The breakdown by application and market segment was as follows. Applications for the 4x technology node and below represented 91% of overall system shipments, and the memory segment accounted for 40% of all systems shipments, with NAND at 30% and DRAM at 10%. Foundry accounted for 53% of overall system shipments, while logic and other constituted the balance of 7%.March quarter revenues came in at the high end of our guidance range at $659 million, up 13% over the prior quarter. Non-GAAP gross margin was at 40.9%, up sequentially from 40.1% and is consistent with our expectations of customer concentration and mix, offsetting improvements in factory utilization from the increased business levels.
Lam Research's CEO Discusses Q3 2012 Results - Earnings Call Transcript
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