-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WlwyfOPf4dl8PQxuIH8Slj1larlr1/xV6f3EaqCltdEP8PdhaAI5teXFjQMhISdR bD5lhRhyRl38jktnAEJCpA== 0000891618-98-004953.txt : 19981118 0000891618-98-004953.hdr.sgml : 19981118 ACCESSION NUMBER: 0000891618-98-004953 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981112 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19981116 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LAM RESEARCH CORP CENTRAL INDEX KEY: 0000707549 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY, NEC [3559] IRS NUMBER: 942634797 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-12933 FILM NUMBER: 98750073 BUSINESS ADDRESS: STREET 1: 4650 CUSHING PKWY CITY: FREMONT STATE: CA ZIP: 94538 BUSINESS PHONE: 5106590200 MAIL ADDRESS: STREET 1: 4650 CUSHING PARKWAY CITY: FREMONT STATE: CA ZIP: 94538 8-K 1 FORM 8-K 1 ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 12, 1998 LAM RESEARCH CORPORATION (Exact name of registrant as specified in its charter)
DELAWARE 000-12933 94-2634797 (State or Other Jurisdiction of (Commission File Number) (IRS Employer Identification No.) Incorporation)
4650 CUSHING PARKWAY, FREMONT, CALIFORNIA 94538 (Address of Principal Executive Offices) (510) 659-0200 (Registrant's Telephone Number, Including Area Code) Not Applicable (Former Name or Former Address, if Changed Since Last Report.) 2 ITEM 5. OTHER EVENTS On November 12, 1998, Lam Research Corporation (the "Company") announced a reduction in its workforce and that it will record a restructuring charge against financial results for the quarter ending December 31, 1998. Attached hereto as Exhibit 99.1 is the Company's press release, dated November 12, 1998. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (c) Exhibits 99.1 Lam Research Corporation Press Release, dated November 12, 1998. 2 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DATED: November 13, 1998 LAM RESEARCH CORPORATION By: /s/ Richard H. Lovgren --------------------------------- Name: Richard H. Lovgren Title: Vice President, Secretary and General Counsel 3 4 EXHIBIT INDEX
Exhibit No. Description ----------- ----------- 99.1 Lam Research Corporation Press Release dated November 12, 1998.
EX-99.1 2 LAM RESEARCH CORPORATION PRESS RELEASE 1 EXHIBIT 99.1 FOR IMMEDIATE RELEASE Contacts: Lisa Garber Kathleen Bela Corporate Communications Investor Relations Lam Research Corporation Lam Research Corporation Phone: 510/572-4538 Phone: 510/572-4566 Fax: 510/572-2935 Fax: 510/572-6454 e-mail: lisa.garber@lamrc.com e-mail: kathleen.bela@lamrc.com LAM RESEARCH CORPORATION ANNOUNCES REDUCTION IN WORK FORCE FREMONT, Calif., November 12, 1998--Lam Research Corporation (Nasdaq: LRCX), a leading supplier of wafer fabrication equipment to the worldwide semiconductor industry, today announced that it has reduced its work force by approximately 500 employees. These reductions, which primarily affect manufacturing and corporate support activities, are part of the company's previously disclosed plans to evaluate its cost structure and employment levels. The company will record a restructuring charge against financial results for the quarter ending December 31, 1998. "We will continue to preserve key research and development programs, customer support activities and fund our strategic priorities in order to take advantage of market opportunities," stated James W. Bagley, Lam's chairman and chief executive officer. "Safe Harbor" Statement under the private Securities Litigation Act of 1995: Except for historical information, this press release contains certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, which statements are subject to the Safe Harbor provisions created thereunder. Such forward-looking statements include, but are not limited to, statements that relate to the company's future revenue and operating expenses, management's plans and objectives for future operations, the effect of any contemplated consolidation or restructuring of operations on the company's future profitability, and a continued downturn in the semiconductor market. Such statements are based on current expectations that may involve other risks detailed from time to time in the company's SEC reports, including the report on Form 10-K for the year ended June 30, 1998 and the Form 10-Q for the quarter ended September 30, 1998. The company assumes no obligation to update the information in this release. Lam Research Corporation is a leading supplier of wafer fabrication equipment and services to the world's semiconductor industry. Lam's headquarters are located in Fremont, California. The company's common stock trades on the Nasdaq National Securities Market under the symbol "LRCX." Lam's World Wide Web address is "http://www.lamrc.com." -----END PRIVACY-ENHANCED MESSAGE-----