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 Corporation (NASDAQ: LSCC) will host a free webinar focused on developing low power Edge AI/ML applications using its Lattice sensAI™ solution stack. Scheduled for Wednesday, Nov. 17, 2021, at 11:00 AM EST, the event targets system and application engineers aiming to enhance design intelligence. Demand for low power AI/ML inferencing is rising, and Lattice sensAI offers a comprehensive solution combining FPGA hardware, software, and IP to expedite time to market.
Lattice Semiconductor Corporation (NASDAQ: LSCC) has appointed Tracy Feanny as Corporate Vice President, General Counsel, and Secretary, effective immediately. Feanny brings over 20 years of experience, previously serving at National Instruments Corporation as well as roles at Amazon Web Services and Dell Technologies. Her expertise is expected to enhance Lattice's legal strategies as the company continues its growth. Byron Milstead, the previous General Counsel, will transition to the Singapore distribution subsidiary before retiring. This leadership change aims to strengthen Lattice's position in the semiconductor industry.
Lattice Semiconductor Corporation (NASDAQ: LSCC) reported a 28% revenue increase year-over-year for Q3 2021, totaling $131.9 million, with net income rising 112% to $0.19 per diluted share on a GAAP basis. Gross margin expanded to 62.8%, up from 60.5% YoY. Operating profit reached 20.5%. Lattice achieved a record cash flow of $116 million year-to-date and repurchased $55 million in shares. The company expects Q4 2021 revenue between $129 million and $139 million, with non-GAAP gross margin anticipated at around 64%. The firm also received the 2021 Sustainability Leadership Award.
Lattice Semiconductor (NASDAQ: LSCC) announced that its CertusPro™-NX FPGA has been nominated as a finalist for the 2021 Elektra Awards in the Digital Semiconductor Product of the Year category. The CertusPro-NX FPGA family offers superior system bandwidth and power efficiency for various applications, such as 5G communications and ADAS systems. With remarkable features, including up to 65% more on-chip memory than competing products, it supports the LPDDR4 DRAM memory standard. Winners will be announced at a ceremony in London on Dec. 1, 2021.
Lattice Semiconductor Corporation (NASDAQ: LSCC) is hosting free online training sessions from
Lattice Semiconductor Corporation (NASDAQ: LSCC) announces a free webinar scheduled for October 27, 2021, at 2:00 PM EDT. This event will focus on the Lattice Automate™ solution stack for developing low power programmable industrial automation applications. Key areas of discussion include robotics, motor control with predictive maintenance, and real-time industrial networking. Attendees will learn about software design tools, IP building blocks, and demonstration services available through the Automate stack. Advance registration is required.
Lattice Semiconductor Corporation (NASDAQ: LSCC) is set to hold its third quarter 2021 conference call on November 2, 2021 at 5:00 p.m. Eastern Time. During the call, President and CEO Jim Anderson and CFO Sherri Luther will discuss the company's financial results and outlook. Interested parties can join via a dial-in number or through a live webcast available on the company's investor relations website.
Lattice is recognized as a leader in low power programmable solutions, serving various markets including communications, computing, and automotive.
Lattice Semiconductor (NASDAQ: LSCC) announces a presentation at the Linley Fall Processor Conference 2021, scheduled for October 20 at 10:10 a.m. PT. The presentation will highlight the development of machine learning applications optimized for low power consumption utilizing Lattice FPGAs and the Lattice sensAI solution stack. As demand for sophisticated, always-on Edge devices rises, the sensAI stack aims to provide designers with the necessary tools for effective ML application development.
intoPIX announced its participation at the VISION show 2021 from October 5-7 in Stuttgart, showcasing new solutions for machine vision utilizing Lattice CrossLink™-NX FPGA. These innovations include JPEG XS and TICO-RAW compression technologies. The Lattice FPGA enables low-power image processing for high-resolution images, supporting applications from 2 to over 100 Megapixels with lossless quality and microsecond latency. Mark Hoopes of Lattice emphasized the importance of combining these technologies for enhancing smart factories and automotive applications.
Lattice Semiconductor Corporation (NASDAQ: LSCC) announced that its Lattice Sentry™ solution stack and Lattice SupplyGuard™ service have been nominated as finalists for the prestigious Electronics Industry Awards in the Internet of Things Product of the Year category. The awards recognize innovative products in the electronics industry, with winners announced on Oct. 21, 2021.
Vice President of Security Business, Eric Sivertson, emphasized the importance of comprehensive security solutions for OEMs in the connected device landscape.
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