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Chinese interest for Lattice Semiconductor

US-based Lattice Semiconductor is reportedly exploring a sale which has drawn some interest from a potential Chinese buyer.

The company is working with investment bank Morgan Stanley to asses and review interest from potential buyers – which includes a Chinese party, according to a Reuters report citing people familiar with the matter. Lattice Semiconductor said back in the summer of 2015 that it was open to a possible sale – but only if the price-tag was right. After Intel's takeover of Altera, Lattice is one of few large standalone companies dealing with programmable chips.

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April 26 2024 9:38 am V22.4.33-2
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