Nokia 2006 Annual Report Download - page 6

FORWARDLOOKING STATEMENTS
It should be noted that certain statements herein which are not historical facts, including, without
limitation, those regarding:
)the timing of product and solution deliveries;
)our ability to develop, implement and commercialize new products, solutions and
technologies;
)expectations regarding market growth, developments and structural changes;
)expectations regarding our mobile device volume growth, market share, prices and margins;
)expectations and targets for our results of operations;
)the outcome of pending and threatened litigation;
)expected timing, scope and effects of the merger of Nokia’s and Siemens’ communications
service provider businesses; and
)statements preceded by ‘‘believe,’’ ‘‘expect,’’ ‘‘anticipate,’’ ‘‘foresee,’’ ‘‘target,’’ ‘‘estimate,’’
‘‘designed,’’ ‘‘plans,’’ ‘‘will’’ or similar expressions
are forwardlooking statements.
Because these statements 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. competitiveness of our product portfolio;
2. our ability to identify key market trends and to respond timely and successfully to the needs
of our customers;
3. the extent of the growth of the mobile communications industry, as well as the growth and
profitability of the new market segments within that industry which we target;
4. the availability of new products and services by network operators and other market
participants;
5. our ability to successfully manage costs;
6. the intensity of competition in the mobile communications industry and our ability to
maintain or improve our market position and respond successfully to changes in the
competitive landscape;
7. the impact of changes in technology and our ability to develop or otherwise acquire
complex technologies as required by the market, with full rights needed to use;
8. timely and successful commercialization of complex technologies as new advanced products
and solutions;
9. our ability to protect the complex 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 solution offerings;
10. our ability to protect numerous Nokia patented, standardized, or proprietary technologies
from third party infringement or actions to invalidate the intellectual property rights of
these technologies;
11. 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 solutions;
12. inventory management risks resulting from shifts in market demand;
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