Lattice Semiconductor Corporation develops low-power programmable semiconductor technology, including FPGA-based silicon products, silicon-enabling products, evaluation boards, development hardware, intellectual property licensing, services, and related sales. The company serves communications, computing, industrial, automotive, and consumer markets, with applications extending from edge systems to cloud-connected infrastructure.
LSCC news commonly covers quarterly operating results, business outlook, product demonstrations, and platform updates for edge AI, computer vision, sensor bridging and fusion, robotics, industrial HMI, security, and automotive and industrial applications. Company updates also include technology collaborations, investor conference participation, governance matters, material agreements, and capital-structure disclosures.
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.
Lattice Semiconductor Corporation (NASDAQ: LSCC) announced a webinar on implementing a low-power RISC-V embedded system using Lattice FPGAs. Scheduled for March 29, 2021, at 9:00 am PDT, the session will be led by the Lattice Education Competence Center (LEC2). This event will highlight the Lattice Propel design environment for building efficient hardware/software co-processing solutions, aimed at various markets, including industrial and automotive. The LEC2 provides essential product training and expertise to accelerate market readiness for Lattice-based solutions.
Lattice Semiconductor Corporation (NASDAQ: LSCC) announces the inclusion of its Lattice Diamond® and Lattice Radiant® FPGA design tools in the DARPA Toolbox initiative. This partnership enhances access to Lattice's technologies, allowing DARPA researchers to innovate in areas like artificial intelligence, 5G, and automation. Additionally, Lattice's low-power FPGAs show a potential for up to 75% reduction in power consumption and significantly lower error rates. This collaboration is expected to broaden the usage of Lattice’s solutions within DARPA programs.
Lattice Semiconductor Corporation (NASDAQ: LSCC) is set to hold a virtual Investor Day on May 11, 2021, from 9-11 a.m. PDT / 12-2 p.m. EDT. The event will showcase the company's product roadmap, long-term strategies, and growth opportunities, featuring presentations from key executives including CEO Jim Anderson and CFO Sherri Luther. Interested investors can register until May 7, 2021, with a replay available within 24 hours post-event. Lattice focuses on low-power programmable solutions across various markets.
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Lattice Semiconductor Corporation (NASDAQ: LSCC) has launched mVision™ 2.0, an upgraded solutions stack designed for low power embedded vision systems. This version enhances design capabilities for applications across industrial, automotive, medical, and consumer sectors. Key features include support for popular image sensors and a new image signal processing IP core. The COVID-19 pandemic is spurring demand for embedded vision technology. The global machine vision system market is projected to grow from $29.7 billion in 2019 to $74.9 billion by 2027, with a CAGR of 11.3%.