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confidence high
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materiality 0.60
Applied Optoelectronics Taiwan subsidiary signs 15-year lease for 346K sq ft factory in New Taipei City
APPLIED OPTOELECTRONICS, INC.
- Lease starting Nov 1, 2025 at NTD 6.8M/month for first 5 years, increasing 3% every 5 years.
- Two-month rent-free fit-out period from Sept 1 to Oct 31, 2025.
- Right of first refusal to purchase the property and to lease adjacent 54K sq ft space (Coupang lease area) from July 2028.
- Security deposit of NTD 13.6M; early termination by lessor prohibited until year 9, then requires 12 months notice and 3 months rent compensation.
- Lease covers land and building in Wugu District, excludes area already leased to Coupang.