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) has launched Lattice Propel™ 2.0, enhancing embedded processor development on Lattice FPGAs. This version introduces support for a new RISC-V CPU core and allows integration of third-party IP. The RISC-V RV32I variant can be implemented using only 800 LUTs, optimizing design flexibility for power-sensitive applications like autonomous robots. Propel 2.0 also features EtherConnect, power module distribution, I2C Master, and QSPI flash memory controller IP blocks, reinforcing Lattice's position in the low power programmable market.
Lattice Semiconductor (NASDAQ: LSCC) is set to launch its new advanced general-purpose FPGA family, Lattice CertusPro™-NX, at a virtual event on June 23, 2021. This will be the company’s fourth FPGA family developed on the Lattice Nexus™ platform, boasting best-in-class system bandwidth, industry-leading power efficiency, and compatibility with new protocols across diverse markets. Key executives including Jim Anderson and Steve Douglass will present at the event.
Lattice Semiconductor Corporation (NASDAQ: LSCC) showcased its growth strategy during its 2021 Investor Day. The company announced a significant expansion of its addressable market to $6 billion through the introduction of new products, including the Lattice Avant platform. CEO Jim Anderson highlighted the tripling of new product introductions and record profitability over the past three years. The firm aims to leverage its innovative Lattice Nexus portfolio for future growth. The presentation underscored Lattice's commitment to enhancing its product capabilities in various high-growth sectors.
Lattice Semiconductor Corporation (NASDAQ: LSCC) has launched Lattice Automate™, a new low power FPGA-based solution stack designed to accelerate industrial automation applications. This comprehensive stack includes software tools, hardware development boards, and reference designs aimed at enhancing systems such as scalable motor control and predictive maintenance. The global industrial automation market is expected to reach USD $326.14 billion by 2027, providing a significant growth opportunity for Lattice. By offering quick and easy development for intelligent systems, Lattice aims to support emerging technologies and improve operational efficiency.
Lattice Semiconductor Corporation (NASDAQ: LSCC) reported a 19% revenue growth year-over-year for Q1 2021, reaching $115.7 million. Net income also saw a significant increase, with a 130% rise year-over-year. The company launched the Lattice Crosslink™-NX for automotive applications and announced the upcoming Investor Day on May 11. Operating profit margins improved, and cash flow from operations totaled $29 million. Looking ahead, Q2 revenue is projected between $116 million and $124 million.
Rambus and Lattice Semiconductor announced a partnership on April 26, 2021, aimed at developing next-generation security solutions. This collaboration will integrate Rambus's secure hardware IP into Lattice's FPGAs, enhancing security across various sectors including communications, automotive, and consumer applications. The partnership responds to increasing cyberattacks, with both companies emphasizing the need for robust security technologies to protect devices and data from evolving threats.
Lattice Semiconductor Corporation (NASDAQ: LSCC) has been added to the S&P MidCap 400 Index as of April 20, 2021. This change recognizes the company's strong financial performance and innovation in low power programmable solutions. Sherri Luther, CFO, highlighted the momentum Lattice is building through its strategic execution and expanded product portfolio. The S&P 400 Index features companies across 11 sectors, with Lattice being placed in the Information Technology Sector, which represents over 70% of the index.
Lattice Semiconductor (NASDAQ: LSCC) will hold a conference call on May 4, 2021, at 5:00 PM ET to discuss its first quarter financial results and business outlook. The call will be led by Jim Anderson, President and CEO, and Sherri Luther, CFO. Investors can join via dial-in numbers or listen to a live webcast available on the company's website.
Lattice Semiconductor specializes in low power programmable solutions across multiple markets, including communications and automotive.
Lattice Semiconductor (NASDAQ: LSCC) has expanded its CrossLink-NX FPGA family for automotive applications, targeting advanced driver assistance systems (ADAS) and in-vehicle infotainment (IVI) systems. The new FPGAs feature low power consumption, small form factor, and high reliability, supporting MIPI D-PHY interfaces up to 10 Gbps. The automotive sensor market is expected to reach $40.8 billion by 2030. Key attributes include AEC-Q100 certification, 75% lower power usage compared to competitors, instant-on performance, and high memory-to-logic ratio.
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