Synaptics revenue jumps 25 pct on higher mobile chip demand
April 24 (Reuters) - Touchscreen chip maker Synaptics Inc's third-quarter revenue rose 25 percent due to a surge in sales to mobile phone makers.
Synaptics reported a net loss of $40.1 million, or $1.12 per share for the quarter ended March 31, compared with a net income of $36.4 million, or $1.07 per share, a year earlier.
Excluding items, the company earned 63 cents per share.
Revenue climbed to $204.3 million from $163.3 million.
Mobile products sales rose 44 percent to $150.7 million at the company, which counts Samsung Electronics Co Ltd among its top customers. (Reporting By Lehar Maan and Supantha Mukherjee in Bangalore; Editing by Savio D'Souza)
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