Question

What is Lam Research Corporation's competitive advantage?

Answer 1

Lam Research Corporation is a leading firm in the semiconductor equipment and materials. It's competitive advantages are:

1) By innovating new products, Lam Research Corporation is gaining competitive advantage. New products attracts new customers and also give old customers a reason to buy it.

2) By maintaining a standard and investing on research and development, Lam Research Corporation is able maintain a unique position in the industry.

3) It has been able to maintain it's position strong by building a sustainable differentiation.

4) Lam Research has been able to grow its bottom line by controlling its costs. Controlling costs is one of the major advantages of Lam Research.

5) It has made its position strong by building a strong customer database. It's been able to study the core need of the customer and maintain a satisfied list of happy customers which is somehow difficult for its competitors to beat.