Wednesday, August 29, 2012

Nokia and HARMAN partner on development of innovative wireless consumer audio technologies

   

Nokia and HARMAN partner on development of innovative wireless consumer audio technologies

Exclusive product line debuts with JBL PlayUp Portable Wireless Speaker for Nokia

Espoo, Finland and Connecticut, USA - Nokia and HARMAN, the global leading supplier of premium audio and infotainment systems (NYSE:HAR), today announced a new partnership to develop innovative wireless consumer audio technologies exclusively for the Nokia Lumia range.

JBL PlayUp Portable Wireless Speaker for NokiaNokia and HARMAN's JBL brand will jointly develop and co-brand the exclusive line of products which will include a range of speakers delivering room-filling acoustics with dynamic design. Wireless connectivity from mobile device to speaker will be facilitated through Bluetooth technology capable of connecting any existing Lumia phone, or by tapping to connect with NFC for next generation Lumia phone based on Windows Phone 8.

"As HARMAN seeks to further collaborate with mobile leaders to bring next generation connectivity technologies to the home and the automobile, working with industry pioneer Nokia provides a tremendous opportunity to expand our own value sets and bring to market unique audio products that meet today's demand for uninterrupted consumer connectivity," said Sachin Lawande, executive vice president of HARMAN and co-president of HARMAN Lifestyle and Infotainment. "Audio is an increasingly mobile experience, following consumers everywhere they go. Developing technologies for wireless portable audio meets the ever-growing demand for immediate and easy accessibility."

JBL PlayUp Portable Wireless Speaker for Nokia

JBL and Nokia unveiled the first fruits of their collaboration, the JBL PlayUp Portable Wireless Speaker for Nokia, at the IFA consumer electronics show in Berlin.

With innovation at the heart of its development, the JBL PlayUp Portable Wireless Speaker for Nokia radiates sound in all directions. Built on JBL's passion for audio, the PlayUp Portable is a unique speaker for music lovers who value excellent sound quality, delivering crystal clear sound. With underlying JBL technology that delivers exceptional dynamics, natural tonal balance, clarity and spatial definition, the PlayUp Portable conveys every sonic nuance of the original recording. It comes with a specially designed bass port which acts as a woofer, ensuring incredible low end sound with minimal audible air turbulence. The PlayUp Portable has a maximum output of 89dB, making it suitable for use outdoors or in any modern indoor interior. The speaker connects easily and wirelessly to any existing Lumia phone via Bluetooth and for next generation Lumia phones based on Windows Phone 8, by tapping to connect with NFC. It also comes with a standard 3.5mm headphone standard audio connector to connect with any mobile phone, computer or MP3 player.

Building on the design of the award-winning Nokia Play 360 Wireless Speaker, the PlayUp Portable makes a statement with its vivid colours and bold shape. Available in cyan, white, black - and the all new bright yellow - its body is built using double-shot plastic for durability. The size and proportions of the speaker, including the minimal number of parts and parting lines, marry Nokia's highly acclaimed industrial design expertise with JBL's tightly defined and non-compromising audio target. Featuring more than 10 hours of continuous music with a single charge, the PlayUp Portable features a replaceable battery that's tucked away at its base. Additional accessories include a carrying pouch, a micro USB charger and a 3.5mm audio cable.

"The JBL PlayUp Portable Wireless Speaker for Nokia is testimony to our long-term strategy of working with the industry's best to create unbeatable products for consumers, "said Hans Henrik Lund, Vice President and head of Nokia Gear. "With our joint passion for innovation and technology, Nokia and JBL have created a portable speaker for people who really love music and take it with them wherever they go."

The JBL PlayUp Portable Wireless Speaker for Nokia will start shipping before the end of the year, and is priced at EUR149*.

*Pricing and availability will vary by market

About Nokia
Nokia is a global leader in mobile communications whose products have become an integral part of the lives of people around the world. Every day, more than 1.3 billion people use their Nokia to capture and share experiences, access information, find their way or simply to speak to one another. Nokia's technological and design innovations have made its brand one of the most recognized in the world. For more information, visit http://www.nokia.com/about-nokia.

About HARMAN
HARMAN (www.harman.com) designs, manufactures and markets a wide range of audio and infotainment solutions for the automotive, consumer and professional markets - supported by 15 leading brands, including AKG, Harman Kardon, Infinity, JBL, Lexicon and Mark Levinson. The company is admired by audiophiles across multiple generations and supports leading professional entertainers and the venues where they perform. More than 20 million automobiles on the road today are equipped with HARMAN audio and infotainment systems. HARMAN has a workforce of about 13,400 people across the Americas, Europe and Asia, and reported sales of USD4.4 billion for the fiscal year ended June 30, 2012. The Company's shares are traded on the New York Stock Exchange under the symbol NYSE:HAR.

© 2012 HARMAN International Industries, Incorporated. All rights reserved. Harman Kardon, Infinity, JBL, Lexicon and Mark Levinson are trademarks of HARMAN International Industries, Incorporated, registered in the United States and/or other countries. AKG is a trademark of AKG Acoustics GmbH, registered in the United States and/or other countries. Features, specifications and appearance are subject to change without notice.

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Thursday, August 23, 2012

Accurate Mobile Indoor Positioning Industry Alliance, called In-Location, to promote deployment of location-based indoor services and solutions

   

Accurate Mobile Indoor Positioning Industry Alliance, called In-Location, to promote deployment of location-based indoor services and solutions

Espoo, Finland - The In-Location Alliance was launched today by 22 companies across industries to drive innovation and market adoption of high accuracy indoor positioning and related services.

Accurate indoor positioning opens up plenty of possibilities for new mobile services. For a consumer this could mean, for example, receiving directions to the right products and personalized product promotions in nearby shops; using real-time navigation inside a building; finding the precise location of assets and people; and even increasing security in emergency situations. For facility owners and local service providers this could enable, for example, increased local customer identification; enhanced product placement; and better customer satisfaction by deploying resources when and where needed.

The Alliance will focus on creating solutions offering high accuracy, low power consumption, mobility, implementability and usability. It will create an ecosystem that stimulates innovation, enhances service delivery, and accelerates the adoption of solutions and technologies that optimize the mobile experience.

Founding members include: Broadcom, CSR, Dialog Semiconductor, Eptisa, Geomobile, Genasys, Indra, Insiteo, Nokia, Nomadic Solutions, Nordic Semiconductor, Nordic Technology Group, NowOn, Primax Electronics, Qualcomm, RapidBlue Solutions, Samsung Electronics, Seolane Innovation, Sony Mobile Communications, TamperSeal AB, Team Action Zone and Visioglobe.

Alliance members will pilot the most promising services and use cases from a business and solution point of view. The other important task for the Alliance is to ensure a multivendor environment by promoting open interfaces and a standard-based approach.

Alliance members are encouraged to execute their own pilots and present their data to the Alliance. The primary solutions will be based on enhanced Bluetooth® 4.0 low-energy technology and Wi-Fi standards using relevant existing or coming features of those technologies. These technologies are commonly used in mobile handsets and are thus a natural starting point for the Alliance's efforts.

Pre-commercial pilots and business model verifications will start in 2012, while 2013 is expected to bring mobile handset-based implementation enabling the first consumer applications in the indoor mobile environment.

The Alliance says: "The aim of the In-Location Alliance is to act as a pioneer opening up new business streams for indoor environments. Indoor positioning is the next frontier of mobile services, offering great opportunities to enhance consumer experiences. For the benefit of enterprises, the Alliance will drive a world-wide indoor positioning system for use in major venues. Our pilots, along with technical evaluations, are paramount for driving rapid market adoption."

Patrick Connolly from ABI Research says: "The indoor location market sits on the cusp of a wave, with the market set to reach a significant number of installations in 2015-2017. With a huge number of proprietary technologies vying for position, the establishment of the In-Location Alliance can encourage innovation, lower costs and, ultimately, widespread adoption of standard based technologies and solutions."

About the In-Location Alliance
The In-Location Alliance was formed by 22 Member companies, including Broadcom, CSR, Dialog Semiconductor, Eptisa, Geomobile, Genasys, Indra, Insiteo, Nokia, Nomadic Solutions, Nordic Semiconductor, Nordic Technology Group, NowOn, Primax Electronics, Qualcomm, RapidBlue Solutions, Samsung Electronics, Seolane Innovation, Sony Mobile Communications, TamperSeal AB, Team Action Zone and Visioglobe. The In-Location Alliance is open for any industry member, who is ready to further investigate business opportunities in indoor location based services and see value and benefits in industry collaboration
. 

About the Alliance Members:

Broadcom
Broadcom Corporation (NASDAQ: BRCM), a FORTUNE 500® company, is a global leader and innovator in semiconductor solutions for wired and wireless communications. Broadcom® products seamlessly deliver voice, video, data and multimedia connectivity in the home, office and mobile environments.  With the industry's broadest portfolio of state-of-the-art system-on-a-chip and embedded software solutions, Broadcom is changing the world by Connecting everything®. For more information, go to www.broadcom.com.

CSR
CSR is a global provider of innovative silicon and software solutions for the location-aware, media-rich, cloud-connected world. Our platforms are optimised for the automotive navigation and infotainment, digital cameras and imaging, connected home infotainment and wireless audio markets. We provide solutions to complex problems in the audio-visual, connectivity and location technology domains across a broad range of markets, with a technology portfolio that includes GPS/GNSS systems, Bluetooth®, Wi-Fi®, FM, NFC, aptX® and CVCTM audio codecs, JPEG, MPEG, H.264 imaging, PDL printing, microcontrollers, DSPs and broadband receivers. CSR's technology solutions and market platforms enable its customers to deliver a superior user experience and are adopted by leaders in the auto, computer, home and mobile markets. More information can be found at www.csr.com. Keep up to date with CSR on our blog, YouTube or follow us on Twitter at twitter.com/CSR_plc

Dialog Semiconductor
Dialog Semiconductor plc creates low-power, energy-efficient, highly integrated, mixed-signal circuits optimised for personal portable, short-range wireless, lighting, display and automotive applications. Our power management and wireless products are used by leaders in Smart-Phones, Tablets and other high growth segments. The company provides flexible and dynamic support, world-class innovation and the assurance of dealing with an established business partner. The company is headquartered near Stuttgart with a global sales, R&D and marketing organisation. We are one of the fastest growing European public semiconductor companies. The company is listed on the Frankfurt (FWB: DLG) stock exchange and is a member of the German TecDAX index.

Eptisa
More than 20 years of successfully experience in the design, development and implementation of Geographic Information Systems customized to client's needs, make us the leader in GIS solutions in Spain and one of the main players in the world. Eptisa Tecnologías de la Información S.A. is part of Eptisa, a group of international Engineering, Architecture and IT companies, completely oriented towards service to the client. Eptisa carries out the most complex projects in the fields of Transportation, Water and Environment, Building, Energy and Industry; applying technological knowledge, creativity, innovation and the latest technologies to progress towards sustainable development of society, to the benefit of people's welfare.

Geomobile
GeoMobile is an internationally recognized research and development partner in the area of mobile assistive systems. Trusted by government and industrial customers, GeoMobile implements bespoke mobile system solutions for various platforms (iPhone, Android, Windows, HTML5) based on different outdoor and indoor positioning systems with a special focus on usability and accessibility. Participating in large-scale European research projects and combining world-class technology expertise with commercial acumen, GeoMobile exploits innovative research and development into leading products, services and technology.

Genasys
Genasys is a leading provider of spatial solutions and mobile location services. Genasys covers the entire LBS value chain providing server systems and client components that allow managing multiple location technologies simultaneously applying the best solution for each use case. Genasys combines experience, products and services common to these areas and maintains a commitment to innovation while focusing on customer success.

Indra
Indra is the number one technology multinational in Spain and one of the leaders in Europe and Latin America. It is the second European company in its sector in terms of R&D, with EUR 550 million invested in the last three years. Its turnover in 2011 was EUR 2,688m and today more than half of its income is from international markets. The company employs 40,000 professionals and has customers in 118 countries.

Insiteo
Insiteo is the leading provider of highly-accurate indoor positioning and location based services worldwide compatible with most smartphone OSs. Our full-range of services aims at increasing site profitability, data intelligence, customer experience and satisfaction levels across airports, shopping centres, retailers, commercial and industrial sites, and museums. Over the years we have invested significant resources in providing the optimal indoor positioning solutions based on network (Wifi, BLE) and GNSS (pseudolite) technologies.

Nokia
Nokia is a global leader in mobile communications whose products have become an integral part of the lives of people around the world. Every day, more than 1.3 billion people use their Nokia to capture and share experiences, access information, find their way or simply speak to one another. Nokia's technological and design innovations have made its brand one of the most recognized in the world. For more information, visit http://www.nokia.com/about-nokia. 

Nomadic Solutions
Nomadic Solutions is a designer of innovative solutions and distributor of products with high added value and is one of the major eco-mobility expert in Europe. Nomadic Solutions is a recognized actor for its expertise in embedded electronics solutions (hardware, firmware). Nomadic Solutions designs and distribute a complete range of hardware solutions in ecodriving (clean tech), in satellite geolocalisation (GPS), in telematics, tracability for company personnel working in the field.

Nordic Semiconductor
Nordic Semiconductor is a global leader within ultra-low power (watch battery) wireless technology, a field it pioneered. Today the company is also an associate member of the Bluetooth SIG and member of the SIG's Board of Directors. Nordic contributed decades of core expertise in ultra-low power wireless to the development of Bluetooth low energy wireless technology - the hallmark feature of the latest Bluetooth v4.0 specification.

Nordic Technology Group
Nordic Technology Group is a leading provider of healthcare technology solutions. Nordic Technology Group's health monitoring services allows caregivers to remotely monitor patient's movements, behavior and health.

NowOn
NowOn Technologies is focused on creating cost effective scalable solutions for specific vertical applications in Remote Health Care, Micro Asset/Patient/Human Monitoring, Tracking, Guiding, one-to-one opt-in marketing/communication for aiding in-context/in-place social commerce and collaborations. NowOn works with an array of technology partners, subsystem/module/device vendors and value added resellers for solution creation and deployment. These solutions derived from the emerging technologies related to "embedded meets mobility", "Internet of Things" are based on a unique combination of efficient HW (end-point) aiding devices, cloud based scalable backends and mobile device touch point apps. Of immediate focus are market opportunities in countries like India.

Primax Electronics Ltd.
Founded in March 1984 in Taiwan, Primax Electronics has come a long way to become a leading global supplier in consumer and business electronics. Spanning over the entire globe, Primax Electronics has headquarters and R&D in Taiwan, manufacturing operations as well as R&D centers in China , and sales and marketing offices in Hong Kong , Japan , Europe and the United states .

The wide range of products Primax Electronics offers can be separated into the following three broad categories:

  • PC Peripheral: mice, keyboards, touch pads, camera modules, etc.
  • Mobile communication: camera modules, Bluetooth headsets, cell phone and mobile device accessories, etc.
  • System products: printers, multi-function printers (MFP), scanners, shredders, laminators, etc.

Primax Electronics believes its employees are the most valuable assets. We are very proud of our creative and dynamic employees.  We also take pride of our solid management system and management team.  Embracing both eastern and western cultures, the management team is dedicated to lead Primax toward continued growth and greater globalization through the delivery of our business vision.

Qualcomm
Qualcomm Incorporated (NASDAQ: QCOM) is the world leader in 3G and next-generation mobile technologies. For more than 25 years, Qualcomm ideas and inventions have driven the evolution of digital communications, linking people everywhere more closely to information, entertainment and each other. Qualcomm is the leading provider of location solutions, having enabled more than a billion location-aware devices around the world. For more information, visit Qualcomm's website, OnQ blog, Twitter and Facebook pages.

RapidBlue Solutions Oy
RapidBlue Solutions is an industry pioneer for tailored consumer analytics. The company provides consumer movement data and performance enhancement to retailers and large indoor environments.

Samsung Electronics Co
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2011 consolidated sales of USD 143.1 billion. Employing approximately 206,000 people in 197 offices across 72 countries, the company operates two separate organizations to coordinate its nine independent business units: Digital Media & Communications, comprising Visual Display, Mobile Communications, Telecommunication Systems, Digital Appliances, IT Solutions, and Digital Imaging; and Device Solutions, consisting of Memory, System LSI and LED. Recognized for its industry-leading performance across a range of economic, environmental and social criteria, Samsung Electronics was named the world's most sustainable technology company in the 2011 Dow Jones Sustainability Index. For more information, please visit www.samsung.com.

Seolane Innovation
Seolane Innovation delivers smart, technology-enabled solutions to solve its customers' toughest challenges. Our commitment to excellence and passion for exceeding expectations are demonstrated every day. Seolane Innovation connects consumers to services in transportation, security and hospitality domains.

Sony Mobile Communications
Sony Mobile Communications is a subsidiary of Tokyo-based Sony Corporation, a leading global innovator of audio, video, game, communications, key device and information technology products for both the consumer and professional markets. With its music, pictures, computer entertainment and online businesses, Sony is uniquely positioned to be the leading electronics and entertainment company in the world. Through its Xperia(TM) smartphone portfolio, Sony Mobile Communications delivers the best of Sony technology, premium content and services, and easy connectivity to Sony's world of networked entertainment experiences. For more information: www.sonymobile.com

TamperSeal AB
TamperSeal AB, founded 2010, is focused to develop and market products for intelligent tamper evident packaging and product authentication. Company mission is to reduce and trace thefts and to obstruct the presence of products counterfeits, providing sustainable trust in products and companies of origin. TamperSeal AB is located in Halmstad and Lund in Sweden.

Team Action Zone (TAZ)
Team Action Zone (TAZ) is a global innovation leader in location based mobile games. TAZ develops and licenses unique games and platforms, which are suitable for team event organizers, attractions such as theme parks, and consumers. TAZ received the Quality Innovation Award 2011 and TAZ game TrezrHunt was selected as the Sports Product of the Year 2011 in Finland.

Visioglobe
Visioglobe® is a simplified joint stock company created in 2007 by Philippe Poutignat (Chairman) and Eric Bernard (CEO). The company has offices in Grenoble (France), and Dubai (UAE). Visioglobe has a capital of 889K€ and closed its first funds rising by the end of 2009 with an investment of 1.2MEUR. The company is developing and editing an innovative software solution for 3D visualization. The technology can be used indoor or outdoor and can be implemented on iPhone, iPad and Android. Visioglobe® is the Winner of the « 2010 NAVTEQ Global LBS Challenge® APAC 2010 ».

Media Enquiries:

Nokia Communications
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Thursday, August 16, 2012

Nokia & Zynga partnership grows to bring blockbuster games to Nokia Asha Touch phones

   

Nokia & Zynga partnership grows to bring blockbuster games to Nokia Asha Touch phones

Draw Something and Zynga Poker coming to over 100 million Nokia consumers during Fall 2012

Espoo, Finland - Nokia today announced they will bring Zynga's global hit games, Draw Something and Zynga Poker, to Nokia Asha Touch devices in Q3 2012 as part of their partnership announced earlier this summer. Nokia Asha Touch users can soon challenge their friends to a round of the popular social drawing and guessing game, or enjoy their own virtual poker match. Zynga's Draw Something and Zynga Poker will both be free to download from Nokia Store

The announcement reinforces Nokia's commitment to delivering must-have app and gaming experiences to consumers of Nokia Series 40 devices, including the Nokia Asha Touch range. Nokia Asha Touch users already enjoy a variety of mobile gaming experiences enabled by global partners such as EA, Gameloft, Rovio, NAMCO BANDAI and now, Zynga.

"It's great to expand our offering of Zynga games to deliver more blockbuster titles across our portfolio of mobile devices, giving consumers great choice and tremendous value," said Bryan Biniak, VP & GM, Global Partnering & Application Development, Nokia. "With premium design, powerful hardware and outstanding gaming capabilities, we're redefining what consumers expect from today's feature phone experience."

Nokia Asha Touch devices have been designed to provide an incredibly rich, fast and engaging experience to consumers:
- The beautifully crafted Nokia Asha 311 is a fast and fluid 3.5G capacitive touchscreen device, powered by a 1GHz processor to provide a great internet experience.
- The bright and edgy Nokia Asha 305 is a fun and affordable phone, featuring the exclusive Easy Swap dual SIM.
- Its sister, the Nokia Asha 306, is a single SIM model, and becomes Nokia's most affordable Wi-Fi handset to date.

The devices feature the new, fully re-designed Asha Touch user interface, which combines proven ease-of-use from Nokia's heritage with new, digital design innovations. The cloud-accelerated Nokia Browser 2.0 makes Internet surfing up to three times faster and 85% cheaper than comparable browsers, and is available to download for free from Nokia Store.

Recently, Nokia Store broke the five billion downloads landmark. From January to April 2012, 42% of all content downloaded from Nokia Store was delivered to Series 40 devices, including the Asha Touch range. To-date, more than 500 Nokia developers have apps which have achieved more than one million downloads, while India Games, Pico Brothers and Inode have all achieved more than 100 million downloads.

About Nokia
Nokia is a global leader in mobile communications whose products have become an integral part of the lives of people around the world. Every day, more than 1.3 billion people use their Nokia to capture and share experiences, access information, find their way or simply to speak to one another. Nokia's technological and design innovations have made its brand one of the most recognized in the world. For more information, visit http://www.nokia.com/about-nokia.  

Media Enquiries:

Nokia
Communications
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Wednesday, August 15, 2012

Nokia comments on S&P's credit rating announcement

   

Nokia comments on S&P's credit rating announcement

Espoo, Finland - Timo Ihamuotila, Nokia's Executive Vice President and CFO, comments on today's rating decision from Standard & Poor's:

"The impact of Standard & Poor's decision on the company is limited. As we continue our transition, we are applying a strong focus on cash conservation while simultaneously reducing our operating costs and making our operating model stronger and more agile.

We ended the second quarter 2012 with gross and net cash both higher than a year earlier. With gross cash of EUR 9.4 billion and net cash of EUR 4.2 billion, we have a strong financial position and robust liquidity profile. We also have access to additional liquidity via a revolving credit facility of EUR 1.5 billion. This is entirely undrawn, available to us until March 2016, and comes without any financial covenants."

Further information on Nokia's debt instruments can be found in the company's Q2 2012 Interim Report issued on July 19, 2012.

About Nokia
Nokia is a global leader in mobile communications whose products have become an integral part of the lives of people around the world. Every day, more than 1.3 billion people use their Nokia to capture and share experiences, access information, find their way or simply to speak to one another. Nokia's technological and design innovations have made its brand one of the most recognized in the world. For more information, visit
http://www.nokia.com/about-nokia

Forward Looking Statements
It should be noted that certain statements herein that are not historical facts are forward-looking statements, including, without limitation, those regarding: A) the expected plans and benefits of our partnership with Microsoft to bring together complementary assets and expertise to form a global mobile ecosystem for smartphones; B) the timing and expected benefits of our new strategies, including expected operational and financial benefits and targets as well as changes in leadership and operational structure; C) the timing of the deliveries of our products and services; D) our ability to innovate, develop, execute and commercialize new technologies, products and services; E) expectations regarding market developments and structural changes; F) expectations and targets regarding our industry volumes, market share, prices, net sales and margins of our products and services; G) expectations and targets regarding our operational priorities and results of operations; H) expectations and targets regarding collaboration and partnering arrangements; I) the outcome of pending and threatened litigation; J) expectations regarding the successful completion of restructurings, investments, acquisitions and divestments on a timely basis and our ability to achieve the financial and operational targets set in connection with any such restructurings, investments, acquisitions and divestments; and K) statements preceded by "believe," "expect," "anticipate," "foresee," "target," "estimate," "designed," "aim", "plans," "intends," "will" or similar expressions. These statements are based on management's best assumptions and beliefs in light of the information currently available to it. Because they involve risks and uncertainties, actual results may differ materially from the results that we currently expect. Factors that could cause these differences include, but are not limited to: 1) our success in the smartphone market, including our ability to introduce and bring to market quantities of attractive, competitively priced Nokia products with Windows Phone that are positively differentiated from our competitors' products, both outside and within the Windows Phone ecosystem; 2) our ability to make Nokia products with Windows Phone a competitive choice for consumers, and together with Microsoft, our success in encouraging and supporting a competitive and profitable global ecosystem for Windows Phone smartphones that achieves sufficient scale, value and attractiveness to all market participants; 3) reduced consumer demand for Nokia smartphones that operate on current versions of the Windows Phone platform as consumers anticipate our launch and sales ramp-up of Nokia smartphones with newer versions of the Windows Phone platform available from Microsoft, specifically the new Windows Phone 8 operating system; 4) the difficulties we experience in having a competitive offering of Symbian devices and maintaining the economic viability of the Symbian smartphone platform during the transition to Windows Phone as our primary smartphone platform; 5) our ability to effectively and timely implement planned changes to our operational structure, including the planned restructuring measures, and to successfully complete the planned investments, acquisitions and divestments in order to improve our operating model and achieve targeted efficiencies and reductions in operating expenses; 6) our future sales performance, among other factors, may require us to recognize allowances related to excess component inventory, future purchase commitments and inventory write-offs in our Devices & Services business; 7) our ability to realize a return on our investment in next generation devices, platforms and user experiences; 8) our ability to produce attractive and competitive feature phones, including devices with more smartphone-like features, in a timely and cost efficient manner with differentiated hardware, software, localized services and applications; 9) the intensity of competition in the various markets where we do business and our ability to maintain or improve our market position or respond successfully to changes in the competitive environment; 10) our ability to retain, motivate, develop and recruit appropriately skilled employees; 11) the success of our Location & Commerce strategy, including our ability to maintain current sources of revenue, provide support for our Devices & Services business and create new sources of revenue from our location-based services and commerce assets; 12) our actual performance in the short-term and long-term could be materially different from our forecasts, which could impact future estimates of recoverable value of our reporting units and may result in impairment charges; 13) our success in collaboration and partnering arrangements with third parties, including Microsoft; 14) our ability to increase our speed of innovation, product development and execution to bring new innovative and competitive mobile products and location-based or other services to the market in a timely manner; 15) our dependence on the development of the mobile and communications industry, including location-based and other services industries, in numerous diverse markets, as well as on general economic conditions globally and regionally; 16) our ability to protect numerous patented standardized or proprietary technologies from third-party infringement or actions to invalidate the intellectual property rights of these technologies; 17) our ability to maintain and leverage our traditional strengths in the mobile product market if we are unable to retain the loyalty of our mobile operator and distributor customers and consumers as a result of the implementation of our strategies or other factors; 18) the success, financial condition and performance of our suppliers, collaboration partners and customers; 19) our ability to manage efficiently our manufacturing and logistics, as well as to ensure the quality, safety, security and timely delivery of our products and services; 20) our ability to source sufficient amounts of fully functional quality components, sub-assemblies, software and services on a timely basis without interruption and on favorable terms; 21) our ability to manage our inventory and timely adapt our supply to meet changing demands for our products; 22) any actual or even alleged defects or other quality, safety and security issues in our products; 23) the impact of a cybersecurity breach or other factors leading to any actual or alleged loss, improper disclosure or leakage of any personal or consumer data collected by us or our partners or subcontractors, made available to us or stored in or through our products; 24) our ability to successfully manage the pricing of our products and costs related to our products and operations; 25) exchange rate fluctuations, including, in particular, fluctuations between the euro, which is our reporting currency, and the US dollar, the Japanese yen and the Chinese yuan, as well as certain other currencies; 26) our ability to protect the technologies, which we or others develop or that we license, from claims that we have infringed third parties' intellectual property rights, as well as our unrestricted use on commercially acceptable terms of certain technologies in our products and services; 27) the impact of economic, political, regulatory or other developments on our sales, manufacturing facilities and assets located in emerging market countries; 28) the impact of changes in government policies, trade policies, laws or regulations where our assets are located and where we do business; 29) the potential complex tax issues and obligations we may incur to pay additional taxes in the various jurisdictions in which we do business and our actual or anticipated performance, among other factors, could result in allowances related to deferred tax assets; 30) any disruption to information technology systems and networks that our operations rely on; 31) unfavorable outcome of litigations; 32) allegations of possible health risks from electromagnetic fields generated by base stations and mobile products and lawsuits related to them, regardless of merit; 33) Nokia Siemens Networks ability to implement its new strategy and restructuring plan effectively and in a timely manner to improve its overall competitiveness and profitability; 34) Nokia Siemens Networks' success in the telecommunications infrastructure services market and Nokia Siemens Networks' ability to effectively and profitably adapt its business and operations in a timely manner to the increasingly diverse service needs of its customers; 35) Nokia Siemens Networks' ability to maintain or improve its market position or respond successfully to changes in the competitive environment; 36) Nokia Siemens Networks' liquidity and its ability to meet its working capital requirements; 37) Nokia Siemens Networks' ability to timely introduce new competitive products, services, upgrades and technologies; 38) Nokia Siemens Networks' ability to execute successfully its strategy for the acquired Motorola Solutions wireless network infrastructure assets; 39) developments under large, multi-year contracts or in relation to major customers in the networks infrastructure and related services business; 40) the management of our customer financing exposure, particularly in the networks infrastructure and related services business; 41) whether ongoing or any additional governmental investigations into alleged violations of law by some former employees of Siemens may involve and affect the carrier-related assets and employees transferred by Siemens to Nokia Siemens Networks; and 42) any impairment of Nokia Siemens Networks customer relationships resulting from ongoing or any additional governmental investigations involving the Siemens carrier-related operations transferred to Nokia Siemens Networks, as well as the risk factors specified on pages 13-47 of Nokia's annual report on Form 20-F for the year ended December 31, 2011 under Item 3D. "Risk Factors." Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Nokia does not undertake any obligation to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.

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