New, cutting-edge facility will leverage the country's
engineering talent pool to accelerate Lam's research and
development of semiconductor manufacturing equipment & related
technologies
BENGALURU, India, Sept. 15,
2022 /PRNewswire/ -- Lam Research Corp. (NASDAQ:
LRCX) today celebrated the opening of the company's new India
Center for Engineering in Bengaluru, the company's most advanced
facility in the country to date. The new lab will focus on the
research and development (R&D), engineering and testing of
wafer fabrication hardware and software used in the creation of
next-generation DRAM, NAND and logic technologies, and will be an
integral part of the company's leading-edge global network of
labs.
Lam Research opens India Center for
Engineering to expand global R&D lab network and advance next
gen of chip technology
"We are proud to build on our long-standing presence in
India with the opening of our new,
world-class Center for Engineering," said Tim Archer, president and CEO of Lam Research.
"This important facility is an expansion of Lam's R&D
operations and will play a critical role in the creation of new
technologies needed in a time of rising semiconductor manufacturing
complexity. It enables us to capitalize on the tremendous pool of
technical talent in India as we
strive to solve our customers' biggest challenges."
At the new lab, engineers will span a range of disciplines, from
plasma and materials science to artificial intelligence and
software controls. Featuring state-of-the-art design and testing
equipment, Lam engineers in India
can design, test, and validate new deposition and etch technologies
on site rather than sending them to other locations, thereby
offering the potential to significantly shorten the design cycle.
The new lab will also feature virtual reality facilities to connect
with other engineers around the globe.
"Since opening our first facility in India two decades ago, the ingenuity and
dedication of our engineering and operations teams here have been
key to the development of innovations that have helped propel the
advancement of semiconductor technology," said Rangesh Raghavan, Lam Research's India corporate vice president and general
manager. "I would like to thank our employees in India and around the world for their work to
help to make this new, state-of-the art facility a reality."
In addition to the new center, Lam currently operates two
additional facilities in Bengaluru largely dedicated to software
and hardware engineering and support for Lam's global manufacturing
operations.
At today's opening ceremony, Lam also announced scholarships for
three female students to pursue their engineering studies as part
of Lam's ongoing commitment to inspiring and supporting future
science, technology, engineering and math talent, including
potential opportunities for the semiconductor industry in
India.
About Lam
Research
Lam Research Corporation is a global supplier of innovative
wafer fabrication equipment and services to the semiconductor
industry. Lam's equipment and services allow customers to build
smaller and better-performing devices. In fact, today, nearly every
advanced chip is built with Lam technology. We combine superior
systems engineering, technology leadership, and a strong
values-based culture, with an unwavering commitment to our
customers. Lam Research (Nasdaq: LRCX) is a FORTUNE 500® company
headquartered in Fremont, Calif.,
with operations around the globe. Learn more at
www.lamresearch.com.
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 created by the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements relate to, but
are not limited to: the role that the new facility will play in
creating new technologies, the number and qualifications of its
workers, and the future complexity of semiconductor technology.
Some factors that may affect these forward-looking statements
include the business, political and/or regulatory conditions in the
consumer electronics industry, the semiconductor industry and the
overall economy; the actions of our customers and competitors may
be inconsistent with our expectations; labor and regulatory changes
in India and around the world; as
well as the other risks and uncertainties that are described in the
documents filed or furnished by us with the Securities and Exchange
Commission, including specifically the Risk Factors described in
our annual report on Form 10–K for the fiscal year ended
June 26, 2022. These uncertainties
and changes could materially affect the forward-looking statements
and cause actual results to vary from expectations in a material
way. The Company undertakes no obligation to update the information
or statements made in this release.
Company Contacts:
Usha Mariyappa
Media Relations
080-46420300
usha.mariyappa@lamresearch.com
Ram Ganesh
Investor Relations
(510) 572-1615
investor.relations@lamresearch.com
Source: Lam Research Corporation, (Nasdaq:
LRCX-B)
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SOURCE Lam Research Corporation