Accton Announces Board Approval for Long-Term Factory Lease by Vietnam Accton Technology Company Limited
NQ Score
90/100
AI Summary (NQ-processed)
On May 18, 2026, Accton Technology's board of directors approved a long-term lease for its subsidiary, Vietnam Accton Technology Company Limited. The lease is for a 11,340-square-meter factory in the Thang Long Vinh Phuc Industrial Park, Vinh Phuc province, Vietnam. The total transaction value is approximately USD 13.5 million. This move aims to support the company's long-term development strategy and strengthen its manufacturing capabilities in Southeast Asia.
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