SOURCE: Lam Research Corporation

Lam Research Corporation

August 23, 2016 16:05 ET

Lam Research Announces 2016 Supplier Excellence Award Recipients

Recognition Program Acknowledges Exemplary Supply Chain Performance

FREMONT, CA--(Marketwired - August 23, 2016) - Lam Research Corp. (NASDAQ: LRCX), an advanced manufacturer of semiconductor equipment, today announced it has recognized ten companies with Supplier Excellence Awards. Selected from among Lam's extensive list of preferred global suppliers, the 2016 award winners are notable for their commitment to exceeding performance standards. The awards acknowledge outstanding performance in five categories: overall performance, quality, technology collaboration and innovation, capacity readiness and responsiveness, and speed to solutions.

"We recognize and applaud the contributions of our exceptional preferred suppliers and appreciate the important role they play in supporting the delivery of our industry-leading products and services," said Tim Archer, Lam's chief operating officer. "Lam's ability to deliver on commitments and provide innovative solutions to our customers relies in no small measure on our continued close collaboration with these important suppliers. We are pleased to honor the achievements of these remarkable companies with our 2016 Supplier Excellence Awards."

Award recipients were announced on August 22 at the company's Supplier Day, during which Lam Research focuses on enhancing collaboration and renewing opportunities for mutual success with its customers and suppliers. Executives from suppliers around the world attended the event, where the following ten companies were recognized.

Overall Performance

  • Jabil Circuit, Inc. (St. Petersburg, FL, and Penang, Malaysia)
  • SHINKO Electric Industries Co., LTD (Nagano, Japan)

Quality

  • Greene, Tweed & Co. (Kulpsville, PA, and Hsinchu, Taiwan)
  • Kawasaki Robotics, Inc. (Wixom, MI, and Kobe, Japan)
  • Tosoh Quartz, Inc. (Portland, OR)

Technology Collaboration and Innovation

  • MKS Instruments, Inc. (Andover, MA; Rochester, NY; and Shenzhen, China)

Capacity Readiness and Responsiveness

  • True-Tech Corporation (Fremont, CA)
  • HORIBA, Ltd. (Kyoto, Japan, and Nishihara, Japan)
  • Edwards Vacuum, LLC (Crawley, UK, and Yachiyo-shi, Japan)

Speed to Solutions

  • Calmax Technology, Inc. (Santa Clara, CA)

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, and clean 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, more powerful, 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 a Nasdaq-100 Index® and S&P 500® company whose common stock trades on the Nasdaq Global Select Market℠ under the symbol LRCX. For more information, please visit 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, statements concerning the anticipated benefits of Lam's future collaboration with suppliers. Some important factors that may affect these forward-looking statements include technology changes, supply disruptions and unanticipated events that might affect supplier performance. 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.

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