Synaptics Incorporated (SYNA) is a company that specialises in the production of hardware and software that enables ease of human interaction with computers. The company was founded in 1986 and is known for making laptop touchpads, biometric fingerprint sensors, and touch sensors on smartphones. SYNA’s business model is premised on contractual arrangements with OEMs in the computer industry. In recent years, the company has lost a substantial number of these contracts. However, its recent entry into the Internet of Things (IoT) segment promises to recoup these losses. This sector had a size of $8.3 billion