Lam Research Corporation
 |
|
| Public | |
| Traded as |
NASDAQ: LRCX NASDAQ-100 Component S&P 500 Component |
| Industry | Semiconductor equipment |
| Founded | 1980 |
| Founder | David K. Lam |
| Headquarters | Fremont, California, United States |
|
Key people
|
Martin Anstice, CEO and President Stephen G. Newberry, Chairman of the Board |
| Products | Semiconductor manufacturing products |
| Revenue |
|
|
|
|
|
| Total assets |
|
| Total equity |
|
|
Number of employees
|
9,100 (2017) |
| Website | www |
US$ 5,259.312 million (2015) Lam Research Corporation is an American corporation that engages in the design, manufacture, marketing, and service of semiconductor processing equipment used in the fabrication of integrated circuits. Its products are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices (transistors, capacitors) and their wiring (interconnects). The company also builds equipment for back-end wafer-level packaging (WLP), and for related manufacturing markets such as for microelectromechanical systems (MEMS).
Lam Research was founded in 1980 by Dr. David K. Lam and is headquartered in Fremont, California, in the Silicon Valley.
Lam Research was founded in 1980 by David K. Lam, a Chinese-born engineer who had previously worked at Xerox, Hewlett-Packard and Texas Instruments. It was while he was at Hewlett Packard that he saw the need for better plasma etching equipment, to keep up with the rapid miniaturization of semiconductor wafers. He credited Bob Noyce, founder of Intel, for assisting him in getting funding by ensuring his business plan made sense.
In 1981, the company introduced its first product, the AutoEtch 480, an automated polysilicon plasma etcher. The name AutoEtch was chosen to convey that the etcher was automated, while the 80 in 480 came from 1980, the year the company was founded. The first system was sold in January 1982. In 1982, Roger Emerick was appointed CEO.
In May 1984, the company issued an IPO and was listed on NASDAQ, with the symbol LRCX. In 1985, David Lam left the company to join Link Technologies, which eventually was bought by Wyse and is now Dell Wyse. In the mid-1980s, Lam Research continued its global expansion, concentrating on Taiwan and also opening customer support centers throughout Europe, the United States and Japan.
By the early 1990s, the company had a presence in China, Korea, Singapore, and Taiwan. In March 1997, the company purchased OnTrak Systems Inc., a chip equipment manufacturer that specialized in chemical-mechanical planarization (CMP) cleaning, for $225 Million. CMP cleaning is a hybrid process to smooth surfaces using both etching and mechanical polishing. In August 1997, the company named OnTrak's CEO Jim Bagley as its CEO. In 1998, Bagley was named chairman of the board.
...
Wikipedia