I've only heard rumours of ASICs for LTC. The first time I've heard of it was on this forum, saying to release in early 2014, and the other in mid-July. From what I can see, there isn't a clear answer of when it's releasing, however what it concerning is the divide of whether ASICs will be a good thing or not. LTC was originally made to be resilient to ASIC miners by using script, requiring a lot of memory, but the requirements were apparently set to low, making ASIC miners somewhat feasible. Now, people are asking themselves what incentive will there be to buy LTC, if LTC goes down the same route BTC did, mining centralization, [insert more worries here].
The other side says that LTC is resistant enough to ASICs that it won't make much difference, in comparison to what it did to BTC, and it wouldn't push GPU rigs out the door, at least not as quickly. Also, the cost of entry to ASICs are apparently (rumoured) low enough that anyone can still purchase and use them, just like BTC ASICs
TL;DR ASICs coming, but no clear date. Community is split on whether it's good or bad for LTC, valid points on both ends.
The problem is supposedly legitimate news sources reporting that something is kosher without out thoroughly checking a source.
