Nokia 2009 Annual Report Download - page 8

11. our success in collaboration arrangements with third parties relating to the development of
new technologies, products and services, including applications and content;
12. 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 and their
combinations;
13. our ability to manage our inventory and timely adapt our supply to meet changing demands
for our products;
14. 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 and their combinations;
15. our ability to protect numerous Nokia, NAVTEQ and Nokia Siemens Networks patented,
standardized or proprietary technologies from thirdparty infringement or actions to
invalidate the intellectual property rights of these technologies;
16. the impact of changes in government policies, trade policies, laws or regulations and
economic or political turmoil in countries where our assets are located and we do business;
17. any disruption to information technology systems and networks that our operations rely on;
18. our ability to retain, motivate, develop and recruit appropriately skilled employees;
19. unfavorable outcome of litigations;
20. allegations of possible health risks from electromagnetic fields generated by base stations
and mobile devices and lawsuits related to them, regardless of merit;
21. our ability to achieve targeted costs reductions and increase profitability in Nokia Siemens
Networks and to effectively and timely execute related restructuring measures;
22. developments under large, multiyear contracts or in relation to major customers in the
networks infrastructure and related services business;
23. the management of our customer financing exposure, particularly in the networks
infrastructure and related services business;
24. whether ongoing or any additional governmental investigations into alleged violations of
law by some former employees of Siemens AG (“Siemens”) may involve and affect the
carrierrelated assets and employees transferred by Siemens to Nokia Siemens Networks;
25. 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 in this annual report 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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