Semiconductor Firm Lam Research Plans To Invest Rs 10,000 Crore ($1.2 billion) In India

Sesha Varadarajan, senior vice president of LamResearch, announced that the company signed a memorandum of understanding with Karnataka Industrial Areas Development Board. Through this partnership, the investment will be made in specific projects over the next few years, he said.

Lam Research Corporation is an American supplier of wafer-fabrication equipment and related services to the semiconductor industry. Its products are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices (transistors, capacitors) and their wiring (interconnects). The company also builds equipment for back-end wafer-level packaging (WLP) and for related manufacturing markets such as for microelectromechanical systems (MEMS).