KLA (NASDAQ:KLAC) (NASDAQ: KLAC) develops process-control and yield-management solutions used by semiconductor and electronics manufacturers. Its systems help customers detect defects, measure and analyze materials and structures, and monitor manufacturing processes throughout the production of integrated circuits and other advanced electronic components.
The company’s product portfolio includes inspection and metrology systems, wafer and reticle inspection equipment, process-control software, data analytics tools, and related services. KLA also supplies solutions for packaging, printed circuit boards, displays and other applications associated with advanced electronics manufacturing. Its products are designed to help manufacturers improve process performance, identify production issues and increase manufacturing yields.
KLA traces its history to the founding of KLA Instruments in 1975 and expanded through the 1997 combination of KLA Instruments and Tencor Instruments. The company was previously known as KLA-Tencor and adopted the name KLA Corporation in 2019. It serves customers globally, with operations and support capabilities across major semiconductor-manufacturing regions in North America, Europe and Asia.
Ahmad Bahai serves as KLA’s president and chief executive officer, while Richard P. Wallace is executive chairman. The company works with semiconductor manufacturers, foundries, memory producers and other electronics companies as they develop and manufacture increasingly complex devices.
