The first report comes from SeekingAlpha. It says, “Stifel has hiked its Synaptics (SYNA +4.5%) PT to $67 from $57, and believes the company has won the touch controller slot for Samsung’s Galaxy S5 (expected to launch in mid-March).”
The second report comes from Korean-based news site ETNews. It says, “According to the industry on the 14th, Synaptics, a key touch chip maker, will supply a touch solution with improved hovering detection and passive pen writing function to Samsung Electronics. Synaptics’ solution was installed in Galaxy S4 and Galaxy Note 3 last year.
“The new product to be released this year, according to sources, will provide a powerful hovering function to increase the recognition range so that to prevent the problem of recognition being possible only within a close distance to touch screen. In the existing Galaxy S4 model, the usability of Air Gesture and Air View functions, which are executed with hovering, will be improved.
“The functions of passive pen, a general stylus pen, will also be enhanced. The touch screen panel can recognize a passive pen point measuring 2.5pi. So, more elaborate writing will be possible.”
ETNews also says that Synaptics has lowered the cost of making the tech, which is good news. This means Samsung doesn’t have to drive the price up of its already expensive flagship.
Samsung is expected to officially unveil the Samsung Galaxy S5 in mid-March in New York City.