Accton Announces Board Approval for Long-Term Factory Lease in Vietnam

AI Summary (NQ-processed)

Accton Technology (2345) announced that its Board of Directors, on May 18, 115 (Republic Era), approved a long-term factory lease for its subsidiary, Vietnam Accton Technology Company Limited. The lease covers a 11,340 square meter factory in Thang Long Vinh Phuc Industrial Park, Vinh Phuc province, Vietnam, with a total lease value of approximately US$13.5 million. This move is aimed at supporting the company's long-term development.