Lam Research Corporation (LRCX) 2019年年度报告「NASDAQ」.pdf

1、A N N U A L R E P O R T 2 0 1 8A N N U A L R E P O R T 2 0 1 9OUR MISSIONLam Research is dedicated to the success of our customers by being the world-class provider of innovative technology and productivity solutions to the semiconductor industryVISION Number one in customer trust Number one in mark

2、et share A company where successful people want to work Best in-class products and services Financial performance to fund the solutions our customers require and provide the return that our shareholders expectCORE VALUES Achievement Honesty and integrity Innovation and continuous improvement Mutual

3、trust and respect Open communication Ownership and accountability Teamwork Think:customer,company,individualLETTER TO OUR STOCKHOLDERSDear Lam Research Stockholders,Lam delivered solid results in fiscal year 2019 despite lower overall wafer fabrication equipment spending.Revenues totaled$9.7 billion

4、,earnings per diluted share reached$13.70,and cash flows from operations were a record$3.2 billion.The strength of these results reflects the technological value delivered by our products and services portfolio as well as our focus on operational flexibility and disciplined spending.We would like to

5、 thank our customers,employees,suppliers,and investors for their partnership and continued commitment to Lams success.While the recent industry environment has been challenging,we believe Lam is uniquely positioned to capitalizeon the compelling long-term growth opportunities being created by the em

6、erging data economy.An importantcatalyst of this evolution is the introduction of fifth generation(“5G”)wireless communication technology,which will eliminate the bandwidth and latency issues that have constrained the growth of data-rich applications suchas virtual reality,cloud gaming,autonomous dr