Nokia 2006 Annual Report Download - page 30

In early 2006, Nokia and SANYO conducted negotiations to form a new jointlyowned CDMA mobile
device company, but in June 2006 the parties announced that they had concluded it was more
beneficial to pursue other options individually for their CDMA handset businesses. Working together
with codevelopment partners, Nokia now intends to selectively participate in key CDMA markets,
with a special focus on North America, China and India. Accordingly, Nokia is ramping down its CDMA
research, development and production, which will cease by April 2007.
Vertu focuses on establishing a luxury mobile phone category with handcrafted, luxury
communications products. Vertu handsets are sold at more than 350 points of sales in over
40 countries. Recent announcements include:
)Vertu’s third collection, Constellation, available in 18 carat yellow gold or stainless steel, and
with a variety of leather trims and bezel finishes.
)The third limited edition in the Ascent Collection, celebrating the legendary racetracks of the
world, and a Collectors’ limited edition box set featuring all six limited edition handsets in a
specially designed carbon fiber and titanium box.
)The 2006 Signature Diamond Collection, including a limited edition handset in collaboration
with French jeweler Boucheron.
Multimedia
Multimedia gives people the ability to create, access, experience and share multimedia in the form of
advanced mobile multimedia computers and applications with connectivity over multiple technology
standards. Multimedia aims to take advantage of digital convergence by capturing value from
traditional singlepurposed product categories – including music players, cameras, pocketable
computers and gaming consoles – by bringing the functionalities of these devices into our devices.
An integral part of our strategy is for our multimedia computers to be the devices of choice for
people participating in the Web 2.0 phenomenon, where people can create and share their
experiences through online communities.
In 2006, we continued to build the Nokia Nseries subbrand and multimedia computer category by
bringing new products and applications to the market. Nokia Nseries multimedia computers offer
consumers the ability to record video and still pictures, printquality images, watch TV, listen to
music, access the web and email, and make phone calls. In addition to supporting 3G/WCDMA
connectivity, certain Nokia Nseries multimedia computers also feature noncellular connectivity,
including WLAN, FM radio, Digital Video BroadcastingHandheld (DVBH), and Bluetooth.
In 2006, Multimedia also continued sales of preNokia Nseries multipurpose mobile devices, such as
the Nokia 7610 and Nokia 6600.
Multimedia highlights from 2006 include:
)In the third quarter, we announced the acquisitions of Loudeye, a global leader in digital
music platforms and digital media distribution services, and gate5, a leading supplier of
mapping, routing and navigation software and services. The acquisitions, both of which were
completed during the fourth quarter 2006, are intended to accelerate the development of
Nokia’s music and locationbased experiences for consumers.
)Strong consumer demand for Nokia Nseries multimedia computers, including the Nokia N70,
Nokia N72 and Nokia N73.
)Shipments from the third quarter of the Nokia N93, the first Nokia device featuring optical
zoom and DVDlike quality video recording.
)The announcement of the Nokia N95, featuring support for highspeed mobile connectivity
over HSDPA and WLAN and a Global Positioning System with the Maps application.
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