Lattice Semiconductor Corp (Lattice) designs, develops, and markets semiconductor technologies. The company is a leader in low power programmable solutions, addressing customer needs across the network from the Edge to the Cloud in the Communications, Computing, Industrial, Automotive, and Consumer markets. Lattice's field programmable gate array (FPGA) devices provide a strong base of control, connect, and compute technologies, with growth opportunities in hyperscale data centers, 5G deployment, smart factories, and AI applications.

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Lattice places a substantial emphasis on new product development, with return on investment as the key driver. The company continues to invest in research and development to maintain and improve its competitive position. The R&D activities are focused on new proprietary FPGA products, advanced packaging, existing product enhancements, software development tools, soft IP cores, and application-focused hardware and software solutions. The company expects to continue making significant future investments in research and development. The R&D units of Lattice are located in Hillsboro, Oregon; San Jose, California; Montreal, Canada; Shanghai, China; Metro Manila, Philippines; Pune, India; and Penang, Malaysia. These units are responsible for managing the company's research and development activities, including the design of new products, IP cores, processes, packaging, and software solutions. The company has R&D centers in seven locations: Hillsboro, Oregon; San Jose, California; Montreal, Canada; Shanghai, China; Metro Manila, Philippines; Pune, India; and Penang, Malaysia. In FY2025, the company incurred expenses of US$187.9 million, which as a percentage of revenue, stood at 35.9%.