FREMONT,
Calif., Sept. 7, 2023 /PRNewswire/ -- Lam Research
Corp. (Nasdaq: LRCX) today announced the honorees of its 2023
Supplier Excellence Awards, recognizing 12 companies across several
categories whose close collaboration helped Lam drive a resilient,
scalable supply chain to meet its customers' needs.
Lam works across its complex supply chain
network to cultivate strong relationships built on shared values,
transparency, and mutual trust.
"At a time when semiconductors have never been more critical,
having a trusted, robust and agile supplier ecosystem is imperative
to our ability to continue to drive breakthrough solutions that
enable our customers to create the next generation of devices,"
said Pat Lord, executive vice
president and chief operating officer, Lam Research. "We are
appreciative of the outstanding efforts from all of our suppliers,
and are pleased to recognize the 12 top performers who went above
and beyond this past year to help us deliver on our commitments to
customers."
Lam engages with thousands of suppliers around the world to
source the specialized materials and components needed for its
semiconductor manufacturing equipment. Lam's 2023 Supplier
Excellence Awards were given for demonstrating excellence across
four categories: Ownership and Accountability; Long Term Commitment
and Investment; Rapid Prototype Materials Performance; and New
Product Introduction Performance.
Supplier Excellence Award Winners
The Ownership & Accountability award was presented to
companies that met their commitments to Lam with exceptional
management of their sub-tier performance. The five honorees for
this category were BizLink Technology, Inc.; Faeth
Group; TOTO Ltd.; Valqua America, Inc.; and
VAT Group AG.
Recipients of the Long Term Commitment & Investment award
met Lam's requirements through proactive investments of capital,
capacity, and organization structure. The four companies awarded
were MASS Precision Inc.; Pentagon Technologies;
Shimadzu Industrial Equipment USA; and Wonik QnC Corporation.
New World Machining Inc. received Lam's Rapid Prototype
Materials Performance award for its outstanding support,
responsiveness, and on-time delivery to enable Lam to provide
faster solutions to customers.
The New Product Introduction Performance awardees were highly
agile, operating responsively in Lam's dynamic development
environment. They delivered speed to solutions through their value
chain enabling Lam to meet its customers' timing and technology
requirements. The two companies who received this honor were
B&B Manufacturing and TK-Fujikin Corporation.
The awardees were acknowledged during Lam's Supplier Day event
held on Sept. 6, 2023.
Lam works across its complex supply chain network to cultivate
strong relationships built on shared values, transparency, and
mutual trust. The company holds suppliers accountable for
conducting business responsibly and ethically with regard to human
rights, environmental impact, supplier diversity, and mineral
sourcing. In 2022 Lam engaged 100% of its top-tier suppliers in
sustainability opportunities through Lam's climate pledge,
training, and events.
Media Resources:
- Lam's approach for a Responsible Supply Chain
About Lam Research
Lam Research Corporation (NASDAQ: LRCX) 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 is a FORTUNE 500® company headquartered in
Fremont, California, 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: Lam's ability to meet all of its
customers' needs, Lam's ability to provide faster solutions to
customers, the future performance of Lam or its suppliers and the
strength of Lam's relationships with its suppliers. Some factors
that may affect these forward-looking statements include:
government actions such as trade regulations, and export controls;
trade disputes, and other geopolitical tensions that may inhibit
our ability to sell our products; business, political and/or
regulatory conditions in the consumer electronics industry, the
semiconductor industry and the overall economy may deteriorate or
change; and technology demands and capabilities may not result in
the changes that we anticipate, which are required for us to meet
our future goals; 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 25, 2023. 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:
Laura Bakken
Media Relations
(510) 572-5029
publicrelations@lamresearch.com
Ram Ganesh
Investor Relations
(510) 572-1615
investor.relations@lamresearch.com
Source: Lam Research Corporation, (Nasdaq: LRCX)
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SOURCE Lam Research Corporation