Nokia initiates charger exchange program
(Thomson Reuters ONE) - Corporate news announcement processed and transmitted by Hugin AS.The issuer is solely responsible for the content of this announcement. ------------------------------------------------------------------------------------ Espoo, Finland - Nokia today initiated a charger exchange program, inwhich consumers owning certain Nokia-branded chargers manufactured bya third-party supplier are recommended to exchange these chargers forfree replacements.During a routine quality control process, Nokia identified apotential product quality issue with certain chargers manufactured byone of its third-party suppliers. The plastic covers of the affectedchargers could come loose and separate, exposing the charger'sinternal components and potentially posing an electrical shock hazardif certain internal components are touched while the charger isplugged into a live socket. Nokia is not aware of any incidents orinjuries related to these chargers.Only a limited number of chargers of certain model types manufacturedby a single third-party supplier during a specific time period arewithin the scope of the exchange program. They are the AC-3E andAC-3U models, manufactured between June 15, 2009 and August 9, 2009;and the AC-4U model, manufactured between April 13, 2009 and October25, 2009.For more information, including how consumers can check to see iftheir chargers are part of this exchange program, Nokia hasestablished a website. Consumers are asked to visithttp://chargerexchange.nokia.com or their local Nokia website.Nokia recommends consumers with chargers within the scope of thisexchange program to stop using the charger and exchange it for a freereplacement.About NokiaNokia is a pioneer in mobile telecommunications and the world'sleading maker of mobile devices. Today, we are connecting people innew and different ways - fusing advanced mobile technology withpersonalised services to enable people to stay close to what mattersto them. We also provide comprehensive digital map informationthrough NAVTEQ; and equipment, solutions and services forcommunications networks through Nokia Siemens Networks.FORWARD-LOOKING STATEMENTSIt should be noted that certain statements herein which are nothistorical facts, including, without limitation, those regarding: A)the timing of product, services and solution deliveries; B) ourability to develop, implement and commercialize new products,services, solutions and technologies; C) our ability to develop andgrow our consumer Internet services business; D) expectationsregarding market developments and structural changes; E) expectationsregarding our mobile device volumes, market share, prices andmargins; F) expectations and targets for our results of operations;G) the outcome of pending and threatened litigation; H) expectationsregarding the successful completion of contemplated acquisitions on atimely basis and our ability to achieve the set targets upon thecompletion of such acquisitions; and I) statements preceded by"believe," "expect," "anticipate," "foresee," "target," "estimate,""designed," "plans," "will" or similar expressions areforward-looking statements. These statements are based onmanagement's best assumptions and beliefs in light of the informationcurrently available to it. Because they involve risks anduncertainties, actual results may differ materially from the resultsthat we currently expect. Factors that could cause these differencesinclude, but are not limited to: 1) the deteriorating global economicconditions and related financial crisis and their impact on us, ourcustomers and end-users of our products, services and solutions, oursuppliers and collaborative partners; 2) the development of themobile and fixed communications industry, as well as the growth andprofitability of the new market segments that we target and ourability to successfully develop or acquire and market products,services and solutions in those segments; 3) the intensity ofcompetition in the mobile and fixed communications industry and ourability to maintain or improve our market position or respondsuccessfully to changes in the competitive landscape; 4)competitiveness of our product, services and solutions portfolio; 5)our ability to successfully manage costs; 6) exchange ratefluctuations, including, in particular, fluctuations between theeuro, which is our reporting currency, and the US dollar, theJapanese yen, the Chinese yuan and the UK pound sterling, as well ascertain othercurrencies; 7) the success, financial condition and performance ofour suppliers, collaboration partners and customers; 8) our abilityto source sufficient amounts of fully functional components,sub-assemblies, software and content without interruption and atacceptable prices; 9) the impact of changes in technology and ourability to develop or otherwise acquire and timely and successfullycommercialize complex technologies as required by the market; 10) theoccurrence of any actual or even alleged defects or other quality,safety or security issues in our products, services and solutions;11) the impact of changes in government policies, trade policies,laws or regulations or political turmoil in countries where we dobusiness; 12) our success in collaboration arrangements with othersrelating to development of technologies or new products, services andsolutions; 13) our ability to manage efficiently our manufacturingand logistics, as well as to ensure the quality, safety, security andtimely delivery of our products, services and solutions; 14)inventory management risks resulting from shifts in market demand;15) our ability to protect the complex technologies, which we orothers develop or that we license, from claims that we have infringedthird parties' intellectual property rights, as well as ourunrestricted use on commercially acceptable terms of certaintechnologies in our products, services and solutions; 16) our abilityto protect numerous Nokia, NAVTEQ and Nokia Siemens Networkspatented, standardized or proprietary technologies from third-partyinfringement or actions to invalidate the intellectual propertyrights of these technologies; 17) any disruption to informationtechnology systems and networks that our operations rely on; 18)developments under large, multi-year contracts or in relation tomajor customers; 19) the management of our customer financingexposure; 20) our ability to retain, motivate, develop and recruitappropriately skilled employees; 21) whether, as a result ofinvestigations into alleged violations of law by some formeremployees of Siemens AG ("Siemens"), government authorities or otherstake further actions against Siemens and/or its employees that mayinvolve and affect the carrier-related assets and employeestransferred by Siemens to Nokia Siemens Networks, or there may beundetected additional violations that may have occurred prior to thetransfer, or violations that may have occurred after the transfer, ofsuch assets and employees that could result in additional actions bygovernment authorities; 22) any impairment of Nokia Siemens Networkscustomer relationships resulting from the ongoing governmentinvestigations involving the Siemens carrier-related operationstransferred to Nokia Siemens Networks; 23) unfavorable outcome oflitigations; 24) allegations of possible health risks fromelectromagnetic fields generated by base stations and mobile devicesand lawsuits related to them, regardless of merit; as well as therisk factors specified on pages 11-28 of Nokia's annual report onForm 20-F for the year ended December 31, 2008 under Item 3D. "RiskFactors." Other unknown or unpredictable factors or underlyingassumptions subsequently proving to be incorrect could cause actualresults to differ materially from those in the forward-lookingstatements. Nokia does not undertake any obligation to publiclyupdate or revise forward-looking statements, whether as a result ofnew information, future events or otherwise, except to the extentlegally required.Media Enquiries:NokiaCommunicationsTel. +358 7180 34900E-mail: press.services(at)nokia.comwww.nokia.com --- End of Message ---NOKIAP.O. Box 226
FIN-00045 NOKIA GROUP Espoo WKN: 870737; ISIN: FI0009000681; Index: DJ STOXX Large 200, DJ STOXX 50;Listed: Nordic list (Large Cap) in THE HELSINKI STOCK EXCHANGE;
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Datum: 09.11.2009 - 10:00 Uhr
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