Continuing its successful transition to the mobile computing market, Synaptics (NASDAQ:SYNA) announced today that it will supply its ClearPad 7300 touchscreen solution for Amazon.com'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.
Fool contributor Tim Brugger has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Amazon.com. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.