14 unchanged sentences
There can be no assurance that any decrease in sales resulting from the COVID-19 pandemic will be offset by increased sales in subsequent periods.
+Added: Even after the COVID-19 pandemic has subsided, we may continue to experience materially adverse impacts to our business as a result of its global economic impact, including any recession, economic downturn or increased unemployment that has occurred or may occur in the future.
An extended period of global supply chain and economic disruption could materially affect our business, results of operations, access to sources of liquidity and financial condition.
51 unchanged sentences
As a result, we have devoted and expect to continue to devote a large amount of resources to develop products based on new and emerging technologies and standards that will be commercially introduced in the future.
−Removed: Research and development expense during the three months ended April 4, 2020 was $71.2 million, or 33.1% of revenues.
+Added: Research and development expense during the six months ended July 4, 2020 was $142.1 million, or 33.6% of revenues.
A number of companies are actively involved in the development of these new technologies and standards.
5 unchanged sentences
This has included the establishment of a headquarters in Singapore for non-U.S.
−Removed: During the three months ended April 4, 2020, the percentage of our revenues derived from outside of the United States was 88% (and the revenue associated with end customers in China was 22%, and revenue attributed to China based on shipped-to location was 39%).
+Added: During the six months ended July 4, 2020, the percentage of our revenues derived from outside of the United States was 90% (and the revenue associated with end customers in China was 25%, and revenue attributed to China based on shipped-to location was 43%).
We may not be able to maintain or increase global market demand for our products.
51 unchanged sentences
● Potential impairment of related goodwill and intangible assets.
−Removed: In particular, the extent of the impact of the COVID-19 pandemic on our ability to complete the acquisition of the Wi-Fi and Bluetooth business of Redpine Signals and integrate these assets into our business is unpredictable and will depend on future developments, including the duration, severity and spread of the pandemic, related restrictions on travel and transportation, and other actions that may be taken by governmental authorities.
+Added: In particular, the extent of the impact of the COVID-19 pandemic on our ability to complete and integrate any future acquisition into our business is unpredictable and will depend on future developments, including the duration, severity and spread of the pandemic, related restrictions on travel and transportation, and other actions that may be taken by governmental authorities.
Future acquisitions also could cause us to incur debt or contingent liabilities or cause us to issue equity securities that could negatively impact the ownership percentages of existing shareholders.
11 unchanged sentences
The future growth of our business will depend in large part on our ability to manage our relationships with current and future distributors and sales representatives, develop additional channels for the distribution and sale of our products and manage these relationships.
−Removed: During the three months ended April 4, 2020, 76% of our revenue was derived from distributors.
+Added: During the six months ended July 4, 2020, 78% of our revenue was derived from distributors.
As we execute our indirect sales strategy, we must manage the potential conflicts that may arise with our direct sales efforts.
51 unchanged sentences
● Increased need for international-based supply, logistics and financial management;
+Added: ● Disruption to our supply chain resulting from cyber-attacks on our suppliers' information technology systems;
● Their inability to supply or support new or changing packaging technologies;
150 unchanged sentences
trade barriers, may restrict our participation in the China market or may prevent us from competing effectively with Chinese companies or companies from other countries that China favors over the United States.
+Added: Furthermore, our current or potential competitors may be acquired by third parties with greater available resources and the ability to initiate or withstand substantial price competition, which may include price concessions, delayed payment terms, financing terms, or other terms and conditions that are more enticing to potential customers.
These and other competitive pressures may prevent us from competing successfully against current or future competitors, and may materially harm our business.
51 unchanged sentences
Attempted or successful attacks against our products and services could damage our reputation with customers or users and reduce demand for our products and services.
+Added: Additionally, there is an increased risk that we may experience cybersecurity-related events such as COVID-19 themed phishing attacks and other security challenges as a result of most of our employees and our service providers working remotely from non-corporate managed networks during the ongoing COVID-19 pandemic and potentially continuing working remotely even after the COVID-19 pandemic has subsided.
Changes in the Privacy and Data Security/Protection Laws Could Have an Adverse Effect on our Operations
11 unchanged sentences
In the event that these third parties do not properly safeguard our data that they hold, security breaches could result and negatively impact our reputation, business operations and financial results.
+Added: Additionally, a successful cyber-attack against one of these third-parties' information technology systems may disrupt our supply chain.
Our products must conform to industry standards and technology in order to be accepted by end users in our markets
23 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.