Lattice Weathering Chips Shortage Via Proactive Inventory Build: CEO
Lattice Semiconductor’s decision to build inventory in the last three quarters of 2020 is helping the chipmaker weather the industry’s supply chain constraints, said CEO Jim Anderson on a Q1 call Tuesday. “We did that proactively and strategically to make…
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sure that we were in a good inventory position because we were anticipating some supply chain tightness,” he said. “We're really glad that we did that.” Lattice ended Q1 with “more inventory than we were carrying, say, a year ago, and so we're in a very good inventory position,” he said. It’s also managing the chips shortage by “working very carefully and closely with our customers,” especially the “big strategic” accounts, to be sure “that we've got a demand picture for the coming quarters,” he said.