Lam Research Corporation (Lam Research) is a supplier of wafer fabrication equipment and services to the worldwide semiconductor industry. The Company designs, manufactures, markets, and services semiconductor processing equipment used in the fabrication of integrated circuits. Semiconductor wafers are subjected to a complex series of process and preparation steps that result in the simultaneous creation of many individual integrated circuits. Its etch and clean technologies enable customers to build integrated circuits. Lam Research’s etch systems shape the microscopic conductive and dielectric layers into circuits that define a chip’s final use and function. Its portfolio of single-wafer clean technologies allows its customers to implement customized yield-enhancing solutions.