Item 2. Properties
Item 2. Properties
Our U.S. headquarters are located in Milpitas, California. We own or lease various facilities described below for our design, manufacture, research and development and sales and marketing activities. We believe that our existing facilities are suitable and adequate for our present purposes. The following is a summary of our principal facilities as of August 25, 2023.
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Location Size (1)
Leased
or Owned
Lease
Expiration
Logistics
Services
Manufacturing Procurement R&D Sales Supply Chain
Services
Atibaia, Brazil 72 Leased Jun 2032 X X
31 Leased Oct 2027 X X X
Durham, NC 102 Leased May 2038 X X X
Fremont, CA 44 Leased Jul 2030 X X X
42 Leased Dec 2030 X X X
Huizhou, China (2)
824 Owned N/A X X X
Huntington Beach, CA 58 Leased Jan 2025 X
Manaus, Brazil 40 Leased Dec 2030 X X X
Maynard, MA 102 Leased Aug 2026 X X X
Milpitas, CA 21 Leased Sep 2031
Newark, CA 79 Leased Oct 2031 X X X X X
30 Leased Feb 2024 X
Penang, Malaysia (3)
87 Owned N/A X X X X X
26 Leased Mar 2026 X X
26 Leased Sep 2024 X
Tempe, AZ 50 Leased Dec 2024 X X
(1) Stated in thousands of square feet.
(2) Our Huizhou, China facility is situated on leased land with a term expiring in 2082 and includes 333 thousand square feet of dormitory space.
(3) Our Penang, Malaysia facility is situated on leased land with a term expiring in 2070.
In addition to the principal facilities in the table above, we lease additional facilities in the United States, China, Hong Kong, India, Ireland, Japan, Scotland, Singapore, South Korea and Taiwan. After the closing of the SMART Brazil divestiture, we will no longer have facilities in Brazil.
Item 3. Legal Proceedings
For a discussion of legal proceedings, see “Item 1A. Risk Factors” and “PART II – Item 8. Financial Statements and Supplementary Data – Notes to Consolidated Financial Statements – Commitments and Contingencies.”
Item 4. Mine Safety Disclosures
Not applicable.
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PART II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.