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 authorized a share repurchase program of up to $60 million over the next twelve months. CFO Sherri Luther stated this initiative reflects the company's financial strength and aims to enhance shareholder value. The repurchase may occur through open market and negotiated transactions, depending on various factors including market conditions and share prices. The program is compliant with Rule 10b-18 of the Securities Exchange Act, with the option to suspend or discontinue at any time.
Lattice Semiconductor (NASDAQ: LSCC) will present at Embedded World 2021, focusing on cyber resiliency in embedded systems. The session is scheduled for March 5, 2021 at 14:00 CET / 8:00 AM EST. Executives Eric Sivertson and Mark Hoopes will discuss how the Lattice Sentry™ solutions and Lattice SupplyGuard™ service can enhance firmware security amidst global supply chain risks. Gartner warns that by 2022, 70% of organizations lacking a firmware upgrade plan may face breaches. The presentation aligns with NIST Platform Firmware Resiliency guidelines to help developers protect their systems.
Lattice Semiconductor Corporation (NASDAQ: LSCC) reported strong financial results for the fiscal fourth quarter and full year ended January 2, 2021. The company experienced significant profitability growth, with a 6.3% increase in diluted earnings per share on a GAAP basis year-over-year. Revenue grew double-digits in its key markets of communications, computing, industrial, and automotive. Lattice launched two new Nexus™ products and three software products, generating approximately $92 million in cash from operations, further enhancing its balance sheet.
Lattice Semiconductor Corporation (NASDAQ: LSCC) has released new versions of the Lattice MachXO2ZE™ FPGA family, featuring wafer level chip-scale packaging (WLCSP) and enhanced I/O density. The new devices, with sizes as small as 2.5 x 2.5 mm and standby power levels at just 22 μW, offer up to 63 general-purpose I/Os. These FPGAs are designed for signal bridging and interface applications in smart consumer and industrial IoT devices, making them ideal for edge computing solutions.
Lattice Semiconductor Corporation (NASDAQ: LSCC) has partnered with Krassin Consulting GmbH to launch the Lattice Education Competence Center (LEC2). This center aims to provide hands-on training on low-power Lattice FPGAs, enhancing engineering skills for industrial, automotive, communications, and computing markets. The LEC2 offers a structured program in various formats tailored to customer needs. The initiative is expected to drive innovation and expedite market deployment of Lattice-based solutions.
Lattice Semiconductor Corporation (NASDAQ: LSCC) will conduct its fourth quarter and full year 2020 conference call on February 16, 2021, at 5:00 p.m. ET. The call will feature Jim Anderson, CEO, and Sherri Luther, CFO, discussing the company’s financial results and future outlook. Investors can join the call via phone or watch it live on the company’s investor relations website. Lattice Semiconductor specializes in low power programmable solutions, serving diverse markets including communications, computing, and automotive.
Lattice Semiconductor (NASDAQ: LSCC) has launched a new Community Sourced Development Board webpage showcasing open source hardware boards and designs that utilize its low power FPGAs. The initiative aims to highlight the creativity of developers in the electronics industry and provide resources for innovation. Such collaboration between Lattice and the open source community is expected to enhance product offerings across various markets including communications, computing, and automotive. For more details, visit the Lattice website.
Lattice Semiconductor Corporation (NASDAQ: LSCC) announced significant enhancements to its sensAI solution stack, version 3.1, aimed at improving AI/ML performance on low power FPGAs. Key upgrades include an optimized CNN engine that increases processing speed to 60 frames-per-second, a CNN compiler that reduces operations-per-cycle by 50%, and new development boards facilitating quicker market integration. These advancements support applications in industrial automation and smart home technologies, allowing for more efficient video data analysis at minimal power consumption.
Lattice Semiconductor Corporation (NASDAQ: LSCC) has released version 3.12 of its FPGA design and verification software, Lattice Diamond®. This update enhances support for the new Lattice Mach™-NX FPGA and includes the ModelSim® OEM simulator for improved Linux development. Key features include expanded device support and seamless integration of the SystemVerilog hardware description language, which enhances design flexibility and accelerates time-to-market for low power FPGA applications across various sectors like automotive and communications.
Lattice Semiconductor Corporation (NASDAQ: LSCC) has launched Propel 1.1, an updated design environment aimed at accelerating development on its low power FPGAs. The new version offers enhanced support for the latest 28 nm FD-SOI devices, improved integration with Lattice Radiant and Diamond tools, and full compatibility with various Lattice FPGA families, including MachXO3D and Lattice Nexus. Notably, Propel 1.1 introduces RISC-V processor support, expanding potential applications. This advancement is expected to facilitate quicker design implementations for customers utilizing Helion's ISP IP cores.
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?
