DALLAS, March 5, 2010 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring semiconductor company Lattice Semiconductor Corp. (Nasdaq:LSCC). The report includes financial, comparative and investment analysis, and industry information you need to know to make an educated investment decision.
It is available at: http://www.beaconequity.com/i/LSCC
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Lattice Semiconductor Corp. designs, develops and markets high-performance programmable logic products that allow customers more functionality and control so that design cycle times and development costs may be reduced. Its customers include original equipment manufacturers (OEM) in the communications, computing, consumer, industrial, automotive, medical and military sectors.
In the report, the analyst notes:
"In April 2009, the Company stated in its November 10-Q that it had notified two distributors in Taiwan and China of its intent to discontinue distribution agreements with these two distributors, effective June 6, 2009. The agreements were terminated as the Company transitions from a sell-in to a sell-through distribution model in the Asia Pacific market.
"The Company derives approximately 10% of its revenue from one of these distributors, both in fiscal years 2008 and 2007.
"Revenue is expected to jump between 21% and 25% from the fourth quarter, or a total revenue of between $66.7 million and $68.9 million for the first quarter, compared with a 12% increase that was previously expected. The Company said that it has witnessed 'robust growth across all product lines.'"
To read the entire report visit: http://www.beaconequity.com/i/LSCC
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