Immersion, Logitech higher after report points to Apple haptics efforts


Haptic IP developer Immersion (IMMR +2.7%) is trading higher after a Bloomberg report indicated Apple is thinking of integrating "sensors that can distinguish heavy or light touches on the screen" in iPhones launching after 2014. So is accessory/peripherals vendor Logitech (LOGI +2.3%), which has released plenty of game controllers and mice supporting haptic feedback over the years, is also rallying.

Logitech is getting set to launch an iPhone game controller. Immersion struck a license deal with Samsung in March covering the use of basic haptic effects, and one in September with Xiaomi that covers advanced features such as custom haptic effects for various apps.

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