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Lattice Semiconductor Corp (LSCC) delivers innovative low-power semiconductor solutions powering smart connectivity across industries. This dedicated news hub provides investors and technology professionals with direct access to official corporate announcements, product developments, and strategic updates.
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Lattice Semiconductor Corporation (NASDAQ: LSCC) has announced the registration for its 2023 Analyst and Investor Day, set for May 15, 2023, from 2-3:30 p.m. EDT at the Nasdaq MarketSite in Times Square, New York City. The event will feature a discussion on the company's product portfolio, business strategy, and growth opportunities, led by key executives including President Jim Anderson and CFO Sherri Luther. Interested participants must register by May 12, 2023. A replay of the session will be available within 24 hours after the event for approximately one year.
On March 14, 2023, Lattice Semiconductor (NASDAQ: LSCC) appointed Elizabeth Schwarting to its Board of Directors and Nominating and Governance Committee. With extensive management background in the automotive sector, she has held significant roles at Delphi Corporation and Eastman Kodak Company. Currently, she is a Principal Member at DBS Ventures, LLC. Jeff Richardson, Chairman of the Board, emphasized Schwarting's automotive expertise as a valuable asset for Lattice's growth strategy. The company positions itself as a leader in low-power programmable solutions for various markets, including automotive, communications, and industrial.
Lattice Semiconductor (NASDAQ: LSCC) announces enhancements to its Lattice Automate and Lattice sensAI solution stacks, boosting factory automation and industrial machine vision capabilities. The updated Lattice Automate (v 3.0) includes a new IP library with support for RISC-V freeRTOS and PCIe DMA. Meanwhile, Lattice sensAI (v 6.0) features improved video stream analysis, upgraded machine vision demos, and enhanced AI acceleration engines. These advancements will be showcased at embedded world 2023, affirming the company's commitment to delivering efficient, low-power solutions for industrial applications.
Lattice Semiconductor (NASDAQ: LSCC) has joined the Autotech Council, a community aimed at advancing automotive technology and innovation. The company plans to collaborate with various OEMs and suppliers to enhance in-vehicle applications, focusing on low power, security, and performance. Lattice's Director of Industrial & Automotive Segment Marketing emphasized that their automotive-grade solutions aim to enhance driver experiences. The Autotech Council encourages innovation across the mobility industry, and Lattice's membership aligns with their commitment to corporate strategy and collaborations.
Lattice Semiconductor Corporation (NASDAQ: LSCC) will present at the Morgan Stanley Technology, Media & Telecom Conference on March 8, 2023, in San Francisco. The presentation will be led by CEO Jim Anderson, Chief Strategy and Marketing Officer Esam Elashmawi, and Senior Director of Investor Relations Rick Muscha, focusing on the company's strategy and financial outcomes. The event will be available for live streaming at 11:35 a.m. Pacific Time on the investor relations section of Lattice's website. Lattice Semiconductor is recognized for its low power programmable solutions in various markets, enhancing innovation across the network spectrum.
Lattice Semiconductor (NASDAQ: LSCC) has enhanced its Lattice ORAN™ solution stack, adding IEEE 1588 protocol and ITU profile compliance. This upgrade aims to improve timing and synchronization for Open Radio Access Network (ORAN) applications, facilitating secure, tight synchronization for ORAN fronthaul interfaces. The solution now supports key IEEE standards, including IEEE Std 1588™-2019, and ITU-T profiles such as G.8265.1 and G.8275.1. Additionally, a new development platform based on Lattice FPGAs has been introduced, designed to simplify testing and development for telecommunications applications.
Lattice Semiconductor (NASDAQ: LSCC) announces its exhibition plans for embedded world 2023 from March 14-16 in Nuremberg, Germany. The company will showcase advancements in FPGAs at their booth, highlighting applications in Automotive, Industrial, and Security. Key presentations include sessions on power supply with MIPI ULPS Mode, 5G connectivity solutions, and post-quantum cryptography. Lattice will collaborate with ecosystem partners to demonstrate technologies in embedded vision, AI, safety, and more. Attendees can visit Booth #528, Hall 4, to explore innovative solutions.
Lattice Semiconductor (NASDAQ: LSCC) has announced a collaboration with Green Hills Software to deliver secure solutions for embedded Industrial and Automotive applications. This partnership combines Lattice's Nexus™-based FPGAs with RISC-V® processors and Green Hills' production-proven µ-velOSity™ and MULTI® software. The aim is to enhance Edge computing designs, ensuring safety, reliability, and energy efficiency. The combined solutions promise improved productivity and lower costs for developers. Both companies emphasize the importance of these innovations in addressing challenges in safety and reliability in automotive and industrial sectors.
Lattice Semiconductor Corporation (NASDAQ: LSCC) reported strong financial results for Q4 and full year 2022, with revenue growth of 28.1% year-over-year. Q4 revenue rose 24.1%, marking eleven consecutive quarters of growth. Gross margins expanded to 69.4% GAAP and 70.0% non-GAAP for Q4 2022, up from 64.2% and 65.1% respectively last year. Net income improved significantly, reaching $0.37 GAAP and $0.49 non-GAAP per diluted share in Q4. The company launched the Lattice Avant™ platform, which enhances its market reach. For Q1 2023, revenue is projected between $175 million and $185 million.