FREMONT,
Calif., Sept. 23, 2024 /PRNewswire/ -- Lam
Research Corp. (Nasdaq: LRCX) today announced this year's
recipients of its annual Supplier Excellence Awards, recognizing
nine companies from around the world for performance across a
range of categories. Lam's close collaboration with the awardees
enables it to deliver a resilient, agile and sustainable supply
chain to serve customers.
"A strong and scalable supply chain is essential to accelerating
innovation, overcoming challenges and enabling our customers to
meet increasing demand for next-generation chips," said
Karthik Rammohan, group vice
president and head of global operations, Lam Research. "We commend
our 2024 Excellence Award recipients for their demonstrated
commitment to outstanding quality, operational execution, and
environmental and social principles."
Lam Supplier Excellence Award Winners
Lam engages
with thousands of suppliers around the world to responsibly source
the specialized materials and components needed for its
semiconductor manufacturing equipment. Lam's 2024 Supplier
Excellence Awards were presented in a ceremony last week to select
supply chain partners in five key categories.
- Recipients of the Excellence in Operational Execution (No
Demand Unmet) Award demonstrated proactive and adaptable
delivery, strong investments in inventory strategies and localized
manufacturing, and outstanding customer support. The two companies
awarded were Celestica Electronics SDN. BHD and Texon Co.
Ltd.
- TOTO Ltd. was honored with the Environmental, Social
and Governance (ESG) Excellence Award for their demonstrated
commitment to ESG principles, including advocating for human rights
across the supply chain.
- Easys s.r.o. received Lam's Excellence in Quality
Award for high-yield performance, consistency of quality
standards, methodologies and processes, as well as for their
installation and warranty support.
- CryoWest, Inc. and Venture Corporation Limited
were recognized with a Rapid Prototype Materials Performance
Award for exceptional support, responsiveness, and on-time
delivery, which enabled Lam to provide solutions faster to meet
customer needs.
- The New Product Introduction Performance Award honorees
demonstrated outstanding agility, operating responsively in Lam's
dynamic development environment. These suppliers delivered speed to
solutions through their value chain for Lam to meet customer
requirements. The three companies who received this honor were
INFICON AG, TOKAI CARBON KOREA, and Times Microwave
Systems, Inc., an Amphenol Company.
Lam works across its complex global supply chain network to
cultivate strong relationships built on shared values,
transparency, and mutual trust. As part of Lam's principle to "act
with purpose for a better world," it seeks to hold suppliers
accountable for conducting business responsibly and ethically
regarding human rights, environmental impact and responsible
mineral sourcing. Since 2022, Lam has engaged its top-tier direct
suppliers in environmental sustainability opportunities through
Lam's climate pledge, training and events. Lam also continues
to work with its top suppliers to set their own science-based
emissions-reduction targets and roadmaps.
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: market and industry segment demand and
expectations; the resilience, agility and sustainability of our
supply chain; the responsibility or sustainability of the materials
sourced as part of our supply chain; the performance of our
suppliers; and our engagement with suppliers on sustainability
issues. Some factors that may affect these forward-looking
statements include: trade regulations, export controls, trade
disputes, and other geopolitical tensions 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; the
actions of our customers and competitors may be inconsistent with
our expectations; supply chain cost increases and other
inflationary pressures have impacted and may continue to impact our
profitability; supply chain disruptions or manufacturing
capacity constraints may limit our ability to manufacture and sell
our products; and natural and human-caused disasters, disease
outbreaks, war, terrorism, political or governmental unrest or
instability, or other events beyond our control may impact our
operations in affected areas; 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 30, 2024. 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