Lam Research Corporation

10/14/2024 | Press release | Distributed by Public on 10/14/2024 14:47

Lam’s Yongin Campus: A Pulse in the Heart of the K-Semiconductor Mega Cluster

On Tuesday, October 8,Tim Archer, president and CEO of Lam Research, and Joon Park, regional vice president of Lam Research Korea, celebrated the grand opening of Lam's new Yongin Campus in South Korea's K-semiconductor mega cluster, joined by 130 distinguished guests. This new facility aims to deepen partnerships with customers, suppliers, universities, and research institutions, driving innovation and collaboration across the semiconductor ecosystem.

Caution Regarding Forward-Looking Statements
Statements made in this article 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 potential impact of our new campus on (i) technology development, (ii) the surrounding region, and (iii) our partnerships with stakeholders; the future growth of the semiconductor industry in South Korea; future workforce demand; and our continued partnership with certain customers and suppliers. 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 article.