MIPS » Topics » Our operations in foreign countries are subject to political and economic risks.

This excerpt taken from the MIPS 10-Q filed May 5, 2009.
Our operations in foreign countries are subject to political and economic risks.  With the acquisition of Chipidea we have substantially expanded our operations outside the United States. In addition to the main Chipidea facilities in Portugal, we also have operations in China, France, Macau, Norway, Switzerland and Poland as well as sales offices in China, Germany, Japan, Israel, Korea and Taiwan.  Our operations in countries outside the U.S. subject us to risks, including:
 
  ·           changes in tax laws, trade protection measures and import or export licensing requirements;
 
  ·           potential difficulties in protecting our intellectual property;
 
  ·           changes in foreign currency rates;
 
  ·           restrictions, or taxes, on transfers of funds between entities or facilities in different countries; and
 
  ·           changes in a given country’s political or economic conditions.
 
As a result of one or more of these risks, our operating costs could increase substantially, our flexibility in operating our business could be impaired, our taxes could increase, and our sales could be adversely affected. Any of these items could have an adverse affect on our financial condition or results of operations.
 
This excerpt taken from the MIPS 10-Q filed Feb 6, 2009.
Our operations in foreign countries are subject to political and economic risks.  With the acquisition of Chipidea we have substantially expanded our operations outside the United States. In addition to the main Chipidea facilities in Portugal, we also have operations in China, France, Macau, Norway, Switzerland and Poland as well as sales offices in China, Germany, Japan, Israel, Korea and Taiwan.  Our operations in countries outside the U.S. subject us to risks, including:
 
  ·           changes in tax laws, trade protection measures and import or export licensing requirements;
 
  ·           potential difficulties in protecting our intellectual property;
 
  ·           changes in foreign currency rates;
 
  ·           restrictions, or taxes, on transfers of funds between entities or facilities in different countries; and
 
  ·           changes in a given country’s political or economic conditions.
 
As a result of one or more of these risks, our operating costs could increase substantially, our flexibility in operating our business could be impaired, our taxes could increase, and our sales could be adversely affected. Any of these items could have an adverse affect on our financial condition or results of operations.
 
This excerpt taken from the MIPS 10-Q filed Nov 10, 2008.
Our operations in foreign countries are subject to political and economic risks.  With the acquisition of Chipidea we have substantially expanded our operations outside the United States. In addition to the main Chipidea facilities in Portugal, we also have operations in China, France, Macau, Norway, Switzerland and Poland as well as sales offices in China, Germany, Japan, Israel, Korea and Taiwan.  Our operations in countries outside the U.S. subject us to risks, including:
 
·
changes in tax laws, trade protection measures and import or export licensing requirements;
 
·
potential difficulties in protecting our intellectual property;
 
·
changes in foreign currency rates;
 
·
restrictions, or taxes, on transfers of funds between entities or facilities in different countries; and
 
·
changes in a given country’s political or economic conditions.
 
As a result of one or more of these risks, our operating costs could increase substantially, our flexibility in operating our business could be impaired, our taxes could increase, and our sales could be adversely affected. Any of these items could have an adverse affect on our financial condition or results of operations.
 
This excerpt taken from the MIPS 10-Q filed May 9, 2008.
    Our operations in foreign countries are subject to political and economic risks.  With the acquisition of Chipidea we have now substantially expanded our operations outside the United States.  In addition to the main Chipidea facilities in Portugal, we also have operations in Belgium, China, France, Macau, Norway, Poland and the United Kingdom as well as sales offices in China, Germany, Japan, Israel and Taiwan.  We expect our international sales to grow, both in absolute terms and as a percentage of sales.  Our operations in countries outside the U.S. subject us to risks, including:

·
changes in tax laws, trade protection measures and import or export licensing requirements;
·
potential difficulties in protecting our intellectual property;
·
changes in foreign currency rates;
·
restrictions, or taxes, on transfers of funds between entities or facilities in different countries; and
·
changes in a given country’s political or economic conditions.

As a result of one or more of these risks, our operating costs could increase substantially, our flexibility in operating our business could be impaired, our taxes could increase, and our sales could be adversely affected.  Any of these items could have an adverse affect on our financial condition or results of operations.
 
This excerpt taken from the MIPS 10-Q filed Feb 11, 2008.
Our operations in foreign countries are subject to political and economic risks.  With the acquisition of Chipidea we have now substantially expanded our operations outside the United States.  In addition to the main Chipidea facilities in Portugal, we also have operations in Belgium, China, France, Macau, Norway, Poland and the United Kingdom as well as sales offices in China, Germany, Japan, Israel and Taiwan.  We expect our international sales to grow, both in absolute terms and as a percentage of sales.  Our operations in countries outside the U.S. subject us to risks, including:

·
changes in tax laws, trade protection measures and import or export licensing requirements;
 
·
potential difficulties in protecting our intellectual property;

·
changes in foreign currency rates;
 
·
restrictions, or taxes, on transfers of funds between entities or facilities in different countries; and

·
changes in a given country’s political or economic conditions.

    As a result of one or more of these risks, our operating costs could increase substantially, our flexibility in operating our business could be impaired, our taxes could increase, and our sales could be adversely affected.  Any of these items could have an adverse affect on our financial condition or results of operations.
 
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