SYNAPTICS has acquired Renesas SP Drivers, a supplier of panel driver integrated circuits, potentially leading to a new era for the integration of touch and display driver.
The Synaptics acquisition was valued at $470 million, and follows another major deal in the touch IC and driver IC market when FocalTech merged with Orise Tech.
According to TrendForce, these acquisitions could result in a new generation of ICs that combine touch with display driver.
The reduction of IC used would cut costs and also help simplify the electric circuit and development. By integrating touch with display driver ICs, procurement and bill of materials management becomes easier as well.
TrendForce’s says the integration of touch and display drivers will result in easier manufacturability and overall cost reductions, attracting mid- and small-sized panel module suppliers to the market, and thus making such products more cost-effective.