Lam Receives A Significant Order For Multiple Systems From Samsung FREMONT, Calif., February 24, 1999 - Lam Research Corporation (Nasdaq: LRCX), a leading supplier of wafer fabrication equipment to the worldwide semiconductor industry, today announced that it has received a significant order for metal, polysilicon, and dielectric etch as well as CMP cleaning systems from Samsung Electronics Co., Ltd. of Korea. The order includes Lam’s TCPTM 9600PTX high-density metal etch systems, TCP 9400PTX high-density polysilicon etch systems, RainbowTM 4520 oxide etch systems and Rainbow 4420XL conductor etch systems, each configured on the AllianceTM multichamber platform, and SynergyTM Integra CMP cleaning systems.
Shipments are expected to begin in March 1999.
“Lam’s demonstrated leadership and technical expertise in etch and post-CMP cleaning will play a critical role in Samsung’s most advanced production lines and devices. In addition, the Cost of Ownership advantages of Lam’s products were a key factor in the selection process,” said Way Tu, President of Lam’s Asia Operations.
“We are delighted that Samsung has selected Lam to provide leading-edge products and services for their newest production line. This multi-system order reflects the long-standing partnership between our two companies. We are pleased to continue supporting one of the of world’s leading semiconductor device manufacturers,” Tu concluded.
Samsung Electronics Co., Ltd., with 1998 sales revenue of approximately billion is a world leader in electronics, with operations in more than 50 countries and 60,000 employees worldwide. The company consists of three main business units: Multimedia and Home Appliances, Semiconductors, and Information and Telecommunications.
Lam Research Corporation is a leading supplier of wafer fabrication equipment and services to the world’s semiconductor industry. Lam’s headquarters are located in Fremont, California. The company’s common stock trades on the Nasdaq National Securities Market under the symbol “LRCX.”.
This press release contains certain forward-looking statements which are subject to the Safe Harbor provisions created by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to anticipated product shipments under existing orders, shipment schedules, the prospective demand for the company’s products, acceptance and competitiveness of the company’s products and market transition to new processes. Such statements are based on current expectations and are subject to risks, uncertainties, and changes in condition, as detailed in documents filed with the Securities and Exchange Commission, including specifically the report on Form 10-K for the year ended June 30, 1998, and the Form 10-Q for the quarter ended December 31, 1998. The company undertakes no obligation to update the information in this Press Release.