Recipients Were Recognized for Their Outstanding Performance and World-Class Capability, Commitment, and Collaboration
FREMONT, CA -- (Marketwired) -- Lam Research Corp. (NASDAQ: LRCX), a major global provider of innovative wafer fabrication equipment and services to the semiconductor industry, today announced it has recognized six companies with Supplier Excellence Awards. These awards acknowledge exemplary performance to pre-defined standards, including on-time delivery, quality, cost reduction, and several areas of flexibility and support. Chosen from among Lam's preferred global suppliers, these companies also stood out for their willingness to exceed performance requirements, for example, by rapidly delivering solutions in support of challenging new product introduction cycle times.
Award recipients were announced on October 23 at the company's 10th Supplier Day, during which Lam Research focused on collaboration and creating opportunity for mutual success with its customers and suppliers. Executives from suppliers around the world attended the event, where the following six companies were recognized:
- Cal Weld (Fremont, Calif.)
- Edwards Limited (West Sussex, United Kingdom)
- Jabil Circuit, Inc. (St. Petersburg, Fla.)
- Rapid Manufacturing (Anaheim, Calif.)
- Shinko Electric Industries Co., Ltd. (Nagano, Japan)
- Swagelok Co. (Solon, Ohio)
In addition, MKS Instruments, Inc., (Andover, Mass.) received special recognition for its support and important contributions to integration goals during the Lam-Novellus merger.
"We have an outstanding preferred supplier base that contributes significantly to our capabilities," said Tim Archer, Lam's chief operating officer, "and it is an honor to recognize the achievements of the top six companies with these awards. In the fast-paced, competitive semiconductor industry, close collaboration with suppliers is a key component in Lam's ability to deliver on commitments and provide the innovative solutions our customers need."
About Lam Research
Lam Research Corp. (NASDAQ: LRCX) is a trusted global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam's broad portfolio of market-leading deposition, etch, strip, and wafer cleaning solutions helps customers achieve success on the wafer by enabling device features that are 1,000 times smaller than a grain of sand, resulting in smaller, faster, and more power-efficient chips. Through collaboration, continuous innovation, and delivering on commitments, Lam is transforming atomic-scale engineering and enabling its customers to shape the future of technology. Based in Fremont, Calif., Lam Research is an S&P 500® company whose common stock trades on the NASDAQ® Global Select Market(tm) under the symbol LRCX. For more information, please visit http://www.lamresearch.com. (LRCX-B)
Caution Regarding Forward-Looking Statements
Statements made in this press release that are not of historical fact are forward-looking statements and are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to, but are not limited to, the value provided by Lam's suppliers, the need for cooperation with such suppliers, and Lam's contribution to its customers' ability to shape the future of technology. Such forward-looking statements are based on current beliefs and expectations and are subject to risks, uncertainties and changes in condition, significance, value and effect, including those discussed in Lam's annual report on Form 10-K under the heading "Risk Factors" as well as in other documents filed by Lam with the Securities and Exchange Commission. Such risks, uncertainties and changes in condition, significance, value and effect could cause actual results to differ materially from those expressed herein and in ways not readily foreseeable. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates made and of information reasonably known to Lam as of the dates the statements were made. We undertake no obligation to release the results of any revisions to these forward-looking statements which may be made to reflect events or circumstances which occur after the date hereof or to reflect the occurrence or effect of anticipated or unanticipated events.