Lam Research expects to take a $2-2.5 billion revenue hit following the US restrictions on exporting equipment and support services to China. “We have taken the necessary steps to ensure full compliance with the rules and have ceased shipments and support as required,” says CEO Timothy Archer. Lam gets 30% of its revenue from China. ...
The post Lam Research to take $2-2.5bn China hit appeared first on Electronics Weekly.
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