It’s not the clearest photo, but it clearly has both 2 thumb sticks and 2 track pads.
On the Steam Controller I use the touchpads for
With all the swiping and clicking I do in combination with the back button usage the touchpad placement led to putting strain on my hands. I don’t feel that discomfort with the joysticks, which feel comfortable in its placement and reachability of all the inputs around it.
And the 180 consistency I have hard time replicating with my natural swipe pattern despite adjusting the rotation in Steam Input, so I have to do corner to corner swipes due to Valve going with a square over a circle. The layout is one where I’m having to force my hand out of what would naturally feel comfortable.