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) announced that CEO Jim Anderson will speak at the 2021 Six Five Summit on June 16, 2021, at 8:30 a.m. PDT. The session will involve a Q&A with analyst Pat Moorhead, focusing on trends in AI, automation, robotics, 5G, and the need for adaptability in Edge computing. This virtual event aims to showcase innovation and thought leadership from leading tech firms. Lattice Semiconductor is a leader in low power programmable solutions, supporting industries across communications, computing, automotive, and more.
Lattice Semiconductor (NASDAQ: LSCC) will host a virtual seminar on June 8, 2021, focused on cyber security trends and standards for automotive FPGAs. This event will examine the increasing threat of vehicular cyber security breaches as connected vehicles become more common. Attendees will learn about current cyber security risks, industry standards, and ways to design cyber-secure systems. The seminar includes a discussion on cost-saving measures and the importance of secure system design for protecting against cyber threats.
Lattice Semiconductor Corporation (NASDAQ: LSCC) has enhanced its Lattice sensAI™ solution stack for AI/ML application development on low power FPGAs. Notable updates include support for TensorFlow Lite, integration with the Lattice Propel™ design environment, and the introduction of Lattice sensAI Studio for ML model training and validation. The new features allow for faster AI/ML inferencing and simplified development processes, aimed at optimizing performance for edge devices like security cameras and industrial robots. These advancements respond to the growing demand for low-power AI solutions.
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.
FAQ
What is the current stock price of Lattice Semiconductor (LSCC)?
What is the market cap of Lattice Semiconductor (LSCC)?
What does Lattice Semiconductor Corp do?
When was Lattice Semiconductor founded?
Where is Lattice Semiconductor headquartered?
What significant acquisition did Lattice Semiconductor make in 2015?
Which markets does Lattice Semiconductor serve?
What are some of the products offered by Lattice Semiconductor?
Who are Lattice Semiconductor's major customers?
What is the core business segment of Lattice Semiconductor?
How does Lattice Semiconductor contribute to the technology industry?
What is the significance of the acquisition of Silicon Image for Lattice Semiconductor?
