Rumor: Synaptics weakness attributed to competitor comments

theflyonthewall.com

We are told shares of Synaptics (SYNA) are moving lower following comments by Cypress Semiconductor (CY) that said the company has received qualification into the Samsung "S" phones for the touch controller, which would imply reduced shares for Synaptics. We have not confirmed the comments by Cypress but wil follow-up with any incremental information.

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