It's not uncommon for chip makers in need of critical manufacturing equipment to go on the Lam. Lam Research is a top maker of semiconductor processing equipment. The company's products address two key steps in the chip-making process. Its plasma etch machines are used to create tiny circuitry patterns on silicon wafers. Lam also makes cleaning equipment that keeps unwanted particles from contaminating processed wafers. The company's customers include many large chip makers, such as Hynix Semiconductor (about 14% of sales), Samsung Electronics (also 14%), STMicroelectronics, and Toshiba. About three-quarters of the company's sales are to customers in the Asia/Pacific region, primarily in Taiwan and South Korea.
Sector: Technology
Industry: Electronics