This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Lattice Semiconductor's CEO Presents At Deutsche Bank's DbAccess 2012 Technology Conference (Transcript)

Stocks in this article: LSCC

So again, we’re in Programmable Logic business, there is no question about that. We really lead with low power, low cost and innovation. People say why can you do that if you’re not the leader in technology? And I’ve told many of you over the years, they build New York, we build Portland, okay. That architecture is completely different. The number of cars they can get through New York is analogous to the routing of big LUT densities. Portland is very analogous to smaller densities, if you have a smaller footprint, you have a lower power. You can’t scale as high, but on the other hand you can do a lot of things with your power and your cost structures.

And then we have consistent new product growth, that’s good news, bad news. We have a lot of great growth. In fact, the new products are growing very well. The biggest issue is, there also lower margin and we don’t have enough older margin business, we’ll get into some of that stuff.

Healthy balance sheet, we got lots of cash. In the last 10 years, we’ve sold 1 billion of programmable devices, all good. What have we done in the last 12 months? We spent a lot of time in R&D. We’ve really had a very difficult time in R&D because we had multiple sites. We closed all the sites as of today. Most of our R&D, the majority of our silicon R&D and software R&D is done in San Jose now. We have a little outside of that.

We do have an intact team in the Philippines, which is about one-fifth the cost of what the U.S. is and about maybe half the cost of China. So it’s pretty good model for us going on. We don’t have Allentown, which is our old Pennsylvania site and then we’ve repurposed Shanghai to be really focused on our customers and softwares, who do a lot of support out there.

2 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs