Applied Optoelectronics subsidiary signs NT$277M cleanroom construction contract in Taiwan

APPLIED OPTOELECTRONICS, INC.

Contract with Chyi Ding Technologies for cleanroom, mechanical, electrical, renovation work at Linkou, New Taipei City.
Fixed price NT$277M (~$8.5M), with 30% advance payment and milestone installments.
Construction started Dec 2024, target completion April 20, 2025; delay penalty 0.3%/day, max 10% of contract price.
Performance bond of 10% (NT$27.7M) to be converted to warranty bond after acceptance.
Project expands Prime World's manufacturing capabilities in Taiwan.

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