Lattice Semiconductor Corp. (LSCC - Snapshot Report) launched an iCEstick Evaluation Kit, iCE40 mobile FPGA (field programmable gate arrays) family, priced at $24.99.
Lattice’s new iCEstick is a USB thumb-drive form-factor evaluation board that can be powered and programmed through a standard USB port. The new kit comprises ultra-low-density (ULD) devices and offers leading-edge design, speed solution development by including FPGA, hardware features and reference designs optimized for cost sensitive and low-power applications. The kit has been built to address the needs of the mobile devices market. It can be used in a wide range of handheld and battery-powered applications, including smartphones, tablets, gaming devices etc.
The evaluation kit will support additions to Lattice's ultra-low density FPGA product line that not only offers power and cost advantages, but also includes reference designs that speed up the entire development process, including the time to market.
FPGAs are semiconductor devices that allow programming/reprogramming even after the device has been installed. This flexibility makes them more expensive compared to regular programmable logic devices (PLDs) and relatively restricting their use.
According to a latest research report from Strategy Analytics, the global mobile phone shipments rose 4% annually to 386 million units in the second quarter of 2013, driven by the growing demand for entry-level Android devices in Asia and Latin America. The bright prospects in the mobile space can prove to be a long-term growth driver for Lattice.
Lattice Semiconductor designs, develops and markets high-performance PLDs and related development system software. The company’s second-quarter revenues were up 19.6% from the year-ago period to $84.7 million. Revenues from FPGA were also up 4.4% year over year to $26.0 million.
Currently, Lattice has a Zacks Rank #3 (Hold). Other stocks that are performing well at current levels include SanDisk (SNDK - Analyst Report), Syntel Inc. (SYNT - Snapshot Report) and Silicom Ltd. (SILC), all carrying a Zacks Rank #1 (Strong Buy).