Wireless News
04-25-2013, 05:00 PM
(Reuters) - Touchscreen chipmaker Synaptics Inc reported a more than three-fold rise in third-quarter profit on increased orders from its mobile products customers. Net income rose to $36.4 million, or $1.07 per share, from $11.4 million, or 33 cents per share, a year earlier. Revenue rose 24 percent to $163.3 million. Synaptics makes touchscreen chips used in smartphones such as Google Inc's Nexus 4, Samsung Electronics Co Ltd's Galaxy Music, HTC Corp's Windows 8X and 8S and Lenovo Group Ltd's A765E. (Reporting by Neha Alawadhi in Bangalore; Editing by Maju Samuel)
More... (http://news.yahoo.com/synaptics-profit-rises-three-fold-204530138--sector.html)
More... (http://news.yahoo.com/synaptics-profit-rises-three-fold-204530138--sector.html)