Synaptics Expands Taiwan Operations to Capture $24B AI IoT Market

Synaptics Expands in Taiwan to Capture Rapid Growth in $24B AI IoT Market

HSINCHU, , (GLOBE NEWSWIRE) -- Incorporated (Nasdaq: SYNA) today announced it has expanded in Hsinchu, now making Taiwan Synaptics' largest employee base worldwide. The expansion underscores the increasingly critical role of in the semiconductor industry and gives headroom to grow both its essential operations and engineering expertise. Among other things, the facilities will house the team that develops AI-enabled Edge devices for the IoT to capture a significant piece of the rapidly growing market across consumer, automotive, enterprise, and industrial applications. "Our investment in reflects our confidence in the region as a vital and strategic location for growth," said , President and CEO of . "Taiwan plays an increasingly pivotal role in the electronics supply chain and has nurtured a strong talent pool to draw upon to ensure our customers and partners are successful." The Hsinchu and offices will be a hub for Synaptics' finance and sales central services, operations engineering and supplier management, wireless product development and support, as well as core PC touch and fingerprint sensor solutions. About (Nasdaq: SYNA) is leading the charge in AI at the Edge, bringing AI closer to end users and transforming how we engage with intelligent connected devices, whether at home, at work, or on the move. As the go-to partner for the world's most forward-thinking product innovators, powers the future with its cutting-edge Synaptics Astra™ AI-Native embedded compute, Veros™ wireless connectivity, and multimodal sensing solutions. We're making the digital experience smarter, faster, more intuitive, secure, and seamless. From touch, display, and biometrics to AI-driven wireless connectivity, video, vision, audio, speech, and security processing, is the force behind the next generation of technology enhancing how we live, work, and play. Follow on LinkedIn, X, and Facebook, or visit www.synaptics.com.

Synaptics Expands in Taiwan to Capture Rapid Growth in $24B AI IoT Market - Synaptics (NASDAQ:SYNA)

HSINCHU, Taiwan, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Synaptics® Incorporated SYNA today announced it has expanded in Hsinchu, now making Taiwan Synaptics' largest employee base worldwide. The expansion underscores the increasingly critical role of Taiwan in the semiconductor industry and gives Synaptics headroom to grow both its essential operations and engineering expertise. Among other things, the facilities will house the team that develops AI-enabled Edge devices for the IoT to capture a significant piece of the rapidly growing $24B market across consumer, automotive, enterprise, and industrial applications. "Our investment in Taiwan reflects our confidence in the region as a vital and strategic location for growth," said Michael Hurlston, President and CEO of Synaptics. "Taiwan plays an increasingly pivotal role in the electronics supply chain and has nurtured a strong talent pool to draw upon to ensure our customers and partners are successful." The Hsinchu and Taipei offices will be a hub for Synaptics' finance and sales central services, operations engineering and supplier management, wireless product development and support, as well as core PC touch and fingerprint sensor solutions. About Synaptics Incorporated Synaptics SYNA is leading the charge in AI at the Edge, bringing AI closer to end users and transforming how we engage with intelligent connected devices, whether at home, at work, or on the move. As the go-to partner for the world's most forward-thinking product innovators, Synaptics powers the future with its cutting-edge Synaptics Astra™ AI-Native embedded compute, Veros™ wireless connectivity, and multimodal sensing solutions. We're making the digital experience smarter, faster, more intuitive, secure, and seamless. From touch, display, and biometrics to AI-driven wireless connectivity, video, vision, audio, speech, and security processing, Synaptics is the force behind the next generation of technology enhancing how we live, work, and play. Follow Synaptics on LinkedIn, X, and Facebook, or visit www.synaptics.com. Synaptics and the Synaptics logo are trademarks of Synaptics in the United States and/or other countries. All other marks are the property of their respective owners. Media Contact Synaptics Incorporated Patrick Mannion Director of External PR and Technical Communications +1 631-678-1015 patrick.mannion@synaptics.com Market News and Data brought to you by Benzinga APIs