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Lattice Introduces MachXO3 FPGA

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Lattice Semiconductor Corporation (LSCC) recently unveiled the MachXO3 FPGA (Field Programmable Gate Array) family, priced below $1.00 in high volume.

FPGAs are semiconductor devices that allow programming/reprogramming even after the device has been installed and hence referred to as “field-programmable.” This flexibility makes them more expensive compared to regular programmable logic devices (PLDs), often limiting their usage.

The MachXO family has been a key player, especially in the low end programmable market. It aims to connect multiple network segments and has a pretty low power dissipation rate. It is equipped with multi-time programmable technology that facilitates instant-on operation and in-field upgrades for storage, communications and other applications where the I/O interface should be up and running prior to the rest of the system.

Moreover, the hot-swap I/O feature enables the swapping of components without the need to reboot the system.  The MachXO has been built with an eye to cater to the needs of mobile devices and data-center switching platforms.

MachXO’s usage in mobile devices helps Lattice’s growth to become highly dependent on the prosperity of the mobile devices sector. As per the latest research report from Strategy Analytics, things seem to look up for Lattice with the global mobile phone shipments having risen 4% annually to 386 million units in the second quarter of 2013, driven by the growing demand for entry-level Android devices in Asia and Latin America.

Lattice Semiconductor designs, develops and markets high-performance PLDs and related development system software. The company’s second-quarter revenues were up 19.6% from the year-ago period to $84.7 million. Revenues from FPGA were also up 4.4% year over year to $26.0 million.

Currently, Lattice has a Zacks Rank #3 (Hold). Other stocks that look attractive at this point include Cirrus Logic Inc (CRUS) and Semiconductor Mfg Intl Corp (SMI), both with a Zacks Rank # 1 (Strong Buy) and Diodes Inc (DIOD) with a Zacks Rank # 2 (Buy).

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