10:50 AM EST, 11/12/2025 (MT Newswires) -- Synaptics ( SYNA ) said Wednesday it has entered into a partnership with Qualcomm ( QCOM ) to develop advanced touch and fingerprint sensor technology for mobile and computing devices.

The collaboration aims to integrate Synaptics' ( SYNA ) AI-ready sensing systems with Qualcomm's ( QCOM ) biometric and compute systems to support security and usability across smartphones, tablets, wearables, and PCs, the companies said.

The engagement targets the growing OLED display market, projected to expand from about 600 million units in 2025 to more than 800 million by 2030, they added.

Synaptics ( SYNA ) and Qualcomm ( QCOM ) said they plan to simplify integration for device and panel makers in the AI PC and mobile ecosystems.

Synaptics ( SYNA ) shares were up about 2.5%, while Qualcomm's ( QCOM ) stock was up nearly 1.5% in recent trading.