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Nokia takes high-end innovation to new audiences at Mobile World Congress
(Thomson Reuters ONE Via Acquire Media NewsEdge)
- Nokia Lumia 720 and Nokia Lumia 520 deliver high-end Lumia innovation to more
affordable price points
- Nokia 105 and the Nokia 301 add aspirational Lumia experiences to mobile
phones
- HERE expands its reach
- Developers gain access to exclusive Nokia technology
- Nokia and Microsoft sharpen focus on business customers
Barcelona, Spain - Today at Mobile World Congress, Nokia announced plans to
extend high-end innovations to more people in more markets. Four new devices
bring innovation to new price points, while Nokia's HERE location suite becomes
available for non-Nokia phones in the Windows Phone ecosystem. Nokia also
announced new developer partnerships that use Nokia expertise in imaging,
location and entertainment to deliver exclusive application experiences.
Finally, Nokia and Microsoft are combining their strength in the enterprise
sector to bring more business customers to Windows Phone.
"The momentum behind Nokia is gathering pace. The launches today reflect our
commitment to broadening our devices and services portfolio to meet the demands
of people and businesses around the globe," said Stephen Elop, President and
Chief Executive Officer of Nokia.
"By offering better experiences at a more affordable price we are reinventing
the battle for affordable mobile devices, and Nokia has the building blocks to
win."
Nokia Lumia 720 and Nokia Lumia 520 expand Nokia's Windows Phone 8 portfolio
The Nokia Lumia 720 delivers a high-end camera performance at a mid-range price
point. A large f/1.9 aperture and exclusive Carl Zeiss optics are designed to
deliver bright, clear pictures day and night, while the HD-quality, wide-angle
front-facing camera makes taking pictures with friends and video calling more
enjoyable. The sleek and stylish smartphone comes with the latest high-end Nokia
Lumia experiences, including Nokia Music, the HERE location suite, and the
option to add wireless charging with a snap-on wireless charging cover.
The Nokia Lumia 720 comes in five colors, with an estimated starting price of
EUR 249 before taxes and subsidies. Rollout is planned to start in Hong Kong,
Vietnam and Singapore in Q1 2013, before continuing into broader markets in Q2,
including China as well as key markets in Europe, Asia, Africa and India.
The Nokia Lumia 520 is Nokia's most affordable Windows Phone 8 smartphone,
delivering experiences normally only found in high-end smartphones, such as the
same digital camera lenses found on the flagship Nokia Lumia 920, Nokia Music
for free music out of the box and even offline, and the HERE location suite. A
four-inch super sensitive touchscreen makes for a more responsive and immersive
content experience than can usually be found at this price.
The Nokia Lumia 520 comes in five colors, with an estimated starting price of
EUR 139, before taxes and subsidies. Roll-out is planned to begin in Q1 2013 in
Hong Kong and Vietnam, before expanding broadly in Q2 to markets in Europe, Asia
- including China and India - Latin America and Africa. The Nokia Lumia 520 is
also planned to roll out in the United States with T-Mobile.
Nokia also announced that following the launch of the Nokia Lumia 920T by China
Mobile last year, the world's biggest mobile operator would bring the Nokia
Lumia 720 and the Nokia Lumia 520 to China. Further details on exact
availability will be announced in due course.
Nokia's official blog, Nokia Conversations, has additional information on the
Nokia Lumia 720 and the Nokia Lumia 520.
Nokia 105 and the Nokia 301 add aspirational Lumia experiences to mobile phones
Nokia also unveiled the Nokia 105, its most affordable phone to date, and the
Nokia 301, for more affordable Internet and email access, and camera experiences
inspired by Nokia Lumia smartphones.
The Nokia 105 is the ideal device for the first-time phone buyer, featuring a
bright color screen with clear menus and essentials like FM radio; multiple
alarm clocks; speaking clock; a dust and splash-proof, pillowed key pad; and a
flashlight. Its durability and up to 35-day battery life also make it ideal for
people seeking a back-up device.
The Nokia 105 is available in black and cyan for a recommended price of EUR 15.
It is planned to start rolling out in Q1 2013 and is expected to be gradually
expanded to in China, Egypt, India, Indonesia, Nigeria, Russia, Vietnam and
other markets in Africa, Middle East, Asia-Pacific and Europe.
The colorful Nokia 301 delivers elegant design and a bold color palette, with a
fast, 3.5G Internet connection and Nokia Xpress Browser preloaded for up to 90
percent more data efficiency. It is the most affordable Nokia device to offer
video streaming and also comes with new smart camera features, inspired by the
digital camera lenses on the Nokia Lumia smartphones.
The Nokia 301 is available in cyan, black, magenta, yellow and white for a
recommended price of EUR 65. It is planned to start rolling out in Q2 2013 and
is expected to be available in more than 120 countries in Africa, Asia-Pacific,
Europe, India, Middle East and Latin America.
Nokia Conversations has more on the Nokia 105 and Nokia 301.
HERE expands its reach
Nokia also announced that while HERE, its new brand for location experiences,
will continue to offer first and best experiences on Lumia, HERE Maps, HERE
Drive and HERE Transit would become available for non-Nokia Windows Phone
smartphones in selected markets.
The new HERE Maps come with LiveSight(TM), Nokia's set of augmented-reality
technologies. LiveSight(TM) uses "sight" as a fundamentally new way to discover
and navigate the world, recognizing what people see through their phone's camera
and layering that view with relevant, place-based information. LiveSight(TM)
also powers Place Tag, a new digital lens introduced for Lumia today. Combining
Nokia's unique capabilities in location and imaging, Place Tag adds location
stamps to photos with relevant information about pictured places.
Nokia Conversations has more on the HERE news.
Developers gain access to exclusive Nokia technology
Nokia announced that with more than 130 000 applications now available on
Windows Phone, it is opening up its APIs in imaging, location and music to
encourage developers to build unique and innovative application experiences for
Lumia. New apps from Burton, GoPro and FourSquare are already taking advantage
of these opportunities, while Nokia announced a new cooperation with Dreamworks
Animations SKG. The cooperation will see Dreamworks developers use Nokia APIs to
deliver rich, interactive entertainment experiences, exclusively for Nokia
devices, starting from the second half of 2013.
Nokia and Microsoft sharpen focus on business customers
Finally, Nokia and Microsoft are sharpening their focus on bringing business
customers from competitor platforms to Windows Phone using the combined strength
of Windows Phone 8 and the popular appeal of Nokia Lumia smartphones. In
addition to announcing recent business wins, Nokia confirmed operators including
Everything Everywhere, Elisa, Orange, Telstra and Vodafone are ranging Nokia
Lumia smartphones as their business hero devices.
About Nokia
Nokia is a global leader in mobile communications whose products have become an
integral part of the lives of people around the world. Every day, more than 1.3
billion people use their Nokia to capture and share experiences, access
information, find their way or simply to speak to one another. Nokia's
technological and design innovations have made its brand one of the most
recognized in the world. For more information, visit http://www.nokia.com/about-
nokia.
Check out the current and upcoming MWC 2013 posts at Nokia Conversations.
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FORWARD-LOOKING STATEMENTS
It should be noted that Nokia and its business is exposed to various risks and
uncertainties and certain statements herein that are not historical facts are
forward-looking statements, including, without limitation, those regarding: A)
the expected plans and benefits of our partnership with Microsoft to bring
together complementary assets and expertise to form a global mobile ecosystem
for smartphones; B) the timing and expected benefits of our strategies,
including expected operational and financial benefits and targets as well as
changes in leadership and operational structure; C) the timing of the deliveries
of our products and services; D) our ability to innovate, develop, execute and
commercialize new technologies, products and services; E) expectations regarding
market developments and structural changes; F) expectations and targets
regarding our industry volumes, market share, prices, net sales and margins of
our products and services; G) expectations and targets regarding our operational
priorities and results of operations; H) expectations and targets regarding
collaboration and partnering arrangements; I) the outcome of pending and
threatened litigation and regulatory proceedings; J) expectations regarding the
successful completion of restructurings, investments, acquisitions and
divestments on a timely basis and our ability to achieve the financial and
operational targets set in connection with any such restructurings, investments,
acquisitions and divestments; and K) statements preceded by "believe," "expect,"
"anticipate," "foresee," "target," "estimate," "designed," "aim", "plans,"
"intends," "will" or similar expressions. These statements are based on
management's best assumptions and beliefs in light of the information currently
available to it. Because they involve risks and uncertainties, actual results
may differ materially from the results that we currently expect. Factors,
including risks and uncertainties, that could cause these differences include,
but are not limited to: 1) our success in the smartphone market, including our
ability to introduce and bring to market quantities of attractive, competitively
priced Nokia products that operate on the Windows Phone operating system that
are positively differentiated from our competitors' products, both outside and
within the Windows Phone ecosystem; 2) our ability to make Nokia products that
operate on the Windows Phone operating system a competitive choice for
consumers, and together with Microsoft, our success in encouraging and
supporting a competitive and profitable global ecosystem for Windows Phone
products that achieves sufficient scale, value and attractiveness to all market
participants; 3) reduced demand for, and net sales of, Nokia Lumia products that
operate on the Windows Phone 7 operating system as a result of increasing
availability of Nokia Lumia products with the new Windows Phone 8 operating
system; 4) the expected continuing decline of sales of Symbian devices and the
significantly diminishing viability of the Symbian smartphone platform; 5) our
ability to produce attractive and competitive devices in our Mobile Phones
business unit including feature phones and devices with more smartphone-like
features such as full touch devices, in a timely and cost efficient manner with
differentiated hardware, software, localized services and applications; 6) our
ability to effectively and timely implement planned changes to our operational
structure, including the planned restructuring measures, and to successfully
complete the planned investments, acquisitions and divestments in order to
improve our operating model and achieve targeted efficiencies and reductions in
operating expenses as well as our ability to accurately estimate the related
restructuring charges and restructuring related cash outflows; 7) our future
sales performance, among other factors, may require us to recognize allowances
related to excess component inventory, future purchase commitments and inventory
write-offs in our Devices & Services business; 8) our ability to realize a
return on our investment in next generation devices, platforms and user
experiences; 9) the intensity of competition in the various markets where we do
business and our ability to maintain or improve our market position or respond
successfully to changes in the competitive environment; 10) our ability to
retain, motivate, develop and recruit appropriately skilled employees; 11) the
success of our Location & Commerce strategy, including our ability to establish
a successful location-based platform, extend our location-based services across
devices and operating systems, provide support for our Devices & Services
business and create new sources of revenue from our location-based services and
commerce assets; 12) our actual performance in the short-term and long-term
could be materially different from our forecasts, which could impact future
estimates of recoverable value of our reporting units and may result in
impairment charges; 13) our success in collaboration and partnering arrangements
with third parties, including Microsoft; 14) our ability to increase our speed
of innovation, product development and execution to bring new innovative and
competitive mobile products and location-based or other services to the market
in a timely manner; 15) our dependence on the development of the mobile and
communications industry, including location-based and other services industries,
in numerous diverse markets, as well as on general economic conditions globally
and regionally; 16) our ability to protect numerous patented standardized or
proprietary technologies from third-party infringement or actions to invalidate
the intellectual property rights of these technologies and our ability to
maintain the existing sources of intellectual property related income or
establish new such sources; 17) our ability to maintain and leverage our
traditional strengths in the mobile product market if we are unable to retain
the loyalty of our mobile operator and distributor customers and consumers as a
result of the implementation of our strategies or other factors; 18) the
success, financial condition and performance of our suppliers, collaboration
partners and customers; 19) our ability to manage efficiently our manufacturing
and logistics, as well as to ensure the quality, safety, security and timely
delivery of our products and services; 20) 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,
particularly as we ramp our new Lumia smartphone devices; 21) our ability to
manage our inventory and timely adapt our supply to meet changing demands for
our products, particularly as we ramp our new Lumia smartphone devices; 22) any
actual or even alleged defects or other quality, safety and security issues in
our products; 23) 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; 24) our ability to successfully
manage the pricing of our products and costs related to our products and
operations; 25) 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; 26) 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; 27) the
impact of economic, political, regulatory or other developments on our sales,
manufacturing facilities and assets located in emerging market countries; 28)
the impact of changes in government policies, trade policies, laws or
regulations where our assets are located and where we do business; 29) the
potential complex tax issues and obligations we may incur to pay additional
taxes in the various jurisdictions in which we do business and our actual or
anticipated performance, among other factors, could result in allowances related
to deferred tax assets; 30) any disruption to information technology systems and
networks that our operations rely on, which may be for instance caused by our
inability to successfully and smoothly implement our plans to streamline our IT
organization including the transfer of some activities and employees to
strategic partners; 31) unfavorable outcome of litigations and regulatory
proceedings; 32) allegations of possible health risks from electromagnetic
fields generated by base stations and mobile products and lawsuits related to
them, regardless of merit; 33) 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; 34) Nokia Siemens
Networks' success in the mobile broadband and services market and Nokia Siemens
Networks' ability to effectively and profitably adapt its business and
operations in a timely manner to the increasingly diverse service needs of its
customers; 35) Nokia Siemens Networks' ability to maintain or improve its market
position or respond successfully to changes in the competitive environment; 36)
Nokia Siemens Networks' liquidity and its ability to meet its working capital
requirements; 37) Nokia Siemens Networks' ability to timely introduce new
competitive products, services, upgrades and technologies; 38) Nokia Siemens
Networks' ability to execute successfully its strategy for the acquired Motorola
Solutions wireless network infrastructure assets; 39) developments under large,
multi-year contracts or in relation to major customers in the networks
infrastructure and related services business; 40) the management of our customer
financing exposure, particularly in the networks infrastructure and related
services business; 41) whether ongoing or any additional governmental
investigations into 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; and 42) 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 on pages 13-47 of Nokia's annual report on Form 20-F for the year
ended December 31, 2011 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.
Media Enquiries:
Nokia
Communications
Tel. +358 7180 34900
Email: press.services@nokia.com
www.nokia.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: NOKIA via Thomson Reuters ONE
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