Lam Research agrees to invest US$1.2 billion in India
Business news
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By
Peter Clarke
Semiconductor manufacturing equipment maker Lam Research has said it plans to spend US$1.2 billion setting up facilities in Bengalaru, India, over the next few years, according to reports.
Multiple reports say that Lam Research said at an ‘Invest Karnataka’ event that it has signed a memorandum of understanding (MoU) for the investment with the Karnataka Industrial Area Development Board (KIADB).
Lam Research Corp. (Fremont, Calif.) provides chipmaking tools for thin-film deposition, plasma etch, and wet processing in support of the manufacturing of most types of semiconductor discrete devices, ICs and packaging.
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