China's Hua Capital to buy Nasdaq-listed Synaptics unit for $120m

China's Hua Capital to buy Nasdaq-listed Synaptics unit for $120m

China’s semiconductor sector-focused investment firm Hua Capital has signed an agreement to acquire an Asia-based mobile LCD touch and display driver integration (TDDI) business from Nasdaq-listed human interface solutions developer Synaptics for $120 million in cash.