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TheStreet Open House

Lattice's CEO Present At 2012 Citi Technology Conference (Transcript)

Lattice Semiconductor Corporation (LSCC)

2012 Citi Technology Conference Transcript

September 5, 2012 3:00 PM ET

Executives

Darin Billerbeck - President and CEO

Analysts

Presentation

Unidentified Analyst

With us from the company we have Darin Billerbeck presenting today. So let’s get started.

Darin Billerbeck

Okay. Thanks [Sandra]. Thanks everybody for listening in. We are going to (inaudible). Here is our forward to the next page. Okay. So I’m going to go with the Lattice corporate update first, Lattice is (inaudible) in the wrong place, so if you can.

Okay. Normal Safe Harbor which discuss if we make any forward-looking statements and all other things we discuss, be careful about what we do with information today.

I’m going to talk a little bit about who we are? Obviously, our programmable devices allow customers to do a lot of things. Some of the marketplace that we’re focus on little bit different. We look at ourselves if not really competitive, with some of the people, everybody think we are competitive with, we kind of strike out really on all the areas where we can win, we define, and we can profitably grow.

So we want to lead with lower power, we want lead with low cost, no matter what we call a portable innovation. So we don’t want to just innovate to sake of innovating it, because we are solving problem for the customers that we support.

Also we always want to grow new product, specifically in the areas that we feel not been a problem as of late. And then the healthy balance sheet and financial strength we want to obtain, which is also fair healthy. In the last 10 years we sold a lot of these things. So billions about anything, I know that, McDonald probably sold the most billion of anything, that’s pretty big.

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