Lattice Semiconductor Partners with Mitsubishi Electric for Enhanced Factory Automation Solutions

Lattice Semiconductor has partnered with Mitsubishi Electric to enhance factory automation processes using its energy-efficient CertusPro-NX Field Programmable Gate Arrays (FPGAs). The partnership was showcased at the Lattice APAC Tech Summit in Tokyo, which engaged over 150 customers and partners from the Asia-Pacific region. Analysts forecast an average target price of $63.07 for Lattice Semiconductor Corp, with an upside of 21.41% from the current price. The company reported Q1 2025 revenue of $120.1 million, a 2% increase compared to Q4 and a 15% decline compared to the year-ago period.

Title: Lattice Semiconductor and Mitsubishi Electric Collaborate to Enhance Factory Automation

Lattice Semiconductor (NASDAQ: LSCC), a leading provider of low power programmable solutions, has partnered with Mitsubishi Electric to enhance factory automation processes. The collaboration, announced at the Lattice APAC Tech Summit in Tokyo, leverages Lattice's energy-efficient CertusPro-NX Field Programmable Gate Arrays (FPGAs) to improve the precision and efficiency of Mitsubishi Electric's Computerized Numerical Controller (CNC) solutions. This partnership aims to bring advanced factory automation experiences to a variety of industrial applications, including machine building, automotive, and electronics.

The Lattice APAC Tech Summit, held on July 16, 2025, showcased the latest advancements in low-power FPGA technology, with over 150 customers and partners from the Asia-Pacific region in attendance. Notable companies like Desay, Furukawa AS, Glory LTD, LIPS, and NXP participated alongside industry leaders. This event highlighted the significance of Lattice's technology in driving innovation and efficiency in manufacturing processes.

Mitsubishi Electric's industry-leading CNC solutions, when integrated with Lattice CertusPro-NX FPGAs, offer high accuracy, adaptability, and efficient real-time processing. These features are crucial for various industrial applications where precision and reliability are paramount.

"We are excited to collaborate with Mitsubishi Electric to enhance their CNC solutions and provide improved precision and efficiency in their manufacturing processes," said Takahiro Mitsuya, VP of Japan Sales, Lattice Semiconductor. "Together, we are delivering advanced factory automation experiences with our FPGA solutions that offer class-leading power efficiency, system bandwidth, reliability, and smallest-in-class form factor, helping manufacturers stay competitive in a rapidly evolving industry."

Yutatsu Kanemoto, Sr. Manager of NC Hardware System Section, Mitsubishi Electric Corporation, added, "By integrating Lattice's innovative low power FPGA technology, known for its high-speed processing and real-time feedback capabilities, with Mitsubishi Electric's robust CNC systems, we are poised to deliver unparalleled performance and reliability to our customers, driving the future of smart manufacturing."

Analysts have forecasted an average target price of $63.07 for Lattice Semiconductor Corp, with an upside of 21.41% from the current price. The company reported Q1 2025 revenue of $120.1 million, a 2% increase compared to Q4 and a 15% decline compared to the year-ago period. Despite the revenue decline, Lattice Semiconductor's gross margin remained strong at 69%, reflecting the resilience of its business model.

References:
[1] https://www.morningstar.com/news/business-wire/20250716939209/lattice-and-mitsubishi-electric-collaborate-to-deliver-next-gen-industrial-automation-experiences
[2] https://www.gurufocus.com/news/2983239/lattice-semiconductor-lscc-teams-up-with-mitsubishi-electric-for-factory-automation-lscc-stock-news