Item 2. PROPERTIES

We own and lease various properties in the United States and eleven other countries around the world. We use the properties for executive and administrative offices, data centers, product development offices, customer service offices and manufacturing facilities. Our current corporate headquarters is approximately 238,000 square feet and located in San Jose, California which we own. As of July 2, 2022, our leased and owned properties in total are approximately 2.5 million square feet, of which we own approximately 1,447,000 square feet, including the 1,173,000 square feet manufacturing site in Thailand, the 238,000 square feet on the San Jose campus, and the 36,000 square feet manufacturing in Slovenia. Larger leased sites include properties located in Canada, China, Italy, Japan, Switzerland, Taiwan, the United Kingdom and the United States. We believe our existing properties, including both owned and leased sites, are in good condition and suitable for the conduct of our business.

From time to time we consider various alternatives related to our long-term facilities’ needs. While we believe our existing facilities are adequate to meet our immediate needs, it may become necessary to lease, acquire, or sell additional or alternative space to accommodate future business needs.