCs is among the companies that could get “a CES bounce on design win news,” Cowen analyst Robert Stone said in a research note. Companies announcing the use of Synaptics components would validate the trend toward smart displays and the ramp of area fingerprint sensors for smartphones and other devices, he said. Synaptics is poised to benefit from greater use of touch display driver integration (TDDI) with in-cell screens, which could cut the cost of touch displays by 50%, he said. TDDI screens are expected to be in 70 million devices in 2015, 140 million in 2016 and reaching 470 million units in 2018. That represents a compound annual growth rate of 88%,… Scalper1 News
Scalper1 News