Welcome to our dedicated page for Lattice Semiconductor news (Ticker: LSCC), a resource for investors and traders seeking the latest updates and insights on Lattice Semiconductor stock.
Lattice Semiconductor Corp (NASDAQ: LSCC) is a global leader in smart connectivity solutions, providing intellectual property and low-power, small form-factor devices that enable over 8,000 global customers to deliver innovative and differentiated products efficiently. Founded in 1983 and headquartered in Portland, Oregon, Lattice Semiconductor has a broad exposure across various markets, including consumer electronics, industrial equipment, communications infrastructure, and licensing.
The company's core business revolves around the development and distribution of semiconductor technology. They offer a range of products, solutions, and licenses through their core Lattice business segment, which includes silicon-based and silicon-enabling products, evaluation boards, development hardware, and related intellectual property licensing, services, and sales.
Notably, in March 2015, Lattice Semiconductor acquired Silicon Image, a leader in setting industry standards such as HDMI®, DVI™, MHL®, and WirelessHD®. This acquisition has bolstered Lattice's position in the market and added significant value to their portfolio.
Lattice's products are globally recognized, with the majority of sales derived from customers in Asia. The company's innovative solutions cater to a diverse range of applications, helping to drive advancements in consumer electronics, industrial automation, and communication technologies.
With a commitment to providing market-leading solutions, Lattice continues to focus on expanding its product offerings and enhancing its technology to meet the evolving needs of its customers. The company's strategic partnerships and recent projects reflect their dedication to innovation and excellence in the semiconductor industry.
Lattice Semiconductor (NASDAQ: LSCC) has launched the Lattice ORAN™ solution stack, enhancing its low power FPGA-based offerings for the evolving Open Radio Access Network (ORAN) market. This stack features robust security, flexible fronthaul synchronization, and low power hardware acceleration. The ORAN market is projected to reach $22 billion by 2028 with an 85% CAGR. Lattice aims to support 5G deployment by providing a complete turnkey solution, further establishing its position in the growing communications sector.
Lattice Semiconductor (NASDAQ: LSCC) has launched the MachXO5-NX family of FPGAs, enhancing its leadership in control FPGA technology. Built on the Lattice Nexus platform, these devices offer increased logic and memory resources, robust 3.3 V I/O support, and advanced security features. The MachXO5-NX FPGAs are designed for secure system monitoring in markets such as automotive and industrial, boasting class-leading power efficiency and reliability. The devices are currently sampling and supported by the Lattice Radiant 3.1.1 design software.
Lattice Semiconductor (NASDAQ: LSCC) will meet institutional investors at Cowen's 50th Annual Technology, Media, and Telecom Conference on June 1, 2022, at Lotte New York Palace, NYC. Jim Anderson (CEO), Sherri Luther (CFO), and Rick Muscha (Senior Director of Investor Relations) will present Lattice's strategy and recent financial results during a webcast at 9:05 a.m. ET. Lattice is recognized as a leader in low-power programmable solutions for various markets, enhancing innovation across communications, computing, industrial, automotive, and consumer sectors.
Lattice Semiconductor Corporation (NASDAQ: LSCC) will participate in JP Morgan's 50th Annual Global Technology, Media and Communications Conference on May 24, 2022, in Boston. Key executives, including CEO Jim Anderson and CMO Esam Elashmawi, will present the company's strategy and recent financial results. Lattice is recognized as a leader in low power programmable solutions and serves diverse markets such as communications and automotive. This conference offers an opportunity to engage with institutional investors regarding Lattice's growth and innovation efforts.
Lattice Semiconductor (NASDAQ: LSCC) will host a virtual security seminar on June 6, from 4-6 p.m. PDT, focusing on cyber resiliency, firmware protections, and supply chain security. Experts from Lattice and AMI will discuss the current cyberattack landscape and highlight the significance of Platform Firmware Resiliency (PFR) in servers. This seminar is part of a quarterly series that began in 2021, aimed at covering cybersecurity trends across various markets. Advance registration is required to attend the Lattice Security Seminar.
Lattice Semiconductor Corporation (NASDAQ: LSCC) reported a 30% revenue increase in Q1 2022 compared to Q1 2021, reaching $150.5 million. Gross margin also expanded to 66.9% on a GAAP basis and 67.7% on a non-GAAP basis, compared to 61.0% and 61.7%, respectively. Net income improved significantly, with earnings of $0.26 per diluted share (GAAP) and $0.37 (non-GAAP), marking increases of 92% and 72% year-over-year. The company anticipates revenue for Q2 2022 to be between $153 million and $163 million.
Lattice Semiconductor (NASDAQ: LSCC) will showcase its latest technology at the Embedded Vision Summit 2022, held from May 16-19, 2022. The company will demonstrate its FPGA technologies, including the sensAI solution stack, in booth #519. On May 18, a technical presentation titled “Accelerate Tomorrow’s Models with Lattice FPGAs” will discuss efficient AI implementations in smart edge devices. The event takes place at the Santa Clara Convention Center, emphasizing Lattice's role in advancing the integration of computer vision and edge AI in innovative products.
Lattice Semiconductor (NASDAQ: LSCC) will present at the RSA Conference 2022, focusing on Cyber Resiliency Through Firmware Protections and Supply Chain Security. Scheduled for June 9, 2022, from 2:10 to 3 p.m. PDT, Eric Sivertson, Vice President of Security, will discuss NIST's Platform Firmware Resiliency Guidelines and innovations in platform security amid supply chain challenges. The conference will take place at the Moscone Center in San Francisco, CA. Pre-registration is required.
Lattice Semiconductor Corporation (NASDAQ: LSCC) will hold its first quarter 2022 conference call on May 3, 2022, at 5 p.m. Eastern Time. CEO Jim Anderson and CFO Sherri Luther will discuss financial results and the company's business outlook. Interested parties can join via telephone at 1-888-684-5603 or through a live webcast available on their website. Lattice Semiconductor focuses on low power programmable solutions across various markets, including communications, computing, automotive, and more.
Lattice Semiconductor (NASDAQ: LSCC) has announced its participation in the tinyML Summit 2022, taking place from March 28 to 30, 2022, at the Hyatt Regency San Francisco Airport. The company will showcase its Lattice sensAI™ solution stack and low power FPGAs, including demonstrations of human presence detection, attention tracking, and onlooker detection features. As a silver sponsor of the event, Lattice emphasizes its commitment to advancing the low power machine learning ecosystem.
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