CRO Magazine Names Lam Research to 100 Best Corporate Citizens for 2007.Lam Research Lam Research Corporation (NASDAQ: LRCX) engages in the design, manufacture, marketing, and service of semiconductor processing equipment used in the fabrication of integrated circuits. Climbs 58 Places to number 20 and Recognized for Third Consecutive Year FREMONT, Calif. -- Lam Research Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :LRCX), a major supplier of wafer fabrication Wafer Fabrication is a procedure composed of many repeated sequential processes to produce complete electrical or photonic circuits. Examples include production of radio frequency (RF) amplifiers, LEDs, optical computer components, and CPUs for computers. equipment and services to the world's semiconductor industry, has been named number 20 on the 2007 "100 Best Corporate Citizens" list by CRO magazine. Naming Lam for the third consecutive year, the CRO list recognizes companies with exemplary practices in the area of corporate social responsibility. Published annually, CRO creates the list by evaluating more than 1,100 of the largest U.S. publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . Companies are ranked based on their performance in serving eight stakeholder stakeholder n. a person having in his/her possession (holding) money or property in which he/she has no interest, right or title, awaiting the outcome of a dispute between two or more claimants to the money or property. categories: shareholders, community, governance, diversity, employees, environment, human rights, and product. "We're proud that Lam Research has been recognized by CRO for excellence in corporate values and ethics for three years running and for our climb this year to the number 20 spot," stated Steve Newberry, president and chief executive officer of Lam. "Our achievement is a testament to Lam's employees, who embody our values-based culture through their interactions with customers, suppliers, the community and the environment." The 100 Best Corporate Citizens list was developed by Business Ethics business ethics, the study and evaluation of decision making by businesses according to moral concepts and judgments. Ethical questions range from practical, narrowly defined issues, such as a company's obligation to be honest with its customers, to broader social magazine, which was incorporated last year into The CRO (www.thecro.com), a premier membership organization for Corporate Responsibility Officers. ABOUT LAM RESEARCH Lam Research Corporation, one of Fortune magazine's "100 Fastest-Growing Companies" in 2006, is a major supplier of wafer fabrication equipment and services to the world's semiconductor industry. Number one in market share for dry etch systems, Lam is rapidly expanding into adjacent market areas. Lam's commitment to social responsibility has been recognized on Business Ethics/CRO's 100 Best Corporate Citizens list for the last three years. Lam employs over 2,600 in Asia, Europe, and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and generated $2.2 billion in revenue in 2006. Lam's common stock trades on The NASDAQ National Market[R] under the symbol LRCX. Lam is a NASDAQ-100[R] company. For more information visit http://www.lamresearch.com. |
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