Lattice Semiconductor Updates Guidance for First Quarter
HILLSBORO, OR â March 11, 2009 - Lattice Semiconductor (NASDAQ: LSCC) today announced its business update for the first quarter of 2009.
First quarter revenue is now expected to be down approximately 10% to 15% sequentially which is a revision from previous guidance of down 10% to 20% sequentially.
Bruno Guilmart, Lattice President and Chief Executive Officer commented, "Except for the wireless communications market in Asia which is showing a better than expected revenue trend, we continue to have limited visibility with regards to our broader business base."
No conference call will be held in conjunction with this guidance update. Additional information related to the first quarter will be available when the Company reports its first quarter 2009 results.
About Lattice Semiconductor
Lattice is the source for innovative FPGA, CPLD and Mixed Signal programmable logic solutions. For more information, visit www.latticesemi.com.
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