Lam Research To Invest Rs 10,000 Cr

Bengaluru: Global semiconductor equipment manufacturing firm, Lam Research has committed an investment of over Rs10,000 crore in Karnataka over the next few years, officials said on Wednesday.

According to an official statement, the company has signed a memorandum of understanding with the Government of Karnataka to earmark a land parcel owned by KIADB (Karnataka Industrial Areas Development Board) for the planned investment.