Lam Research Corporation is a leading supplier of wafer fabrication equipment and services to the semiconductor industry, with a strong global presence and core competencies in areas such as nanoscale applications, chemistry, and plasma. The company's primary revenue streams are from the sale of its equipment and related services, which are used by leading semiconductor manufacturers to produce various electronic products. Lam Research's competitive advantages include its technological leadership, strong customer relationships, and a broad range of products and services.