Full-Time
Product Safety & Compliance Engineer
KLA
10,001+ employees
High-precision semiconductor inspection and metrology tools
Compensation Overview
$136.3k - $231.7k/yr
Company Historically Provides H1B Sponsorship
Milpitas, CA, USA
In Person
Bachelor's, Master's, PhD
 Electrical Engineering (1) |
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- A bachelor's degree in Electrical Engineering, Mechanical Engineering, Chemical Engineering, or an equivalent technical discipline.
- Two to five years of relevant experience in product safety, regulatory compliance, or a related engineering field.
- Working knowledge of SEMI S2 or similar industrial safety standards.
- Working knowledge of the CE marking framework and applicable European Union directives.
- Working knowledge of hazard analysis techniques such as Failure Mode and Effects Analysis, Preliminary Hazard Analysis, or Hazard and Operability Study.
- Ability to work effectively in cross-functional engineering environments.
- Strong analytical and problem-solving skills.
- Attention to detail with a focus on documentation accuracy and regulatory compliance.
- Effective written and verbal communication skills.
- Ability to work collaboratively with engineering, manufacturing, service, and quality teams.
- Willingness to learn and grow within a structured product safety and compliance framework.
- A doctorate degree with zero years of related work experience, a master's degree with three years of related work experience, or a bachelor's degree with five years of related work experience.
- Support product safety and regulatory certification activities for assigned semiconductor equipment platforms.
- Assist in ensuring compliance with applicable standards and regulations, including SEMI S2, S8, and S10; IEC 60204-1 and NFPA 79; the European Union Machinery Directive or Machinery Regulation; the Electromagnetic Compatibility Directive; and the Low Voltage Directive.
- Contribute to CE marking deliverables, including risk assessments, technical file documentation inputs, and Declaration of Conformity support.
- Perform product hazard analyses using Failure Mode and Effects Analysis, Failure Mode, Effects, and Criticality Analysis, Preliminary Hazard Analysis, and Hazard and Operability Study methods with guidance.
- Identify hazards and support the definition of risk-reduction measures aligned with SEMI S10 and ISO 12100 principles.
- Support safety validation activities and associated documentation.
- Partner with mechanical, electrical, and software engineering teams to review designs for product safety and regulatory compliance.
- Support integration of safety features into systems and subsystems.
- Participate in design reviews and change-control processes to ensure continued compliance throughout the product lifecycle.
- Support product safety activities across product lifecycle phases from development through release.
- Support coordination with third-party certification and test agencies such as TÜV, Underwriters Laboratories, and CSA.
- Assist in preparation for product safety evaluations, electromagnetic compatibility testing, and electrical testing.
- Track certification findings, audit items, and corrective actions to closure under guidance from senior engineers.
- Support investigation of safety incidents and Safety Incident Reports.
- Contribute to root-cause analysis and mitigation planning.
- Analyze safety-related data to identify trends and opportunities for product or process improvement.
- Prepare and maintain product safety documentation under guidance, including safety analysis reports, test reports, compliance records, and safety-related sections of product manuals and service documentation.
- Support delivery of product safety training materials and sessions as directed by senior staff.
- Experience with semiconductor manufacturing equipment or complex industrial machinery.
- Exposure to ISO 12100 risk assessment methodology.
- Exposure to functional safety standards ISO 13849 and IEC 62061.
- Experience supporting compliance testing or working with certification bodies.
KLA provides process control and yield management solutions for semiconductor manufacturers, offering high-precision inspection tools, metrology systems, and computational analytics software to monitor production and detect defects. Its products inspect wafers, measure critical features, and analyze data to identify deviations, enabling adjustments that raise yields and improve device performance. KLA differentiates itself with an integrated hardware-software-services suite focused on defect detection and yield optimization, backed by long-term service contracts and licenses. The company aims to power global operations with 100% renewable electricity by 2030, with the goal of helping semiconductor makers achieve higher yields and more reliable production.
Company Size
10,001+
Company Stage
IPO
Headquarters
Milpitas, California
Founded
1975
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Simplify's Take
What believers are saying
- Fiscal 2026 revenue reached $13.58 billion, with $3.77 billion free cash flow.
- KLA returned $3.35 billion to shareholders and approved another $7 billion buyback.
- AI infrastructure pushed Q1 fiscal 2027 revenue guidance to $4.0 billion.
What critics are saying
- China delivered 30% of fiscal 2026 revenue, exposing KLA to export controls.
- U.S. BIS restrictions already block certain China advanced-node shipments and service.
- A broader China cutoff would remove nearly one-third of revenue and cripple growth.
What makes KLA unique
- KLA controls 58% of process control, dominating semiconductor inspection and metrology.
- Advanced packaging revenue targets rose from $635 million to $1 billion in 2026.
- June 2026 backlog hit $12.57 billion, proving sticky demand across AI fabs.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
401(k) Retirement Plan
401(k) Company Match
Employee Stock Purchase Plan
Student Loan Assistance
Tuition Reimbursement
Wellness Program
Mental Health Support
Paid Vacation
Paid Holidays
Parental Leave
Growth & Insights and Company News
6 month growth
↑ 18%1 year growth
↑ 18%2 year growth
↑ 18%KLA Corporation reported fourth quarter fiscal 2026 revenues of $3.66 billion, above the midpoint of guidance. GAAP diluted earnings per share came in at $1.04, whilst non-GAAP diluted EPS reached $1.05, both at the upper end of guidance. For the full fiscal year ended 30 June 2026, the semiconductor equipment manufacturer posted revenues of $13.58 billion and GAAP diluted EPS of $3.66. Operating cash flow for the year totalled $4.14 billion, with free cash flow of $3.77 billion. The company returned $3.35 billion to shareholders during fiscal 2026 through dividends and share repurchases. KLA completed a ten-for-one stock split on 11 June 2026. For the first quarter of fiscal 2027, KLA expects revenues of $4.0 billion, plus or minus $200 million, with non-GAAP diluted EPS projected at $1.16, plus or minus $0.10.
KLA is set to report quarterly earnings Tuesday after the bell, with analysts expecting 13.7% year-on-year revenue growth. The semiconductor equipment maker's shares closed at $210.52, down 15% over the past month but still up 16% over 90 days. The most popular valuation framework suggests KLA is 9.4% undervalued, placing fair value at $232.43 per share. That outlook assumes multiyear AI-driven wafer fabrication spending will remain durable, supported by government incentives and increasing process complexity. Estimates have been broadly reaffirmed over the past month, meaning this earnings report will serve as a check on whether KLA is meeting current expectations for the semiconductor equipment cycle. The valuation relies on continued revenue expansion, rising margins, and a premium earnings multiple through 2026. Risks include potential tariff pressure on margins, weaker China demand, and tighter export controls.
KLA Corporation stands out as a profitable long-term investment, whilst Covista and Matson underwhelm, according to StockStory analysis. KLA Corporation, a leading supplier of semiconductor inspection equipment, demonstrated strong fundamentals with a 41.7% operating margin and 15.2% annual revenue growth over five years. Its 30.5% free cash flow margin provides flexibility for capital deployment. Covista, formerly DeVry Education Group, showed concerning signs with 15.2% annual sales growth below sector averages. Its free cash flow margin is expected to contract by 3.8 percentage points, whilst its 9% return on capital suggests difficulty finding profitable growth opportunities. Matson, an ocean transportation provider, posted disappointing 3.3% annual revenue growth over two years. Its free cash flow margin shrank by 13.2 percentage points over five years, indicating increasing capital consumption to maintain competitiveness.
KLA Corporation, a leading supplier of semiconductor chip measurement and inspection equipment, has seen its stock price surge 109% over the past six months, reaching a new 52-week high of $260.62 per share. The company has demonstrated strong financial performance across multiple metrics. Its revenue grew at 15.2% annually over the past five years, outpacing the average semiconductor company. KLA Corporation has maintained elite profitability with an average operating margin of 40% over the last two years. The company's free cash flow margin averaged 30.5% over the past two years, ranking amongst the best in the semiconductor sector. Formed in 1997 through a merger of two semiconductor yield management companies, KLA Corporation continues to dominate its niche market with equipment essential for chip manufacturing quality control.
KLA Corporation delivered strong Q3 FY26 earnings, beating revenue, earnings and gross margin expectations, yet shares fell over 5% as investors questioned near-term earnings conversion. The company holds 58% market share in process control and is benefiting from AI-driven manufacturing complexity, with advanced packaging expectations nearly doubling. However, KLA's 11% growth lagged behind peers like Lam Research, which grew 24%, highlighting sequencing risk as deposition and etch tools lead before inspection demand fully materialises. Non-GAAP gross margin of 62.2% is expected to decline to 61.75% due to DRAM costs, tariffs and mix effects. Trading at 37 times forward earnings, analysts suggest fair value around $1,780. The structural bull case remains intact, with KLA positioned as the "tax collector" of semiconductor manufacturing as complexity increases.