<SEC-DOCUMENT>0001193125-18-094313.txt : 20180503
<SEC-HEADER>0001193125-18-094313.hdr.sgml : 20180503
<ACCEPTANCE-DATETIME>20180323165302
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001193125-18-094313
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20180323

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SYNAPTICS Inc
		CENTRAL INDEX KEY:			0000817720
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				770118518
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0627

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		1251 MCKAY DRIVE
		CITY:			SAN JOSE
		STATE:			CA
		ZIP:			95131-3326
		BUSINESS PHONE:		408-904-1100

	MAIL ADDRESS:	
		STREET 1:		1251 MCKAY DRIVE
		CITY:			SAN JOSE
		STATE:			CA
		ZIP:			95131-3326

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SYNAPTICS INC
		DATE OF NAME CHANGE:	20010216
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<HTML><HEAD>
<TITLE>CORRESP</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g555711g12u71.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">March&nbsp;23, 2018 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>VIA EDGAR </U></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Cecilia Blye </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Chief, Office of Global Security Risk </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">United States Securities
and Exchange Commission </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Division of Corporate Finance </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Mail
Stop 4628 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B>Re:</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Synaptics Incorporated</B> </TD></TR></TABLE> <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the
Fiscal Year Ended June&nbsp;24, 2017 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>Filed August&nbsp;18, 2017 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>File <FONT STYLE="white-space:nowrap">No.&nbsp;000-49602</FONT> </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Dear Ms.&nbsp;Blye: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Synaptics Incorporated (the
&#147;<U>Company</U>&#148;) provides the following information in response to the comments contained in the correspondence of the staff (the &#147;<U>Staff</U>&#148;) of the U.S. Securities and Exchange Commission (the
&#147;<U>Commission</U>&#148;), dated March&nbsp;19, 2018, relating to the aforementioned Form <FONT STYLE="white-space:nowrap">10-K.</FONT> For reference purposes, the text of your letter dated March&nbsp;19, 2018, has been reproduced herein (in
bold), with the Company&#146;s response below each numbered comment. Unless the context otherwise requires, references to &#147;Synaptics,&#148; &#147;our,&#148; &#147;us,&#148; or &#147;we&#148; mean Synaptics Incorporated on a consolidated basis
with its wholly owned subsidiaries. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>General </U></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B>1.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>You state on page 11 of the <FONT STYLE="white-space:nowrap">10-K</FONT> that Samsung accounted for 21% of your net revenue in fiscal year 2016 and that your leading OEM customers in fiscal year 2016 included Huawei.
Press releases from 2016 on your website announced that your touch and display driver integration technology was selected for Samsung&#146;s On5 and On7 smartphones and Huawei&#146;s Mate 9 smartphone. We are aware of publicly available information
indicating that Samsung&#146;s On7 and On9 and Huawei&#146;s Mate 9 smartphones are available for sale in both Sudan and Syria. </B></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B>Sudan and Syria are designated by the Department of State as state sponsors of terrorism, and are subject to U.S. economic sanctions and/or
export controls. Please describe to us the nature and extent of any past, current, and anticipated contacts with Sudan and Syria since your letter to us dated February&nbsp;6, 2015, whether through subsidiaries, distributors, resellers, customers or
other direct or indirect arrangements. </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><U>Response</U>: We acknowledge the Staff&#146;s comments and advise that the Company has not
provided during the period since February&nbsp;6, 2015, and does not currently provide, and has no future plans to provide, any services, products, information or technologies to Sudan or Syria, their governments, or entities they control. Moreover,
the Company has not entered into any agreements or arrangements with Sudan or Syria and has no future plans to enter into any such agreements or arrangements. Furthermore, the Company does not maintain any offices or other facilities in Sudan or
Syria, has no employees in either of those countries, and has no assets or liabilities associated with activities in either of those countries. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>Synaptics Incorporated &#9679; 1251 McKay &#9679; San Jose, CA 95131 USA </U></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Ph: 408.904.1100 &#9679; Fax: 408. 904.1110 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">www.synaptics.com </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">The Company has no knowledge of or any basis to believe that the Company&#146;s products were, or
will in the future be, incorporated into Samsung or Huawei products sold, either directly or indirectly, in Sudan or Syria. Neither Samsung nor Huawei have provided the Company with information sufficient for the Company to reasonably determine
sales of Samsung or Huawei products on a geographic basis. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">We have an export control team that handles all export control matters for the
Company and implements procedures to assist our employees in complying with economic sanctions laws and export controls administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury and the U.S. Commerce
Department&#146;s Bureau of Industry and Security. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">We have several internal checkpoints to monitor direct sales of our products to ensure
that such products are not sent to countries which have been embargoed, sanctioned or to which shipments and sales are otherwise prohibited by the United States government. Our sales, sales operations and export control teams monitor sales orders to
ensure that they do not originate in or are not sent to such countries. Once our products are sent to our contract manufacturers, the contract manufacturers, prior to shipping to our freight forwarders, also verify that the shipment complies with
export control laws. Our freight forwarders complete the final check for export compliance, checking the shipment of our products against a list of embargoed countries and verifying that the shipment complies with export control laws. At all
checkpoints, if there is an issue with the shipment relating to export control, our export control team will be notified for appropriate remedial action. Our export control team also periodically audits our shipment logs to ensure our compliance
with export control laws. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">In addition, we have taken steps to ensure that our products are not sold, directly or indirectly, to any
customers in Sudan or Syria through provisions set forth in our agreements with all of our customers. With many of our customers, we have sales agreements that include a clause expressly requiring the customer to comply with export laws. For other
customers, including Huawei, we sell our products on a purchase order basis, where each order is accepted pursuant to our order acknowledgement, which again, specifically states that the customer must comply with all laws, including export and
import laws. We do business with Samsung on a purchase order basis as well, but the legal compliance requirement is included in our quotes rather than our order acknowledgments. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Furthermore, the Company has a Code of Conduct which applies to all Company employees wherever they are located or doing business, and which
sets forth the Company&#146;s policy that all employees must respect and obey all laws, rules, and regulations applicable to the business and operations of the Company, which include economic sanctions laws and regulations. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B>2.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>We are aware of news articles stating that Huawei is effectively barred from selling telecommunications network equipment in the U.S. and that the Department of Commerce is investigating Huawei for its alleged export
or <FONT STYLE="white-space:nowrap">re-export</FONT> of U.S. technology to Iran, Sudan and Syria in violation of U.S. export control laws. Please address for us the possibility that this information will have adverse reputational and other effects
upon you because of your business relationship with Huawei. </B></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><U>Response</U>: We acknowledge the Staff&#146;s comment
and note that we only provide solutions to endpoint devices such as phones, notebooks, and tablets.&nbsp;We do not participate in the market for </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">
network infrastructure and are currently unaware of any restrictions on the sale of endpoint devices by Huawei in the U.S. at this time. Additionally, the Company is not aware of any concerns
from investors, customers or suppliers regarding its lawful business transactions with Huawei, and accordingly does not currently anticipate any material adverse impact on its reputation or other material effects on the Company from doing business
with Huawei.&nbsp;&nbsp;&nbsp;&nbsp;As discussed in the Company&#146;s response to Comment 1 above, we take our export compliance obligations very seriously and regularly monitor developments that would impact our business. Should we become aware
that any such investigation or restrictions are broadened in the future, such that it may preclude the sale of our products for endpoint devices to Huawei in a manner that may have material adverse financial consequences on the Company, we will
evaluate such risks in preparation of future disclosures. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If you have any questions regarding our responses, please feel free to contact
me by telephone at (408) <FONT STYLE="white-space:nowrap">904-2741</FONT> or by facsimile at (408) <FONT STYLE="white-space:nowrap">904-2742.</FONT> </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">Very truly yours,</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"><B></B>Synaptics Incorporated</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ John McFarland</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">John McFarland</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Senior Vice President, General Counsel, and Secretary</TD></TR>
</TABLE></DIV> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">cc:</TD>
<TD ALIGN="left" VALIGN="top">Amanda Ravitz, SEC </TD></TR></TABLE> <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Micheal Reagan, Jones Day </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Stuart Ogg, Jones Day </P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g555711g12u71.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g555711g12u71.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_X0 N17AI9@  34T *@    @  E$   0
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MTM/4U=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H # ,!  (1 Q$ /P#]#/\
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MLH^9F1"%/YP_&WXZ^,/VD?B+>>+/'?B'4O$WB"^/SW5Y)N\M>T<2#Y(HQV1
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= =!110 U8$25I BB1OO,!R?J:=110 4444 ?_]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
