Nokia 2011 Annual Report Download - page 187

There are no material transactions with enterprises controlling, controlled by or under common control
with Nokia or associates of Nokia.
See Note 31 to our consolidated financial statements included in Item 18 of this annual report.
7C. Interests of Experts and Counsel
Not applicable.
ITEM 8. FINANCIAL INFORMATION
8A. Consolidated Statements and Other Financial Information
8A1. See Item 18 for our consolidated financial statements.
8A2. See Item 18 for our consolidated financial statements, which cover the last three financial years.
8A3. See page F-1 for the audit report of our accountants, entitled “Report of Independent Registered
Public Accounting Firm.”
8A4. Not applicable.
8A5. Not applicable.
8A6. See Note 2 to our audited consolidated financial statements included in Item 18 of this annual
report for the amount of our export sales.
8A7. Litigation
Intellectual Property Rights Litigation
InterDigital
In 1999, we entered into a license agreement with InterDigital Technology Corporation and InterDigital
Communications Corporation (together “IDT”). The license provided for a fixed royalty payment through
2001 and most favored licensee treatment from 2002 through 2006. In April 2006, Nokia and IDT
resolved their contract dispute over the patent license terms related to 2G products, with Nokia
obtaining a fully paid-up, perpetual, irrevocable, worldwide license to all of IDT’s current and future
patents for purposes of making or selling 2G products. The IDT settlement terms did not address any
prospective 3G license terms; however, our sale of 3G products was fully released through the date of
the settlement agreements.
Nokia Corporation and Nokia Inc. (referred to collectively as “Nokia”) and IDT currently have pending
legal disputes in the United States regarding IDT’s alleged 3G patents. Among them, in August 2007
IDT filed a complaint against Nokia with the US International Trade Commission (“ITC”) alleging
infringement of two declared essential WCDMA patents, amending the complaint later to add two
additional patents. The consolidated action includes four patents, which were also asserted against
Nokia in a parallel case in the United States District Court for the District of Delaware. The Delaware
case is stayed pending the ITC action. Through its ITC action, IDT is seeking to exclude certain of our
WCDMA handsets from importation and sale in the United States.
A hearing on the merits of IDT’s ITC case was conducted in May 2009. On August 14, 2009, the
Administrative Law Judge issued an opinion finding the patents not invalid, but also not infringed by
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