Analyst Believes Home Button on Next iPhone Will Feature Convex Fingerprint Sensor

Loading...
Loading...
Traders in Apple
AAPL
are passing around a weekend note out of KGI Securities in Thailand. Several traders have suggested the note may be moving shares of Synaptics
SNYA
Monday morning. The stock is up more than 2 percent at last check. The firm's Mingchi Kuo suggested a new convex home button on the next iPhone could leave room for a fingerprint sensor to be installed. He believes this new feature could be a notable selling point for the next iteration of the top-selling smartphone. The analyst suggested the fingerprint sensor would allow users an extremely secure way to access the cloud and make mobile payments. In addition to Synaptics, Taiwan Semi
TSM
could also be a supplier for this fingerprint technology. Shares of Rubicon
RBCN
also seem to be moving Monday morning as the company has been mentioned as a possible supplier for the sapphire which will make up the actual new home-screen button.Rubicon shares are up 1.4 percent at last check.
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorNewsRumorsAnalyst Ratings
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...