These two tech players stand to gain from new 5G smartphones coming onto the market.
News & Analysis: Synaptics
The growing demand for 5G infrastructure and smartphones will be tailwinds for these companies.
A diversified business and a shift to high-margin products should act as catalysts for this chipmaker.
The technology interface specialist is acquiring DisplayLink.
The assets will change hands in a roughly $250 million all-cash deal.
The computing interface specialist gets an upgrade from Wall Street after announcing an acquisition.
Increasing demand for 5G smartphones could be a tailwind for these two chipmakers.
Synaptics' long-term prospects appear to be solid despite some near-term challenges.
The sanctions against Chinese tech giant Huawei were extended for another year, undermining investors' hopes of an improved component flow from American suppliers.
SYNA earnings call for the period ending March 31, 2020.