144 0 Kommentare Lattice Semiconductor Details Accelerated Growth Strategy and Long-Term Model at 2021 Investor Day

Lattice Semiconductor Corporation (NASDAQ: LSCC), the low power programmable leader, today detailed its leadership in growth markets, industry leading product portfolio, doubling of its addressable market, and raising of its financial targets at its 2021 Investor Day. A webcast replay of the event and copies of the presentation are available on the Investor Relations section of www.LatticeSemi.com.

Jim Anderson, president and CEO, said, “Over the past 3 years, we have rebuilt the foundation of the Company. We have tripled Lattice’s new product introduction cadence and deepened our customer engagements. We have driven growth in our core strategic markets, expanded gross margin and achieved record operating profitability. As we look to the future, we believe Lattice is entering a new phase of growth. This will be led by the Lattice Nexus portfolio, which started ramping at the end of last year, with a further acceleration in the years to come from the Lattice Avant^TM platform, our innovative new mid-range FPGA platform targeted to launch in the second half of next year. We expect to unlock additional value for the Company and shareholders, as we continue to execute to our strategy and deliver on our commitments.”

Additional 2021 Lattice Investor Day Presentation Highlights:

Steve Douglass, Corporate Vice President, R&D, highlighted the rebuilt product portfolio that puts Lattice in an industry leading position, with its new Nexus-based products and application specific software solution stacks. Steve also summarized Lattice’s new FPGA roadmap featuring the innovative Avant platform, which will significantly expand Lattice’s product capabilities and allow it to address new applications in the mid-range FPGA market.
Esam Elashmawi, Chief Strategy and Marketing Officer, detailed the doubling of Lattice’s addressable market, with its SAM expanding to $6 billion with the introduction of Lattice Avant. He provided details on ongoing and longer-term growth areas for the Company, including data center servers, client computing, 5G wireless infrastructure, industrial robotics, automotive electronics and consumer markets. He also talked about today’s launch of Lattice’s latest application specific solution stack, Lattice Automate^TM.
Sherri Luther, CFO, recapped the strong financial results of the Company, with growth in its core strategic markets, and significant expansion in gross margin and EPS over the last 2 years. She outlined the Company’s new financial model, which includes higher gross margin and operating income targets.