Item 2. PROPERTIES
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Item 2. PROPERTIES
Our principal executive offices are located in Singapore. Our principal manufacturing facilities are located in China, Malaysia, Northern Ireland, Singapore, Thailand and the United States. Our principal product development facilities are located in California, Colorado, Minnesota and Singapore. Our leased facilities are occupied under leases that expire on various dates through 2068.
Our material manufacturing, product development and marketing and administrative facilities at July 3, 2026 are as follows:
| Location | Building(s) Owned or Leased | Approximate Square Footage | Primary Use | |||||||||||||||||
| Europe | ||||||||||||||||||||
| Northern Ireland | ||||||||||||||||||||
| Springtown | Owned | 479,000 | Manufacture of recording heads | |||||||||||||||||
| United States | ||||||||||||||||||||
| California | Leased | 575,000 | Product development, marketing and administrative and operational offices | |||||||||||||||||
| Colorado | Leased | 533,000 | Product development, administrative and operational offices | |||||||||||||||||
| Minnesota | Owned/Leased | 1,157,000 | Manufacture of recording heads and product development | |||||||||||||||||
| Asia | ||||||||||||||||||||
| China | ||||||||||||||||||||
| Wuxi | Leased | 707,000 | Manufacture of drives and drive subassemblies | |||||||||||||||||
| Malaysia | ||||||||||||||||||||
| Johor | Owned (1) | 631,000 | Manufacture of substrates | |||||||||||||||||
| Singapore | ||||||||||||||||||||
| Woodlands | Owned/Leased (1) | 1,543,000 | Manufacture of media, administrative and operational offices | |||||||||||||||||
| Ayer Rajah | Leased | 440,000 | Product development, administrative and operational offices | |||||||||||||||||
| Thailand | ||||||||||||||||||||
| Korat | Owned/Leased | 2,706,000 | Manufacture of drives and drive subassemblies | |||||||||||||||||
| Teparuk | Owned/Leased | 453,000 | Manufacture of drive subassemblies | |||||||||||||||||
(1) Land leases for these facilities expire on various dates through 2068.
As of July 3, 2026, we owned or leased a total of approximately 9.8 million square feet of space worldwide. We believe that our existing properties are in good operating condition and are suitable for the operations for which they are used.
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