Nokia takes new steps to protect its innovations and intellectual property - Seite 4

ensure the quality, safety, security and timely delivery of our products and
services; 17) our ability to source sufficient amounts of fully functional
quality components, sub-assemblies, software and services on a timely basis
without interruption and on favorable terms; 18) our ability to manage our
inventory and timely adapt our supply to meet changing demands for our products;
19) any actual or even alleged defects or other quality, safety and security
issues in our product; 20) the impact of a cybersecurity breach or other factors
leading to any actual or alleged loss, improper disclosure or leakage of any
personal or consumer data collected by us or our partners or subcontractors,
made available to us or stored in or through our products; 21) our ability to
successfully manage the pricing of our products and costs related to our
products and operations; 22) exchange rate fluctuations, including, in
particular, fluctuations between the euro, which is our reporting currency, and
the US dollar, the Japanese yen and the Chinese yuan, as well as certain other
currencies; 23) 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; 24) the
impact of economic, political, regulatory or other developments on our sales,
manufacturing facilities and assets located in emerging market countries; 25)
the impact of changes in government policies, trade policies, laws or
regulations where our assets are located and where we do business; 26) the
potential complex tax issues and obligations we may incur to pay additional
taxes in the various jurisdictions in which we do business; 27) any disruption
to information technology systems and networks that our operations rely on; 28)
unfavorable outcome of litigations;  29) allegations of possible health risks
from electromagnetic fields generated by base stations and mobile products and
lawsuits related to them, regardless of merit; 30) Nokia Siemens Networks
ability to implement its new strategy and restructuring plan effectively and in
a timely manner to improve its overall competitiveness and profitability; 31)
Nokia Siemens Networks´ success in the telecommunications infrastructure
services market and Nokia Siemens Networks´ ability to effectively and
profitably adapt its business and operations in a timely manner to the