Samsung mobile devices drive bullish forecast at Synaptics

04/25/2013 | Reuters

Synaptics forecasts that it is looking to earn 88 cents to $1 a share on revenue of $190 million to $205 million in its fiscal fourth quarter, largely on the strength of orders for its touch-screen chips going into Samsung Electronics' Galaxy S4 smartphone and Note 8 tablet computer. Analysts are expecting an average of 62 cents a share on revenue of $158.4 million for the quarter, Thomson Reuters I/B/E/S reports.

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