Nokia 2009 Annual Report Download - page 35

Download and view the complete annual report

Please find page 35 of the 2009 Nokia annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 264

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252
  • 253
  • 254
  • 255
  • 256
  • 257
  • 258
  • 259
  • 260
  • 261
  • 262
  • 263
  • 264

business, with the goal of establishing leadership in every major global market. Basic industry
and nontelecommunications operations—including paper, personal computer, rubber,
footwear, chemicals, power plant, cable, aluminum and television businesses—were divested
during the period from 1989 to 1996.
Mobile communications evolved rapidly during the 1990s and early 2000s, creating new
opportunities for devices in entertainment and enterprise use. This trend—where mobile
devices increasingly support the features of singlepurposed product categories such as music
players, cameras, pocketable computers and gaming consoles—is often referred to as digital
convergence.
Nokia Siemens Networks began operations on April 1, 2007. The company, jointly owned by
Nokia and Siemens and consolidated by Nokia, combined Nokia’s networks business and
Siemens’ carrierrelated operations for fixed and mobile networks.
Since 2007, we have continued to develop our services offering with acquisitions of key
technologies, content and expertise. For example, in 2008 we acquired NAVTEQ, a leading
provider of comprehensive digital map information and related locationbased content and
services. In 2009, we acquired certain assets of cellity, a mobile software company that has
developed a solution for aggregating address book data, as well as certain assets of Plum
Ventures, Inc that develops and operates a cloudbased social media sharing and messaging
service for private groups. We also acquired Dopplr Oy, a mobile service provider for
international travelers. These acquisitions along with others have brought us additional
Internet services expertise and are enabling us to accelerate the delivery of services we offer
through Ovi, our Internet services brand.
In 2008, we completed the acquisition of Symbian Limited, the company that developed and
licensed Symbian operating system, the marketleading smartphone software platform. The
acquisition was an important step by Nokia and industry partners to develop Symbian
operating system into an open and unified mobile software platform. Symbian Foundation, a
nonprofit organization, now manages the platform which has been fully open source and
available royaltyfree since February 2010.
As part of our efforts to concentrate on services that we have identified as core to Nokia’s
offering, we have also made disposals, including, most recently, the sale of Identity Systems,
an enterprise software development business; the sale of our security appliance business; and
the sale of Symbian Professional Services.
Organizational Structure
We have three operating and reportable segments for financial reporting purposes: Devices &
Services; NAVTEQ; and Nokia Siemens Networks.
Devices & Services
is responsible for developing and managing our portfolio of mobile devices, which
we make for all major consumer segments, as well as designing and developing services, including
applications and content, that enrich the experience people have with their mobile devices. Devices &
Services also manages our supply chains, sales channels, brand and marketing activities for mobile
devices and services and their combinations, and explores corporate strategic and future growth
opportunities for Nokia.
NAVTEQ
is a leading provider of comprehensive digital map information and related locationbased
content and services for automotive navigation systems, mobile navigation devices, Internetbased
mapping applications, and government and business solutions. NAVTEQ became a whollyowned
subsidiary of Nokia following the acquisition of NAVTEQ Corporation by Nokia in July 2008.
Nokia Siemens Networks
, jointly owned by Nokia and Siemens and consolidated by Nokia, provides
mobile and fixed network infrastructure, communications and networks service platforms, as well as
33