Complex sentence: The latest time that can be represented this way is 03:14:07 UTC on Tuesday, 19 January 2038 (corresponding to 2,147,483,647 seconds since the start of the epoch), so that systems using a 32-bit time_t type are susceptible to the Year 2038 problem.
Split into simpler sentences: The latest time that can be represented in this form is 03:14:07 UTC on Tuesday, 19 January 2038 (corresponding to 2,147,483,647 seconds since the start of the epoch). This means that systems using a 32-bit time_t type are susceptible to the Year 2038 problem.