Lattice Semiconductor

Where most chip designers chase raw speed, Lattice Semiconductor built a business on the opposite trait: low power. It specializes in small field-programmable gate arrays, or FPGAs, reconfigurable chips that customers program for their own logic rather than ordering a fixed custom design. Lattice's parts are cheap and sip very little electricity, which suits them to jobs like managing power-up sequences, bridging data between components, and adding security or control functions in servers, phones, cars and factory gear. Founded in 1983 and based in Hillsboro, Oregon, the company sells into industrial, communications, computing and automotive markets. Its appeal is that it sits at the value end of the FPGA market, where the bigger players focus on large, expensive devices, giving Lattice a defensible niche and unusually high gross margins for a chipmaker.

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