Product Manager 5

Lam Research

Confirmed live today Trusted
Hybrid

Quick summary

Work type
Hybrid
Location
Fremont, CA
Salary
$125,000–$270,000 / yr
Posted
99 days ago
Freshness
Confirmed live today
Closes
Jan 16, 2027

Market check

Salary context

Competitive pay

How this pay compares to similar roles

Similar $195k
This role $198k
$108k $287k
below market most similar roles pay here above market

This role pays more than 59% of similar roles. Most pay $175,375–$215,025 — the blue band above. At the midpoint, this role pays about $198k versus about $195k for comparable roles.

Based on 240 similar postings.

Employer

About Lam Research

Lam Research Corporation is a leading American supplier of wafer-fabrication equipment and services to the global semiconductor industry.

Lam Research currently has 137 open roles on FindRole.

Listed pay typically runs $114,000–$253,000 across 82 roles with salary data.

Most-posted roles

View all roles at Lam Research

At a glance

TL;DR · Product Manager 5

The Product Manager 5 joins the Global Products Group to oversee the design and engineering of etch and deposition products for the semiconductor industry. This role manages the entire product lifecycle, from initial definition and planning to production release, upgrades, and end-of-life. Key responsibilities include defining product strategies, managing financial reserve funds, overseeing unreleased product proliferation, and coordinating cross-functional teams to mitigate production impacts. The candidate will utilize the Product Option Architecture system, iPLM, and BOM change orders to manage product changes and pricing. Success requires expertise in semiconductor capital equipment, specifically regarding wafer handling and mechatronics systems. The role involves leading technical teams to solve complex manufacturing challenges while ensuring cost considerations remain central to all design and product definition decisions.

What does a Product Manager earn in California?

Median $222500 from 327 postings across 57 companies.

See salary data

What you'll do

  • Manage the entire product lifecycle from initial definition and planning to production release and end-of-life.
  • Prioritize programs and projects to allocate resources in alignment with organizational objectives.
  • Define and communicate product offerings through the Product Option Architecture system and approve product changes.
  • Manage unreleased product proliferation by capturing early forecasts, shipment plans, and approving critical design reviews.
  • Define and manage financial reserve funds to support field enhancements and business objectives.
  • Review and disposition BOM change orders and NSRs while providing rationale to justify pricing decisions.
  • Lead cross-functional teams to mitigate customer production impacts and address safety issues.
  • Monitor and manage product costs in collaboration with supply chain and engineering teams.

What we're looking for

  • Minimum of 12 years of related experience with a Bachelor’s degree; or 8 years with a Master’s degree; or a PhD with 5 years experience; or equivalent experience.
  • Experience in the semiconductor capital equipment industry (preferred).
  • Familiarity with wafer handling and/or mechatronics systems (preferred).
  • Supervisory or management experience (preferred).
  • Ability to lead and challenge a team of highly technical and competent individuals.
  • Ability to understand and mentor less experienced peers in the product manager role.
  • Demonstrated capacity to provide structure and guidance in a chaotic environment.
  • Ability to work effectively across multiple organizations and levels of management.

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