Synaptics, Incorporated Announces New Fingerprint Scanning Tech
On Dec. 12, Synaptics (NASDAQ: SYNA), a company that's bet heavily on building and selling fingerprint scanning technology for use in smartphones, announced that it has gone into mass production on a new in-display fingerprint scanning product known as the Clear ID FS9500 -- a technology that it began sampling earlier this year.
The company says that the technology is being adopted by a "top five OEM" -- in other words, one of the top five smartphone manufacturers. That manufacturer is likely Vivo, which demonstrated a smartphone with an in-display fingerprint scanner earlier this year.
Image source: Synaptics.
Source: Fool.com
Synaptics Inc. Stock
€80.60
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As a result the target price of 107 € shows a positive potential of 32.75% compared to the current price of 80.6 € for Synaptics Inc..
