Marvell Technology Group (MRVL)

We currently provide guidance on revenue and gross margin on a quarterly basis. Our quarterly operating results have fluctuated in the past and are likely to do so in the future. Because our operating results are difficult to predict, you should not rely on quarterly comparisons of our results of operations as an indication of our future performance.

Fluctuations in our operating results may be due to a number of factors, including, but not limited to, those listed below and those identified throughout this “Risk Factors” section:

·                  order or shipment cancellations, rescheduling or deferrals of significant customer orders;

·                  our ability to scale our operations in response to changes in demand for our existing products and services or demand for new products requested by our customers;

·                  gain or loss of a key customer;

·                  our ability to maintain a competitive cost structure for our manufacturing and assembly and test processes;

·                  failure to qualify our products or our suppliers’ manufacturing lines;

·                  our ability to exercise stringent quality control measures to obtain high yields;

·                  effective and timely update of equipment and facilities as required for leading edge production capabilities; and

·                  our ability to realize the benefits expected from our recent acquisitions, including our acquisition of the communications and applications processor business of Intel.

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