855658--3/13/2009--LATTICE_SEMICONDUCTOR

related topics

{customer, product, revenue}

{product, market, service}

{condition, economic, financial}

{stock, price, operating}

{personnel, key, retain}

{property, intellectual, protect}

{capital, credit, financial}

{acquisition, growth, future}

{control, financial, internal}

{product, candidate, development}

{operation, international, foreign}

{competitive, industry, competition}

{operation, natural, condition}

{financial, litigation, operation}

Global economic conditions and uncertainty could adversely affect our revenue, gross margin and expenses, collectability of accounts receivable and supplier relationships. Sales of our older products may decline faster than sales of our new products increase, which would result in reduced revenues and gross margins. Export sales account for the majority of our revenue and may decline in the future due to economic and governmental uncertainties. A downturn in the communications equipment end market could cause a reduction in demand for our products and limit our ability to maintain revenue levels and operating results. Unforeseen events related to the global economic conditions and uncertainty could adversely affect our ability to collect amounts due from Fujitsu. The downturn in the economy and the volatility in the capital markets could limit our ability to access capital or could increase our costs of capital, if additional financing is required. We may be unsuccessful in defining, developing or selling the new programmable logic products required to maintain or expand our business. We may experience a disruption of our business activities due to the transition to a new executive management team. The potential impact of customer design-in activity on future revenue is inherently uncertain and could impact our ability to manage production or our ability to forecast sales. Product quality problems could lead to reduced revenue, gross margins and net income. The cyclical nature of the semiconductor industry may limit our ability to maintain revenue levels and operating results during industry downturns. Our wafer supply could be interrupted or reduced, which may result in a shortage of products available for sale. If our foundry partners experience quality or yield problems, we may face a shortage of products available for sale. Our products may not be competitive if we are unsuccessful in migrating our manufacturing processes to more advanced technologies or alternative fabrication facilities. Our supply of assembled and tested products could be interrupted or reduced, which may result in a shortage of products available for sale. If our assembly and test supply contractors experience quality or yield problems, we may face a shortage of products available for sale. Our stock price may continue to experience large fluctuations. We may fail to retain or attract the specialized technical and management personnel required to successfully operate our business. Our future quarterly operating results may fluctuate and therefore may fail to meet expectations. Conditions in Asia may disrupt our existing supply arrangements and result in a shortage of finished products available for sale. We may not be able to fund future foundry partner investments and meet other capital needs when required or on favorable terms. We may not be able to successfully compete in the highly competitive semiconductor industry. We may have failed to adequately insure against certain risks, and, as a result, our financial condition and results may be adversely affected. While we believe that we currently have adequate internal controls over financial reporting, we are exposed to risks from legislation requiring companies to evaluate those internal controls. If we are unable to adequately protect our intellectual property rights, our financial results and competitive position may suffer. We face risks related to litigation.

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855658--3/13/2009--LATTICE_SEMICONDUCTOR_CORP