Lam Research Expected to Buy Nearly 2 Trillion Won of Korean Parts This Year

At a glance

Lam Research, a major maker of chipmaking equipment, is expected to buy about 2 trillion won worth of parts from Korean companies this year. That is double last year's roughly 1 trillion won. Korean-made parts are used in equipment sold not only to Samsung Electronics and SK hynix but also to overseas chipmakers such as TSMC and Micron.

Key points

1. 1

   Lam Research bought about 1 trillion won of parts from Korean firms last year.

2. 2

   This year's purchases are expected to double to about 2 trillion won.

3. 3

   Korean parts makers such as Dongwon Parts, TCK, and Wonik QnC expect to benefit.

4. 4

   Lam Research has a supply chain with about 100 Korean companies.

Why it matters

Korean parts makers may benefit from rising demand for overseas chip equipment, which shows how local suppliers are growing.