Synaptics Management May Discuss ‘Forward-Looking Info’ in Fiscal 2018 Update

Synaptics Management May Discuss 'Forward-Looking Info' in Fiscal 2018 UpdateSynaptics will unveil its Q4 and fiscal 2018 results on August 9th, the company has announced. The results will be posted after market close, with a corresponding conference call scheduled for 5:00pm Eastern Time.

In a statement announcing the plan, Synaptics offered little further information on the information to be presented. But the company did note that during the conference call, “management may discuss forward-looking information.”

Some of that information may pertain to recently revealed negotiations between Synaptics and Dialog Semiconductor concerning the latter’s potential acquisition of Synaptics. Dialog Semiconductor is thought to be exploring strategies to become less dependent on Apple, one of its key customers; Synaptics, meanwhile, has enjoyed heightened prominence in the mobile sector this year thanks in part to its provision of fingerprint sensor technology in the world’s first smartphone to feature in-display fingerprint scanning.

Synaptics also made headlines this week with its announcement of a partnership with Baidu on speech-based AI assistant technology, which could help to funnel the company’s DSP technology into more consumer devices, especially in the China market.

July 25, 2018 – by Alex Perala