The increasing impact of natural disasters over recent decades has been well documented, especially the direct economic losses and losses that were insured.
That may improve economic circumstances but it also tends to
increase the impact of natural disasters.
(v)
increased impact of natural disasters (including droughts, flooding, and other severe weather events);
Not exact matches
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including
natural and other
disasters or climate change affecting the operations
of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost
of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance
of new product offerings; (6) the availability and cost
of purchased components, compounds, raw materials and energy (including oil and
natural gas and their derivatives) due to shortages,
increased demand or supply interruptions (including those caused by
natural and other
disasters and other events); (7) the
impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation
of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
These risks include, in no particular order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost
of revenue or operating expenses may exceed our expectations; the mix
of products and services sold in various geographies and the effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the
impact of general economic conditions on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance
of our new or existing products; losses
of one or more key customers; risks associated with our international operations; exchange rate fluctuations
of the currencies in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance
of various types
of broadband services, on the adoption
of new broadband technologies and on broadband industry trends; inventory management; the lack
of timely availability
of parts or raw materials necessary to produce our products; the
impact of increases in the prices
of raw materials and oil; the effect
of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our business
of natural disasters.
Risks and uncertainties include without limitation the effect
of competitive and economic factors, and the Company's reaction to those factors, on consumer and business buying decisions with respect to the Company's products; continued competitive pressures in the marketplace; the ability
of the Company to deliver to the marketplace and stimulate customer demand for new programs, products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and / or
increases in component costs could have on the Company's gross margin; the inventory risk associated with the Company's need to order or commit to order product components in advance
of customer orders; the continued availability on acceptable terms, or at all,
of certain components and services essential to the Company's business currently obtained by the Company from sole or limited sources; the effect that the Company's dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost
of products manufactured or services rendered; risks associated with the Company's international operations; the Company's reliance on third - party intellectual property and digital content; the potential
impact of a finding that the Company has infringed on the intellectual property rights
of others; the Company's dependency on the performance
of distributors, carriers and other resellers
of the Company's products; the effect that product and service quality problems could have on the Company's sales and operating profits; the continued service and availability
of key executives and employees; war, terrorism, public health issues,
natural disasters, and other circumstances that could disrupt supply, delivery, or demand
of products; and unfavorable results
of other legal proceedings.
Bangladesh on Tuesday asked BIMSTEC countries to take a «unified» stand and seriously consider the adverse
impact of climate change keeping in mind global assessments that indicate an
increase in the frequency and intensity
of natural disasters in the region.
We know that some
impacts of increased atmospheric CO2 concentrations are unavoidable, that human populations will suffer immediately and that
natural disasters will be compounded and have lasting effects.
''... freshwater flooding is «the most
impacting natural disaster in terms
of number
of people affected and economic damages,» adding that «some studies in the literature (e.g. IPCC, 2013; Stern Review, 2007) seem to indicate that flood damages are expected to
increase in the near future as a consequence
of a global climate change,» citing the additional studies
of Hall et al. (2005) and de Moel et al. (2011).»