A Dark Vector Cognition product

Item 2. Properties

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Item 2. Properties

Our principal executive offices are located in San Jose, California. Our leased facilities have contracts expiring at various times through 2039. Our principal manufacturing, R&D, marketing and administrative facilities as of June 28, 2024 were as follows:

LocationBuildings Owned or LeasedApproximate Square FootageDescription
United States
California
FremontLeased295,000HDD manufacturing of head wafers and R&D
IrvineLeased408,000HDD R&D, administrative, marketing and sales
MilpitasLeased578,000Flash R&D, marketing and sales, and administrative
San JoseOwned2,205,000Manufacturing of head wafers, head, media and product development, R&D for Flash and HDD, administrative, marketing and sales
Colorado
LongmontLeased62,000Flash R&D
Colorado SpringsLeased54,000HDD R&D
Minnesota
RochesterLeased156,000Flash and HDD product development
Asia
China
ShanghaiOwned917,000Flash assembly and test of SSD
ShenzhenOwned and Leased614,000HDD manufacturing of media and sales
Japan
FujisawaOwned661,000HDD product development
Malaysia
JohorOwned277,000HDD manufacturing of substrates
Kuala LumpurOwned145,000HDD R&D and administrative
KuchingOwned529,000HDD manufacturing and development of substrates
PenangOwned2,420,000Assembly and test of SSD, manufacturing of media, and R&D for Flash and HDD
Philippines
LagunaOwned632,000HDD manufacturing of HGAs and slider fabrication
Thailand
Bang Pa-InOwned and Leased1,595,000HDD slider fabrication, manufacturing of HDDs and HGAs, and R&D
PrachinburiOwned1,568,000HDD manufacturing
India
BangaloreOwned and Leased1,317,000Flash R&D and administrative
Middle East
Israel
Kfar SabaOwned167,000Flash R&D
TefenOwned72,000Flash R&D

We also lease office space in various other locations worldwide primarily for R&D, sales, operations, manufacturing, administration and technical support. During the year ended June 28, 2024, we completed a sale and leaseback of our facility in Milpitas, California. We believe our present facilities are adequate for our current needs. We continuously update our facilities from time to time to meet technological and market requirements.

Substantially all of our flash-based memory wafers are manufactured by Kioxia in purpose-built, wafer fabrication facilities located in Yokkaichi and Kitakami, Japan.

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