33 unchanged sentences
This has included the establishment of a headquarters in Singapore for non-U.S.
−Removed: During the three months ended April 3, 2021, the percentage of our revenues derived from outside of the United States was 90% (and the revenue associated with end customers in China was 27%, and revenue attributed to China based on shipped-to location was 42%).
+Added: During the six months ended July 3, 2021, the percentage of our revenues derived from outside of the United States was 89% (and the revenue associated with end customers in China was 26%, and revenue attributed to China based on shipped-to location was 46%).
We may not be able to maintain or increase global market demand for our products.
24 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 3, 2021 was $76.5 million, or 29.9% of revenues.
+Added: Research and development expense during the six months ended July 3, 2021 was $128.8 million, or 39.4% of revenues.
A number of companies are actively involved in the development of these new technologies and standards.
6 unchanged sentences
In addition, as we target and supply products to numerous markets and applications, we face competition from a relatively large number of competitors.
−Removed: We compete with AltoBeam, Analog Devices, Aura, Broadcom, Dialog, Espressif, Infineon, Maxim Integrated Products, MaxLinear, MediaTek, Microchip, Nordic Semiconductor, NXP, Qualcomm, Rafael, Renesas, STMicroelectronics, Synaptics, Telink, Texas Instruments and others.
+Added: We compete with AltoBeam, Broadcom, Dialog, Espressif, Infineon, MediaTek, Microchip, Nordic Semiconductor, NXP, Qualcomm, Renesas, STMicroelectronics, Synaptics, Telink, Texas Instruments and others.
We expect to face competition in the future from our current competitors, other manufacturers and designers of semiconductors, and start-up semiconductor design companies.
44 unchanged sentences
● The timeliness of our new product introductions and the rate at which our new products may cannibalize our older products;
−Removed: ● The rate of acceptance of our products by our customers, including the acceptance of new products we may develop for integration in the products manufactured by such customers, which we refer to as "design wins”;
+Added: ● The rate of acceptance of our products by our customers, including the acceptance of new products we may develop for integration in the products manufactured by such customers, which we refer to as "design wins";
● The time lag and realization rate between “design wins” and production orders ;
82 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 3, 2021, 79% of our revenue was derived from distributors (and 48% of our revenue was derived from our two largest distributors).
+Added: During the six months ended July 3, 2021, 81% of our revenue was derived from distributors (and 59% of our revenue was derived from our three largest distributors).
As we execute our indirect sales strategy, we must manage the potential conflicts that may arise with our direct sales efforts.
70 unchanged sentences
On April 22, 2021, we entered into an Asset Purchase Agreement pursuant to which Skyworks Solutions has agreed to acquire certain assets, rights, and properties, and assume certain liabilities, comprising our infrastructure and automotive business for $2.75 billion in cash.
−Removed: The transaction is subject to regulatory approval and other customary closing conditions and is expected to be closed in the third quarter of fiscal 2021.
+Added: The transaction closed on July 26, 2021.
This disposition and any other disposition of a business or product line would entail a number of risks that could materially and adversely affect our business and operating results, including:
121 unchanged sentences
Accordingly, we will report higher interest expense because of the recognition of both the debt discount amortization and the notes’ coupon interest.
−Removed: On January 6, 2021, we issued a notice of redemption for the remaining principal amount of our 2022 convertible senior notes.
−Removed: During the three months ended April 3, 2021, we paid $140.6 million in cash and issued 528,022 shares of common stock in connection with the redemption of the remaining notes.
Our debt could adversely affect our operations and financial condition
39 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.