Nokia 2012 Annual Report Download - page 8

24) our ability to protect the technologies, which we or others develop or which 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 product and
services;
25) the impact of economic, regulatory, political or other development on our sales, manufacturing
facilities and assets located in emerging market countries as well as the impact of regulations
against imports to those countries;
26) the impact of changes in and enforcement of government policies, technical standards, trade
policies, laws or regulations in countries where our assets are located and where we do
business;
27) investigations or claims by contracting parties in relation to exits from countries, areas or
contractual arrangements;
28) unfavorable outcome of litigation, regulatory proceedings or investigations by authorities;
29) allegations of possible health risks from electromagnetic fields generated by base stations
and mobile devices, and the lawsuits and publicity related to them, regardless of merit;
30) Nokia Siemens Networks’ success in the mobile broadband infrastructure and related
services market and its ability to effectively, profitably and timely adapt business and
operations to the diverse needs of its customers;
31) Nokia Siemens Networks’ ability to maintain and improve its market position and respond
successfully to changes and competition in the mobile broadband infrastructure and related
services market;
32) Nokia Siemens Networks’ success in implementing its restructuring plan and reducing its
operating expenses and other costs;
33) Nokia Siemens Networks’ ability to invest in and timely introduce new competitive products,
services, upgrades and technologies;
34) Nokia Siemens Networks’ dependence on limited number of customers and large, multi-year
contracts;
35) Nokia Siemens Networks’ liquidity and its ability to meet its working capital requirements,
including access to available credit under its financing arrangements and other credit lines as
well as cash at hand;
36) the management of Nokia Siemens Networks’ customer financing exposure;
37) whether ongoing or any additional governmental investigations of 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;
38) 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 on 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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