CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
The
Securities Exchange Act of 1934
Date
of
Report (Date of earliest event reported)
September
13, 2006
Lattice
Semiconductor Corporation
(Exact
name of registrant as specified in its charter)
Delaware
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000-18032
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93-0835214
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(State
or other jurisdiction of incorporation)
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(Commission
File Number)
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(IRS
Employer
Identification
No.)
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5555
N. E. Moore Court
Hillsboro,
Oregon 97124-6421
(Address
of principal executive offices, including zip code)
(503)
268-8000
(Registrant’s
telephone number, including area code)
(Former
name or former address, if changed since last report)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
[
]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[
]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[
]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
(17 CFR 240.14d-2(b))
[
]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
(17 CFR 240.13e-4(c))
Item
7.01. Regulation FD Disclosure.
On
September 13, 2006, Lattice Semiconductor Corporation posted on its website
a
business update for the third quarter of the fiscal year 2006. A copy of
the business update is furnished as Exhibit 99.1 to this report.
The
information in this Item 7.01 and in Exhibit 99.1 shall not be deemed to be
“filed” for the purposes of Section 18 of the Securities Exchange Act of 1934,
as amended (the “Exchange Act”), or incorporated by reference in any filing
under the Securities Act of 1933, as amended, or the Exchange Act, except as
shall be expressly set forth by specific reference in such filing.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits.
Exhibit No.
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Description
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99.1
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Business
Update dated September 13, 2006 (furnished, not filed,
herewith)
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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LATTICE
SEMICONDUCTOR CORPORATION
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Date:
September 13, 2006
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By:
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/s/
Jan Johannessen |
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Jan Johannessen
Senior
Vice President and
Chief
Financial Officer
EXHIBIT
INDEX
Exhibit No.
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Description
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99.1
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Business
Update dated September 13, 2006 (furnished, not filed,
herewith)
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EXHIBIT 99
For
more
information contact:
Jan
Johannessen
Chief
Financial Officer
Lattice
Semiconductor Corporation
(503)
268-8000
LATTICE
SEMICONDUCTOR ANNOUNCES
BUSINESS
UPDATE FOR THIRD QUARTER
HILLSBORO,
OR - September 13, 2006 - Lattice Semiconductor (NASDAQ: LSCC) today
announced its business update for the third quarter of 2006.
The
updated guidance is as follows:
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-
Total
operating expenses, excluding amortization of intangible assets,
are
expected to be approximately $36 million, up approximately $1
million
from the second quarter, primarily due to higher stock based
compensation expense and an increase in 90 nanometer engineering
wafer
expense;
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All
other
guidance remains unchanged.
No
conference call will be held in conjunction with this guidance update.
The
foregoing business update contains forward-looking statements. Lattice believes
the factors identified below in connection with each such statement could cause
actual results to differ materially from the forward-looking statements.
Estimates
of future revenue are inherently uncertain due to the high percentage of
quarterly “turns” business, as well as such factors as pricing pressures,
competitive actions, the demand for our products, and our ability to supply
products to customers in a timely manner.
In
addition to the foregoing, other factors that may cause actual results to differ
materially from the forward-looking statements herein include the Securities
and
Exchange Commission’s informal inquiry and any resulting actions, the Company’s
dependencies on its silicon wafer suppliers, technological and product
development risks, and other risks that are described from time to time in
our
filings with the Securities and Exchange Commission. The Company does not intend
to update or revise any forward-looking statements, whether as a result of
events or circumstances after the date hereof or to reflect the occurrence
of
unanticipated events.
About
Lattice Semiconductor
Lattice
Semiconductor Corporation provides the industry’s broadest range of Field
Programmable Gate Arrays (FPGA) and Programmable Logic Devices (PLD), including
Field Programmable System Chips (FPSC), Complex Programmable Logic Devices
(CPLD), Programmable Mixed-Signal Products (ispPAC®) and Programmable Digital
Interconnect Devices (ispGDX®). Lattice also offers industry leading SERDES
products.
Lattice
continues to deliver “More of the Best” to its customers with comprehensive
solutions for system design, including an unequaled portfolio of high
performance, non-volatile and low cost FPGAs.
Lattice
products are sold worldwide through an extensive network of independent sales
representatives and distributors, primarily to OEM customers in communications,
computing, industrial, consumer, automotive, medical and military end markets.
For more information, visit http://www.latticesemi.com
#
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Lattice
Semiconductor Corporation, Lattice (& design), L (& design), ispGDX,
ispPAC and specific product designations are either registered trademarks or
trademarks of Lattice Semiconductor Corporation or its subsidiaries in the
United States and/or other countries.