Lattice Semiconductor Corporation
) recently signed a global distribution agreement with Future
Electronics, a leading distributor and marketer of electronic
Founded in 1968, Future Electronics is a privately-held
company and the fourth largest electronics distributor in the
world. Headquartered in Quebec, it specializes in the
distribution of electronic and electro-mechanical components. The
company also has field applications engineers to assist circuit
design engineers with product selection and engineering
According to the agreement, Future Electronics will promote,
sell and support the full range of Lattice's design solutions.
Lattice's product portfolio consists of energy-efficient power
FPGA devices or field programmable gate arrays, complex
programmable logic device (CPLD) and programmable power
management design solutions. These are used in a wide range of
applications, such as portable medical monitors, smartphones,
digital cameras, eReaders, compact embedded systems, flat-panel
televisions, laptops and many more.
The agreement with Future Electronics should open up new
markets for Lattice's product portfolio and also boost its
customer base. Both the companies are trying to provide
high-performance energy-efficient solutions for different
electronic applications thus meeting end user demand.
We are positive about Lattice's endeavor to deliver innovative
products and technologies to its customers.
Lattice Semiconductor designs, develops and markets high
performance programmable logic devices and related development
system software. The company's first quarter revenues were down
0.7% from the year-ago period to $71.2 million. Revenues from
FPGA were also down 1.7% year over year to $22.9 million.
Currently, Lattice has a Zacks Rank #3 (Hold). Other stocks
that are performing well at current levels include
Applied Materials Inc
), all carrying a Zacks Rank #2 (Buy).
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