SUBJECT-0665.dossier
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company
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status: active
Stated vs Revealed
No documented contradictions on file.
Key Connections
oversight
MOTIE oversees regulations affecting Lam Research Manufacturing Korea's semiconductor equipment operations
Facts (16)
Data Freshness
Ageing
Last update: 160d ago · Avg age: 671d
Confidence Tiers:
Primary Source — cross-referenced government/corporate filings
Pending Review — sourced but not independently verified
AI Inference — analytical hypothesis from cross-referencing
✓ Verified Findings (11)
Independently re-checked: a second model read the source artifact and confirmed it supports the extracted claim.
✓ verified
Partially Corroborated
Lam Research CEO Tim Archer gave a keynote at Semicon Korea 2026 stating 'We wouldn't have been able to do it without South Korea' and pledging to 'accelerate disruptive innovation with South Korean companies.'
✓ verified
Primary Source
Lam Research has operated in South Korea since 1989, establishing its first Korean subsidiary (Lam Research Korea) that year. Over 35 years it expanded from sales/service to manufacturing (LMK, 2011), R&D (Lam Research Korea Technology Center, Yongin, 2022), and the Yongin Campus (2024). Korea accounts for approximately 20% of Lam Research's global revenue (23% in Q3 FY2026).
✓ verified
Primary Source
LMK is classified as an SME (중소기업) under Korean law despite its nearly ₩2 trillion revenue, registered as a 'general corporation' (일반법인) with 486 employees as of Korean government records. Representatives listed: Park Joon-hong and Peter Allen Onouski.
✓ verified
Primary Source
Park Joon-hong (박준홍) was appointed president of Lam Research Korea, Lam Research Manufacturing Korea, and Lam Research Korea Technology in January 2024, succeeding Lee Sang-won. Park previously held key positions as chief technology executive of etching and head of customer relations, with Samsung being his primary customer.
✓ verified
Primary Source
Of LMK's ₩1.978 trillion in revenue for FY2025, ₩1.953 trillion (98.7%) was registered to Lam Research International Sdn Bhd in Malaysia, effectively routing the vast majority of added value offshore. Lam Research Korea's sales subsidiary also extended a ₩748.5 billion interest-free, unsecured loan to the same Malaysian affiliate.
✓ verified
Primary Source
In FY2025 (ending June 30, 2025), LMK posted revenue of ₩1,977.5 billion (approx. $1.43 billion), operating profit of ₩129.4 billion, and net income of ₩102.4 billion, per Korean government corporate filings. Total assets were ₩863.9 billion with total equity of ₩398.3 billion.
✓ verified
Primary Source
LMK shipped its 10,000th process module — a Flex® GL to a foundry/logic customer — in May 2023. It joins Lam's manufacturing sites in Livermore, Tualatin, and Taiwan in achieving this milestone. The achievement was announced alongside CEO Tim Archer's participation in a U.S.-Korea CEO Roundtable hosted by South Korean President Yoon Suk Yeol.
✓ verified
Primary Source
LMK manufactures semiconductor etch subsystems, stainless steel fluid delivery components, insulated RF power cables, and assembles etch and deposition tools across its full product portfolio. Over 300 employees work in manufacturing operations spanning Osan, Yongin, and Hwaseong-si.
✓ verified
Primary Source
In October 2013, Lam Research International B.V. acquired the remaining 60% stake in Charm Engineering's Corus Manufacturing Ltd. (later renamed LMK) for ₩22.1 billion (approximately $20.57 million), making it a wholly owned subsidiary. Charm Engineering had previously acquired Sossl's bevel etcher technology, which became the basis for Lam's bevel etcher patents.
✓ verified
Primary Source
Lam Research Manufacturing Korea, LLC was established on August 8, 2011 as a South Korean LLC (유한회사). Its registered address is 14-9 Gajangsaneopdong-ro, Osan-si, Gyeonggi-do, 18103, Republic of Korea, with capital of ₩34.16 billion.
✓ verified
Partially Corroborated
Lam Research Manufacturing Korea filed filing with the SEC on 2024-08-29. Accession number: N/A.
All Connections (6)
customer relationship
inferential
since 2024
Park Joon-hong had Samsung as his primary customer while serving as head of customer relations.
industry association
inferential
since 2026
Lists near Lee Chang-yang in semiconductor equipment context.
competitor
inferential
since 2022
Hanmi Semiconductor's semiconductor equipment manufacturing business competes with Lam Research in the Asian semiconductor equipment market.
oversight
primary
since 2024
MOTIE oversees regulations affecting Lam Research Manufacturing Korea's semiconductor equipment operations
oversight
secondary
The U.S. Commerce Department's BIS controls exports of Lam Research's equipment technology. In 2024, BIS investigated Ronda Korea for potentially selling parts using Lam Research technology to sanctioned Chinese companies. BIS export controls on advanced semiconductor equipment to China directly impact LMK's parent company's revenue.
oversight
inferential
since 2026
Lam Research produces semiconductor manufacturing equipment that may be classified under ECCN 3B001.
Sources (23)
2026-05-10
UNVERIFIED SEARCH_ERROR: Lam Research Manufacturing Korea not found in opencorporates
claim_flag
Processed
📜 Receipt
2026
UNVERIFIED Research: Lam Research Manufacturing Korea — Parliamentary records (no results)
parliamentary_record
Processed
📜 Receipt
2026
UNVERIFIED Research: Lam Research Manufacturing Korea — Court records (no results)
court_document
Processed
📜 Receipt
2026
UNVERIFIED Research: Lam Research Manufacturing Korea — Lobbying disclosures (no results)
government_disclosure
Processed
📜 Receipt
2026
UNVERIFIED Research: Lam Research Manufacturing Korea — Corporate registrations (no results…
government_disclosure
Processed
📜 Receipt
2026
UNVERIFIED Research: Lam Research Manufacturing Korea — USASpending contracts (no results)
contract
Processed
📜 Receipt
