Synaptics Enters New Wireless Deal With Broadcom
Portfolio Pulse from Benzinga Newsdesk
Synaptics has entered a new wireless deal with Broadcom, adding Broadcom's Wi-Fi 7, Bluetooth 6.0, and Bluetooth Enterprise True Wireless Stereo (TWS) IP to accelerate Synaptics' roadmap. This is to meet the growing demand for robust IoT connectivity across diverse applications such as home multimedia, automotive infotainment, security cameras, tablets, and audio headsets.
July 31, 2023 | 8:19 pm
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Broadcom's deal with Synaptics could increase its influence in the IoT market and potentially boost its revenues from licensing its wireless technologies.
The deal allows Broadcom to license its wireless technologies to Synaptics, potentially increasing its revenues. It also expands Broadcom's influence in the IoT market, which could lead to more partnerships and licensing deals in the future.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The deal with Broadcom will accelerate Synaptics' roadmap to meet the growing demand for IoT connectivity, potentially boosting its market position and revenues.
The partnership with Broadcom allows Synaptics to leverage Broadcom's advanced wireless technologies, potentially enhancing its product offerings and competitiveness in the IoT market. This could lead to increased sales and revenues.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80