Item 2. Properties
Item 2: Properties
Our corporate headquarters, which includes sales, marketing, administration, manufacturing, engineering, and research and development facilities, is located in Livermore, California, United States. Our corporate headquarters comprises a campus of five buildings totaling approximately 259,000 square feet. We presently lease four of the buildings and own one of the buildings. Adjacent to our campus we own approximately 6 acres of vacant land for future expansion. In addition, we lease office, repair and service, manufacturing and/or research and development space both inside and outside of the United States. The leases expire at various times through 2034. We believe that our existing and planned facilities are suitable for our current needs.
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Information concerning our properties as of December 30, 2023 is set forth below:
Location Principal Use Segment Square
Footage Ownership
Livermore, California, United States Manufacturing Probe Cards 90,508 Owned
Livermore, California, United States Corporate headquarters, sales, marketing, administration, product design, manufacturing, service and repair, distribution, research and development All 168,636 Leased
Thiendorf, Germany Sales, marketing, administration, manufacturing, service and repair, distribution, research and development Systems 101,291 Leased
Beaverton, Oregon, United States Sales, marketing, administration, product design, manufacturing, service and repair, distribution, research and development Probe Cards 101,205 Leased
Baldwin Park, California, United States Manufacturing, service and repair, distribution, research and development
Probe Cards 44,000 Leased
Boulder, Colorado, United States Sales, marketing, administration, manufacturing, distribution, research and development Systems 34,133 Leased
Carlsbad, California, United States Sales, product design, administration, manufacturing, service and repair, distribution, research and development Probe Cards 42,080 Leased
Woburn, Massachusetts, United States Sales, marketing, administration, manufacturing, distribution, research and development Systems 26,070 Leased
Jubei City, Hsinchu, Taiwan Sales, administration, product design, field service and repair center All 25,631 Leased
Singapore Sales, administration, product design, service, and field service All 24,413 Leased
Suzhou, China (1)
Sales, marketing, administration, product design, manufacturing, service and repair, distribution, research and development All 22,777 Leased
San Jose, California, United States Sales, marketing, and distribution Systems 21,489 Leased
Bundang, South Korea Sales, administration, product design, field service, and repair center All 17,161 Leased
Yokohama City, Japan Sales, marketing, administration, product design, manufacturing, service and repair, distribution, research and development All 16,150 Leased
Munich, Germany Sales, manufacturing, administration, service and repair, distribution, research and development Systems 18,786 Leased
Shanghai, China (1)
Sales and service All 3,348 Leased
Dresden, Germany Sales and service All 2,960 Leased
Hiroshima, Japan Repair center Probe Cards 1,007 Leased
(1) On February 7, 2024, the Company signed an agreement with Grand Junction Semiconductor Pte. Ltd. to divest its China operations. These leased locations are to be included as part of the divestiture. See Note 19 of the Notes to Consolidated Financial Statements included in Part II, Item 8 of this Annual Report on Form 10-K for further details.
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Item 3: Legal Proceedings
Information with respect to this item may be found under the caption “Legal Matters” in Note 12, Commitments and Contingencies, to our consolidated financial statements included herein, which information is incorporated into this Item 3 by reference.
Item 4: Mine Safety Disclosures
Not applicable.
PART II