Yitoa Intelligent Control Said It Agreed To Buy Production, Supply Chain And Sales Rights Of Touch And Display Driver Integration Products From Synaptics
Portfolio Pulse from Charles Gross
Yitoa Intelligent Control has agreed to acquire the production, supply chain, and sales rights of touch and display driver integration products from Synaptics.
August 04, 2023 | 10:59 am
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NEUTRAL IMPACT
Synaptics is selling its production, supply chain, and sales rights of touch and display driver integration products to Yitoa Intelligent Control.
The sale of these rights could potentially free up resources for Synaptics to focus on other areas of its business. However, it could also mean a loss of revenue from these products. The short-term impact on the stock price is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100