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Synaptics (SYNA) & WNC Team Up for Smart Display Platform

·4 min read

Synaptics Inc. SYNA announced the availability of artificial intelligence-enabled WNC’s Smart Display platform, which is powered by its processor and development framework.

WNC’s Smart Display is powered by Synaptics’ VS600 series processor and the Synaptics Neural Network Acceleration and Processing (SyNAP) development framework. It is a liquid-crystal display (LCD) platform that will feature biometrics by using face and voice identification, interactive gaming, wireless connectivity and augmented reality. The smart display platform is an Amazon Alexa-compatible device with customized voice assistants ensuring optimal voice interaction and control.

Leveraging Synaptics VS600 series’ camera image signal processor, multimedia processing, display, security, and AI capabilities, the Smart Display solution is expected to transform the way viewers interact with screens. It will address various market segments like operator assistants, monitors, video conferencing devices, security panels and kitchen appliances.

Synaptics Incorporated Price and Consensus

 

Synaptics Incorporated Price and Consensus
Synaptics Incorporated Price and Consensus

Synaptics Incorporated price-consensus-chart | Synaptics Incorporated Quote

Synaptics VS600 Series & SyNAP

The VS600 series is a family of high-performance multimedia System-on-Chip (SoC) solutions that combines a central processing unit (CPU), neural processing unit (NPU) and Graphics processing unit (GPU) into a single software-enriched SoC. Synaptics VS600 family is designed specifically with human perceptive intelligence for a new generation of smart displays, smart cameras, video soundbars, set-top-boxes, voice-enabled devices and emerging computer vision Internet of things (IoT) products.

SyNAP is a full-stack solution and AI-enabled framework that enables efficient “on-device” execution of deep-learning models for advanced features such as user identification and behavioral prediction through video, vision and voice. It allows smart devices to perform ambient computing for intuitive interaction with end-users, ensuring high levels of privacy and security.

Synaptics continues to expand its footprint in various smart devices bringing converged video, vision, audio and voice technologies along with AI and wireless connectivity capabilities. Investments in far-field voice technology and intellectual property portfolio gains for video, vision, audio and security with a focus on enabling high performance, low power, and highly secure SoC solutions position the company for growth within the fast-paced market of consumer IoT devices.

In fiscal 2022, Synaptics’ revenues from the IoT product application market segment came in at $1.10 billion. The figure represented 63.3% of the human interface solution provider’s net fiscal top line.

However, macroeconomic woes due to rising inflation and component prices along with ongoing geopolitical issues such as the Russia-Ukraine war and US-China trade war might impact Synaptics’ near-term performance. Moreover, continued supply-chain disruptions and logistics delays are anticipated to hurt its near-term prospects.

Zacks Rank & Stocks to Consider

Synaptics currently has a Zacks Rank #4 (Sell). Shares of SYNA have plunged 33% in the past year.

Some better-ranked stocks from the broader Computer and Technology sector are Clearfield CLFD, Silicon Laboratories SLAB and Taiwan Semiconductor TSM. While Clearfield and Silicon Laboratories flaunt a Zacks Rank #1 (Strong Buy), Taiwan Semiconductor carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Clearfield's fourth-quarter fiscal 2022 earnings has been revised 10 cents north to 80 cents per share over the past 60 days. For fiscal 2022, earnings estimates have moved 36 cents north to $3.13 per share in the past 60 days.

Clearfield’s earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 33.9%. Shares of CLFD have increased 124.8% in the past year.

The Zacks Consensus Estimate for Silicon Laboratories’ third-quarter 2022 earnings has increased 36% to $1.13 per share over the past 60 days. For 2022, earnings estimates have moved 20.5% up to $4.41 per share in the past 60 days.

Silicon Laboratories’ earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 63.6%. Shares of SLAB have decreased 11% in the past year.

The Zacks Consensus Estimate for Taiwan Semiconductor's third-quarter 2022 earnings has been revised a penny southward to $1.69 per share over the past 30 days. For 2022, earnings estimates have moved 41 cents north to $6.30 per share in the past 60 days.

TSM's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 3.9%. Shares of the company have decreased 34% in the past year.


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