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 it has won multiple awards at the 2024 Cybersecurity Excellence Awards.
The Lattice Sentry™ solution stack was recognized in the Embedded Security category, the Lattice ORAN™ solution stack in the Network Security category, and the Lattice Cyber Resiliency Program in the Security Awareness Program category.
Eric Sivertson, Vice President of Security Business, highlighted the company's commitment to advanced security solutions in a rapidly evolving cybersecurity landscape.
The awards underline Lattice’s dedication to innovation and leadership in information security.
Lattice Semiconductor (NASDAQ: LSCC) will showcase its latest FPGA technology at Embedded Vision Summit 2024, featuring low power, small form factor FPGAs and application-specific solutions for advanced embedded vision, AI, and connectivity. The company will present advancements for Automotive, Industrial, and Security applications at the Edge, emphasizing power optimization for endpoint smart cameras.
Lattice Semiconductor (NASDAQ: LSCC) wins the 2024 SEAL Sustainable Product Award for its Lattice Avant FPGA platform, recognized for power efficiency and small form factor across various markets. The company's commitment to sustainability is highlighted, with a focus on environmental, social, and governance practices.
Lattice Semiconductor's Lattice Sentry solution stack has been awarded the Global InfoSec Award 2024 in the Next Gen Endpoint Security category by Cyber Defense Magazine. The solution enables robust firmware security with next-generation hardware Root of Trust, helping developers integrate strong security into their designs for cyber-resilient applications across various markets.
Lattice Semiconductor (Nasdaq: LSCC) reported its financial results for the first quarter of 2024, with revenue of $140.8 million and GAAP net income of $0.11 per diluted share. Despite near-term industry headwinds, the company remains well-positioned for long-term success with significant product portfolio expansion. The Company's disciplined spending and capital return to shareholders were highlighted. The non-GAAP gross margin was 69% with net income per diluted share of $0.29.
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