Lam Research Eyes Vietnam To Diversify Supply Chain Away From China: Report

Lam Research Corp is diversifying its supply chain amid concerns about U.S. export controls in China. The company is exploring partnerships in Vietnam's semiconductor industry, with potential collaborations with a South Korean company. This move aims to reduce reliance on China, which accounted for 26% of its income in 2023. Analysts have mixed views on the impact of these strategic shifts. Stock traded 0.61% higher at $988.60 premarket.

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FAQs: Lam Research Eyes Vietnam To Diversify Supply Chain Away From China: Report

Frequently Asked Questions

Q1: What is Lam Research Corporation doing in response to U.S. export controls?

A1: Lam Research Corporation (NASDAQ:LRCX) is reportedly exploring supply chain diversification in response to concerns over U.S. export controls.

Q2: Why is Lam Research considering Vietnam for supply chain diversification?

A2: Vietnam is being considered for its potential to provide a more diversified and resilient supply chain, reducing dependence on China amid geopolitical tensions and trade issues.

Q3: Has Lam Research made a definitive decision to move its supply chain to Vietnam?

A3: The TradingView report indicates that Lam Research is exploring options, but there is no confirmation of a final decision at this time.

Q4: What could be the impact of supply chain diversification on Lam Research?

A4: Diversifying the supply chain could potentially mitigate risks associated with over-reliance on a single country, ensure business continuity, and comply with regulatory requirements.

Q5: When was the report about Lam Research's exploration into supply chain diversification published?

A5: The report regarding Lam Research's supply chain diversification efforts was published 17 hours ago from the provided search result timestamp.

For more detailed information, you can read the full article on TradingView: Link to article