Lam Research Corp.

Company Overview

Lam Research Corp. is mainly engaged in designing and manufacturing semiconductor processing equipment used to fabricate integrated circuits. The company operates two divisions: “Systems Revenue” and “Customer support-related revenue.” Most of the semiconductor processing equipment lies under the Systems Revenue business division. The company offers pulsed laser deposition products under the Pulsus Product Family and Reliant Deposition Products.

The company’s key customers are Intel Corp., Kioxia Corp., Micron Technology Inc., Samsung Electronics Co. Ltd., Taiwan Semiconductor Manufacturing Co. Ltd., SK Hynix Inc., and Yangtze Memory Technologies Co. Ltd. On the other hand, key competitors of the company are Applied Materials Inc. (for dielectric and metals deposition market); ASM International and Wonik IPS (for ALD and PECVD market); Applied Materials Inc.; Hitachi Ltd.; and Tokyo Electron Ltd. (for etch market), and Screen Holding Co. Ltd., Semes Co. Ltd., and Tokyo Electron Ltd. (for wet clean market).

It has established manufacturing facilities in the U.S., South Korea, Malaysia, Taiwan, and Austria. Lam Research Corp. has branch offices in the U.S., China, India, Japan, South Korea, Malaysia, Singapore, Taiwan, Austria, Belgium, France, Germany, Ireland, Israel, Italy, Switzerland, the Netherlands, and the U.K.

Financial Highlights (FY 2024)

Company's Business Segments

• Systems Revenue : Systems revenue includes sales of new leading-edge equipment in deposition, etch and clean markets.
• Customer Support-related Revenue and Other : Customer support-related revenue includes sales of customer service, spares, upgrades, and non-leading-edge equipment from the Company’s Reliant product line.