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Synaptics to Provide Touchscreens for New Kindle Fires

Continuing its successful transition to the mobile computing market, Synaptics (NASDAQ: SYNA  ) announced today that it will supply its ClearPad 7300 touchscreen solution for's third-generation 7-inch Kindle Fire HDs, along with the online retail giant's newest tablet, the Kindle Fire HDX, also with a 7-inch screen.

Though Amazon doesn't release Kindle Fire sales data, analysts estimate it will sell 10.5 million units this year, and 11 million in 2014.

"We're excited to partner with Amazon as it introduces its newest line of Kindle Fire devices to the market, using our industry-leading ClearPad touchscreen solutions," said Brian Roberts, Synaptics' senior director of large touchscreen solutions.

Synaptics stock closed at $52.42 today, down 2.47%, but is slightly up in after-hours trading.

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9/28/2016 4:00 PM
SYNA $58.68 Up +0.53 +0.91%
Synaptics CAPS Rating: ****