AEG 21604 G Manual de usuario descargar pdf (Pagina 73)

A shortage of, or increases in the prices of components could deteriorate AEG PS Group's results of

operations.

AEG PS Group's expenditures for components currently represent its most important cost item. A wide

variety of components are required for AEG PS Group's production. Certain items are available only from

a limited number of suppliers or are subject to commodity market fluctuations. AEG PS Group may be

unable to pass increases in component prices on to its customers, which could lead to a decrease in AEG

PS Group's operating margins or even a loss. Moreover, some of AEG PS Group's suppliers could be-

come insolvent. In this event, AEG PS Group may lose advance payments made to such suppliers, and the

inability of a supplier to fulfil its contractual obligations to deliver components required for AEG PS

Group's products could prevent AEG PS Group from delivering its products to its customers on schedule

or at all. Suppliers could also be unable or unwilling to meet AEG PS Group's demand for components

for other reasons. For example, during the financial crisis and as a result of the uncertainty about the fu-

ture development of the global economy related therewith, many suppliers of electronic components have

primarily restricted themselves to selling off their inventory and refrained from making investments into

the production of new components. As a result, there is currently a supply shortage for many electronic

components on the global market. Delivery failures, component shortages or price increases could there-

fore have a material adverse effect on AEG PS Group's business, results of operations and financial con-

dition.

AEG PS Group may be unable to adequately protect its technological know-how and intellectual prop-

erty rights.

AEG PS Group has a significant patent portfolio and numerous trade secrets which maintain its techno-

logically advanced position. The success of AEG PS Group's operations depends, to a certain extent, on

its ability to protect its current and future proprietary technologies, product designs, know-how and manu-

facturing processes under relevant intellectual property laws, patents, trademarks and copyrights. Third

parties may infringe, misappropriate or otherwise violate AEG PS Group's proprietary technologies,

product designs, manufacturing processes and/or intellectual property rights. Litigation to prevent, or seek

compensation for, such infringement, misappropriation or other violation, may be costly and may divert

management attention and other resources away from AEG PS Group's business without any guarantee of

success. The enforcement of intellectual property-related laws in emerging countries has historically been

weak. Accordingly, intellectual property rights and confidentiality protection available to AEG PS Group

in China, India or other emerging markets may not be as effective as in Western Europe or in the United

States. Furthermore, a great number of patents have been assigned by Alcatel-Lucent to AEG PS Group

in conjunction with a patent assignment and license agreement. The transfer of the assigned patents has

not yet been registered with all competent patent offices and a significant number of patents appear as

registered in the name of Alcatel-Lucent. Although AEG PS Group's patent ownership has never been

challenged, in defending its patent rights, AEG PS Group would have to rely on the patent assignment

and license agreement. Any inability on the part of AEG PS Group to adequately protect its technological

know-how or to prevent infringement of its intellectual property rights by third parties could have a mate-

rial adverse effect on AEG PS Group's business, results of operations and financial condition.

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AEG 21604 G Manual de usuario Pagina 73