Credo Technology Group Holding Ltd
For the period ended Apr 27, 2024. Filed Jun 24, 2024.
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FY2024 · Filed Jun 24, 2024
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Item 2. Properties
The following table presents the approximate square footage of our significant leased facilities as of April 27, 2024:
| (Square Feet) | ||
|---|---|---|
| Locations | Primary Use | Leased Facilities (1) |
| United States | Research and design, sales and marketing, administration and operations | 88,896 |
| Mainland China | Research and design, administration and operations | 66,929 |
| Taiwan | Research and design, administration and operations | 52,057 |
| Hong Kong | Administration and operations | 7,088 |
| Total | 214,970 | |
(1) Lease terms expire in various years from 2024 through 2030, and generally include renewals at our option.
We also lease smaller facilities in various domestic and international locations, which are occupied by administrative and sales personnel. We believe that our existing facilities are sufficient for our current needs. We intend to add new facilities and expand our existing facilities as we continue to add employees and grow our business. We believe that new spaces will be available at reasonable terms in the future in order to meet our needs.
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