Cypress (CY) Launches New Automotive TrueTouch Controller
Zacks Investment Research | Jan 10, 2018 09:41PM ET
Cypress Semiconductor Corp. (NASDAQ:CY) has launched a new automotive-qualified capacitive touchscreen controller family for next-generation infotainment systems.
Named CYAT817, the new family of capacitive touchscreen controllers has been especially designed to meet the quality standards in the automotive space.
These controllers will most likely be available in the second quarter of 2018.
Notably, the company has underperformed the industry it belongs to on a 12-month basis. The stock has returned 43.7%, while the Zacks Investment Research
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