Nokia Vuonna 2020

Total Page:16

File Type:pdf, Size:1020Kb

Nokia Vuonna 2020 Nokia vuonna 2020 Nokia vuonna 2020 Nokia vuonna 2020 Liiketoimintakatsaus 02 Nokia vuonna 2020 04 Toimitusjohtajamme katsaus 06 Strategiamme 10 Nokian historia 19 Innovaatio 21 Nokia Bell Labs 22 Myynti ja markkinointi 25 Liiketoimintaryhmämme 26 Mobile Networks 26 Global Services 28 Fixed Networks 30 IP/Optical Networks 32 Nokia Software 34 Nokia Enterprise 36 Nokia Technologies 40 Keskeiset alan trendit 44 Hallinto Selvitys hallinto- ja ohjausjärjestelmästä 46 Palkat ja palkkiot 66 Hallituksen toimintakertomus 80 Liiketoimintakuvaus 82 Hallituksen katsaus 83 Keskeiset tunnusluvut 84 Taloudellinen katsaus 85 Toimintamme COVID-19-pandemian aikana 94 Kestävä kehitys ja vastuullisuus 98 Osakkeet ja osakkeenomistajat 108 Nokian yhtiöjärjestys 112 Riskitekijät 114 Merkittävät tapahtumat tilikauden päättymisen jälkeen 117 Tunnuslukujen laskentakaavat 118 Vaihtoehtoisten tunnuslukujen laskentakaavat 119 Tilinpäätös 120 Konsernitilinpäätös 122 Konsernitilinpäätöksen liitetiedot 127 Emoyhtiön tilinpäätös 193 Emoyhtiön tilinpäätöksen liitetiedot 197 Tilinpäätöksen ja toimintakertomuksen 2020 allekirjoitus 211 Tilintarkastuskertomus 212 Muut tiedot 216 Tulevaisuutta koskevat lausumat 218 Tiettyjen käsitteiden käyttö 219 Termit 220 Tietoja sijoittajille 223 Yhteystiedot 224 Kansikuva 5G-testausta Stargate-antennikammiossa. Espoon Executive Experience Centerissä vierailijat saavat kattavan näkemyksen liiketoiminnastamme. NOKIA VUONNA 2020 01 02 NOKIA VUONNA 2020 Liiketoimintakatsaus Nokia vuonna 2020 04 Toimitusjohtajamme katsaus 06 Strategiamme 10 Nokian historia 19 Innovaatio 21 Nokia Bell Labs 22 Myynti ja markkinointi 25 Liiketoimintaryhmämme 26 Mobile Networks 26 Global Services 28 Fixed Networks 30 IP/Optical Networks 32 Nokia Software 34 Nokia Enterprise 36 Nokia Technologies 40 Keskeiset alan trendit 44 Oulun tehtaalla hallittu ympäristö mahdollistaa useiden asiakkaiden 5G-käyttötapausten ja -kokoonpanojen testaamisen samanaikaisesti. NOKIA VUONNA 2020 03 Nokia vuonna 2020 Koko ihmiskunta yhteydessä toisiinsa Nokia Maailma selviytyi poikkeuksellisen vaikeasta vuodesta. Elimme, opimme, työskentelimme ja olimme vuorovaikutuksessa toisiimme verkon välityksellä. Tämä vuonna valtava muutos tapahtui nopeasti ja ilman varoitusta. Asiakkaamme joutuivat suunnattoman paineen alle, mutta selviytyivät avullamme. 2020 Tämä muistuttaa meitä siitä, että tietoliikenneyhteydet ovat kriittinen osa nyky-yhteiskuntaa ja Nokian vastuulla on varmistaa niiden toimivuus. Me myös kannamme tämän vastuun. Vuonna 2020 tuotteemme ja palvelumme edesauttoivat uusia innovaatioita muun muassa tehokkaissa julkisissa palveluissa, etäopetuksessa, optimoidussa logistiikassa, älykkäässä terveydenhuollossa, digitaalisissa startup-yrityksissä, puhtaassa energiantuotannossa, jätteettömässä teollisuudessa ja perinteisissä verkkoyhteyksissä. Kaikessa tässä keskityimme jatkuvasti turvallisuuteen, lisäarvoon ja suorituskykyyn. Maailma ansaitsee turvalliset ja toimivat yhteydet. Toimitamme niitä nyt ja tulevaisuudessa. Kansainvälinen toimija Henkilöstön alueellinen jakauma Meillä on maailmanlaajuinen johtoasema mobiili- ja kiinteiden verkkojen infrastruktuurissa. Lisäksi tarjoamme ohjelmistoja, palveluja sekä kehittyneitä teknologioita asiakkaillemme ympäri maailmaa. Eurooppa Kiinan alue 38 800 Liikevaihto vuonna 2020 Pohjois-Amerikka 13 700 12 000 Lähi-itä ja Afrikka 21,9 mrd EUR 3 300 Maat, joissa meillä on toimintaa Latinalainen Amerikka Aasian ja 3 700 Tyynenmeren alue ~130 20 500 Työntekijöitä vuonna 2020 keskimäärin ~92 000 04 NOKIA VUONNA 2020 Liiketoimintakatsaus Taloudelliset pääkohdat Liiketoimintaryhmät 1.1.-31.12. 2020 2019 2018 Mobile Networks Jatkuvat toiminnot milj. EUR milj. EUR milj. EUR Korkealaatuiset ja luotettavat Liikevaihto 21 852 23 315 22 563 mobiililaajakaistakokemukset Bruttokate 8 193 8 264 8 312 Global Services Bruttokateprosentti 37,5 % 35,4 % 36,8 % Autamme asiakkaitamme muuttamaan Liikevoitto/-tappio 885 485 -59 ja digitalisoimaan liiketoimintojaan Liikevoitto/-tappioprosentti 2,1 % -0,3 % 4,0 % Fixed Networks Jatkuvien toimintojen tappio/voitto -2 513 18 -549 Älykkäiden liityntäverkkojen mahdollistamat EUR EUR EUR nopeammat, paremmat ja fiksummat verkot Osakekohtainen tulos, laimennettu -0,45 0,00 -0,10 (1) IP/Optical Networks Osakekohtainen osinko 0,00 0,00 0,10 Äärimmäisen skaalautuvat verkot tukevat digitaalisen maailman dynaamisia yhteyksiä 2020 2019 2018 31.12. milj. EUR milj. EUR milj. EUR Nokia Software Nettokassa ja lyhytaikaiset sijoitukset 2 485 1 730 3 053 Älykkäät ohjelmistot, jotka optimoivat ja automatisoivat verkkojen suorituskykyä (1) Hallitus ei ehdota osingonjakoa tilikaudelta 2020. Nokia Enterprise Digitalisointiratkaisuja pääomavaltaisille toimialoille, joilla on tehtäväkriittisiä verkkoja tai liiketoimintatarpeita Nokia Technologies Liikevaihto segmenteittäin vuonna 2020(1) Liikevaihto alueittain vuonna 2020 Teknologiaa, joka on suunniteltu tuomaan ihmiset lähemmäksi toisiaan 4 3 1 Raportoitavat segmentit 2 6 Vuonna 2020 Nokialla oli kolme raportoitavaa segmenttiä. Lisäksi Nokia julkistaa segmenttikohtaisia tietoja Konsernin yhteiset D A toiminnot ja Muut -osiosta. Katso lisätietoja konsernitilinpäätöksen liitetiedosta 5, 2 Segmentti-informaatio. C 5 Networks B 4 3 Nokia julkistaa lisäksi liikevaihdon seuraavien 1 liiketoimintojen osalta: (i) Mobile Access (koostuu Mobile Networks ja Global Services 1 Networks(2) 16 852 milj. EUR (-7 %) 1 Aasian ja -toimintasegmenteistä), (ii) Fixed Access A Mobile Access 10 630 milj. EUR (-9 %) Tyynenmeren alue 3 847 milj. EUR (-16 %) (koostuu Fixed Networks (3) B Fixed Access 1 759 milj. EUR (-6 %) 2 Eurooppa 6 620 milj. EUR (0 %) -toimintasegmentistä), (iii) IP Routing C IP Routing 2 768 milj. EUR (-5 %) 3 Kiinan alue 1 376 milj. EUR (-25 %) (koostuu osasta IP/Optical Networks D Optical Networks 1 695 milj. EUR (-3 %) 4 Latinalainen Amerikka 995 milj. EUR (-32 %) 2 Nokia Software 2 656 milj. EUR (-4 %) 5 Lähi-itä ja Afrikka 1 893 milj. EUR (+1 %) -toimintasegmenttiä) ja (iv) Optical Networks 3 Nokia Technologies 1 402 milj. EUR (-6 %) 6 Pohjois-Amerikka 7 121 milj. EUR (+2 %) (koostuu osasta IP/Optical Networks 4 Konsernin yhteiset -toimintasegmenttiä). toiminnot ja Muut 982 milj. EUR (+3 %) Nokia Software Nokia Technologies (1) Sisältää myynnin muille segmenteille. (3) Nokia Technologies –segmentin patenttilisenssitulo on Yritysasiakasliiketoiminnan liikevaihto sisältyy kohdistettu Suomeen. Networks- ja Nokia Software -segmenttien sekä Konsernin yhteiset toiminnot ja Muut -osion liikevaihtoon. Tämä vuosikertomus kuvaa Nokian liiketoimintaa Vuotuinen kasvuprosentti on sulkeissa. ja suoriutumista vuonna 2020, jolloin yhtiöllä (2) Nokia julkistaa liikevaihdon seuraavien liiketoimintojen oli yllä esitellyt seitsemän liiketoimintaryhmää ja kolme osalta: (i) Mobile Access, (ii) Fixed Access, (iii) IP Routing raportoitavaa segmenttiä. Vuoden 2021 alusta tuli voimaan ja (iv) Optical Networks. Nokian uusi toimintamalli, johon kuuluu neljä liiketoiminta- ryhmää, jotka ovat myös raportoitavia segmenttejämme: (i) Matkapuhelinverkot, (ii) Verkkoinfrastruktuuri, (iii) Pilvi- ja verkkopalvelut ja (iv) Teknologia. NOKIA VUONNA 2020 05 Toimitusjohtajamme katsaus Kehitys poikkeusvuonna Sekä bruttokate- että liikevoittoprosenttimme paranivat vuoden 2020 aikana. Bruttokate- Toimitus- prosentti kasvoi 2,1 prosenttiyksikköä ja liikevoittoprosentti kasvoi 1,9 prosentti- yksikköä. Kasvuun vaikuttivat kilpailukykyä ja kustannusasemaa parantanut tuotekehitystyö, verkkoliiketoiminnan johtajamme kehitys sekä myynnin painottuminen Pohjois-Amerikkaan, jossa marginaalit ovat korkeammat. Nokian kassavirta pysyi vahvana. Vuoden 2020 katsaus lopussa nettokassa ja lyhytaikaiset sijoitukset olivat yhteensä noin 2,5 miljardia euroa, jossa kasvua edellisvuoteen oli noin 0,8 miljardia euroa. Liikevaihto vuonna 2020 laski 6 % edellisvuodesta ensisijaisesti Mobile Access -liiketoiminnan verkkoihin liittyvien käyttöönotto- ja suunnittelupalvelujen liikevaihdon pienenemisen vuoksi. Yritysasiakasliiketoiminta jatkoi vahvaa kasvuaan ja sen liikevaihto kasvoi kaksi- numeroisin luvuin edellisvuoteen verrattuna. Kaiken kaikkiaan otimme tärkeitä askeleita oikeaan suuntaan. Olen erityisen tyytyväinen Muutos ja jatkuvuus Vuoden aikana yritykset joutuivat Mobile Access -liiketoiminnan selvään hyväksymään, että asioiden on muututtava tulosparannukseen, mikä on osoitus Vuosi 2020 oli ennennäkemättömän pysyäkseen samoina. Niillä yrityksillä, jotka muutoksen vuosi, joka osoitti teknologian jatkuvasta työstämme mobiiliradio- investoivat teknologiaan vahvimmin, oli myös tuotteidemme kilpailukyvyn ja merkityksen. Kiinteät ja mobiilit verkot pitivät parhaat edellytykset selvitä poikkeustilan maailmantalouden ja kriittisen infrastruktuurin kustannusrakenteen parantamiseksi. Vuoden tuomista haasteista. Pandemia kiihdytti aikana 5G-radioverkkolaitteistojen kysyntä toiminnassa, vaikka COVID-19-pandemia tarvetta laaja-alaiselle digitalisaatiolle ja aiheutti laajoja sulkutoimia ympäri maailmaa. lisääntyi ja ReefShark-pohjaisten toimitusten automaatiolle. Tämä johti joustavuuden sekä kasvu pienensi osaltaan tuotekustannuksia sekä Voimme olla ylpeitä roolistamme operaattoritason suorituskyvyn yhdistävien paransi 5G-tuotteiden bruttokateprosenttia. pelastuspalvelujen, ruokahuollon ja julkisen kriittisten verkkojen merkityksen kasvuun. Ylitimme 35 % toimitustavoitteemme terveydenhuollon yhteyksien ylläpitäjänä Ymmärtääksemme paremmin käynnissä ReefShark-pohjaisissa tuotteissa ja kriisin keskellä. Tiedonsiirtomäärät kasvoivat olevaa markkinamuutosta
Recommended publications
  • E66 User Guide
    E66 User Guide 9207000 Issue 2 DECLARATION OF CONFORMITY Hereby, NOKIA CORPORATION declares that this RM-343 product is in compliance with the essential requirements and other relevant provisions of Directive 1999/5/EC. A copy of the Declaration of Conformity can be found at http:// www.nokia.com/phones/declaration_of_conformity/. © 2008 Nokia. All rights reserved. Nokia, Nokia Connecting People, Eseries, E66, and Visual Radio are trademarks or registered trademarks of Nokia Corporation. Nokia tune is a sound mark of Nokia Corporation. Other product and company names mentioned herein may be trademarks or tradenames of their respective owners. Reproduction, transfer, distribution, or storage of part or all of the contents in this document in any form without the prior written permission of Nokia is prohibited. US Patent No 5818437 and other pending patents. T9 text input software Copyright © 1997-2008. Tegic Communications, Inc. All rights reserved. This product includes software licensed from Symbian Software Ltd ©1998-2008. Symbian and Symbian OS are trademarks of Symbian Ltd. Java and all Java-based marks are trademarks or registered trademarks of Sun Microsystems, Inc. Portions of the Nokia Maps software are ©1996-2008 The FreeType Project. All rights reserved. This product is licensed under the MPEG-4 Visual Patent Portfolio License (i) for personal and noncommercial use in connection with information which has been encoded in compliance with the MPEG-4 Visual Standard by a consumer engaged in a personal and noncommercial activity and (ii) for use in connection with MPEG-4 video provided by a licensed video provider. No license is granted or shall be implied for any other use.
    [Show full text]
  • Nokia in 2010 Review by the Board of Directors and Nokia Annual Accounts 2010
    Nokia in 2010 Review by the Board of Directors and Nokia Annual Accounts 2010 Key data ........................................................................................................................................................................... 2 Review by the Board of Directors 2010 ................................................................................................................ 3 Annual Accounts 2010 Consolidated income statements, IFRS ................................................................................................................ 16 Consolidated statements of comprehensive income, IFRS ............................................................................. 17 Consolidated statements of financial position, IFRS ........................................................................................ 18 Consolidated statements of cash flows, IFRS ..................................................................................................... 19 Consolidated statements of changes in shareholders’ equity, IFRS ............................................................. 20 Notes to the consolidated financial statements ................................................................................................ 22 Income statements, parent company, FAS .......................................................................................................... 66 Balance sheets, parent company, FAS ..................................................................................................................
    [Show full text]
  • 1 (3) Proposal by the Corporate
    1 (3) PROPOSAL BY THE CORPORATE GOVERNANCE AND NOMINATION COMMITTEE FOR COMPOSITION OF THE BOARD OF DIRECTORS Henning Kagermann and Helge Lund have informed the Corporate Governance and Nomination Committee that they will no longer be available to serve on the Nokia Board of Directors after the Annual General Meeting. Mr. Kagermann has been a Nokia Board member since 2007 and Mr. Lund since 2011. The Committee proposes to the Annual General Meeting that the number of Board members be nine (9), consistent with the provisions of the Company’s Articles of Association. Based on past experience and the current business situation at the Company, the Committee regards nine as an appropriate number of directors for the needed diversity in experience and skills to perform the Board’s work effectively. The Committee proposes that the following current Board members be re-elected as members of the Nokia Board of Directors for a term until the close of the Annual General Meeting 2015: Bruce Brown, Elizabeth Doherty, Jouko Karvinen, Mårten Mickos, Elizabeth Nelson, Risto Siilasmaa and Kari Stadigh. In addition, the Committee proposes that Vivek Badrinath, who is Deputy CEO of Accor, and Dennis Strigl, who is Retired CEO of Verizon Wireless and Author and Consultant, be elected as a member of the Nokia Board of Directors for a term until the close of the Annual General Meeting 2015. All Board member candidates have been determined to be independent under the rules of the New York Stock Exchange and the Finnish Corporate Governance Code, except Mr. Siilasmaa, because of his role as the interim CEO of Nokia in addition to his role as the Chairman of the Board from September 3, 2013 through April 30, 2014, and Mr.
    [Show full text]
  • Palm Security WP.Qxd
    Palm® Mobility Series: Security Smartphone and handheld security for mobile business. Mobile computing: Opportunities and risk By providing professionals with convenient mobile access to email, business applications, customer information and critical corporate data, businesses can become more productive, streamline business processes and enable better decision making. With the new ease of access to information comes a responsibility to protect the organization's data as well as the investment in mobile devices. In many ways, security risks for mobile computing are similar to those for other computing platforms. There are the usual concerns of protecting data, authenticating users, and shielding against viruses and other malicious Contents code. But because of their mobility and compact size, smartphones and handhelds present some additional challenges: Mobile computing: Opportunities and risk...................................................... 1 Know thy enemy: Security risks...................................................................... 2 • Smartphones and handhelds are more easily lost or stolen than Theft and loss ............................................................................................ 2 laptop or desktop computers. Password cracking .................................................................................... 2 Data interception ...................................................................................... 2 • Users often treat smartphones and handhelds as personal devices Malicious code
    [Show full text]
  • Intracompany Governance and Innovation
    NBER WORKING PAPER SERIES INTRACOMPANY GOVERNANCE AND INNOVATION Sharon Belenzon Tomer Berkovitz Patrick Bolton Working Paper 15304 http://www.nber.org/papers/w15304 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 August 2009 We thank Liat Oren for invaluable assistance with the programming of the ownership algorithm and Hadar Gafni for excellent research assistance. We also thank Luca Enriques, Daniel Ferreira, Ronald Gilson, Joshua Lerner, Randall Morck, Daniel Paravisini, Katharina Pistor, David Robinson, John Van Reenen and Daniel Wolfenzon for helpful comments. All remaining errors are our own. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer- reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications. © 2009 by Sharon Belenzon, Tomer Berkovitz, and Patrick Bolton. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. Intracompany Governance and Innovation Sharon Belenzon, Tomer Berkovitz, and Patrick Bolton NBER Working Paper No. 15304 August 2009 JEL No. O16,O31,O32 ABSTRACT This paper examines the relation between ownership, corporate form, and innovation for a cross-section of private and publicly traded innovating firms in the US and 15 European countries. A striking novel observation emerges from our analysis: while most innovating firms in the US are publicly traded conglomerates, a substantial fraction of innovation is concentrated in private firms and in business groups in continental European countries.
    [Show full text]
  • Nokia Phones: from a Total Success to a Total Fiasco
    Portland State University PDXScholar Engineering and Technology Management Faculty Publications and Presentations Engineering and Technology Management 10-8-2018 Nokia Phones: From a Total Success to a Total Fiasco Ahmed Alibage Portland State University Charles Weber Portland State University, [email protected] Follow this and additional works at: https://pdxscholar.library.pdx.edu/etm_fac Part of the Engineering Commons Let us know how access to this document benefits ou.y Citation Details A. Alibage and C. Weber, "Nokia Phones: From a Total Success to a Total Fiasco: A Study on Why Nokia Eventually Failed to Connect People, and an Analysis of What the New Home of Nokia Phones Must Do to Succeed," 2018 Portland International Conference on Management of Engineering and Technology (PICMET), Honolulu, HI, 2018, pp. 1-15. This Article is brought to you for free and open access. It has been accepted for inclusion in Engineering and Technology Management Faculty Publications and Presentations by an authorized administrator of PDXScholar. Please contact us if we can make this document more accessible: [email protected]. 2018 Proceedings of PICMET '18: Technology Management for Interconnected World Nokia Phones: From a Total Success to a Total Fiasco A Study on Why Nokia Eventually Failed to Connect People, and an Analysis of What the New Home of Nokia Phones Must Do to Succeed Ahmed Alibage, Charles Weber Dept. of Engineering and Technology Management, Portland State University, Portland, Oregon, USA Abstract—This research intensively reviews and analyzes the management made various strategic changes to take the strategic management of technology at Nokia Corporation. Using company back into its leading position, or at least into a traditional narrative literature review and secondary sources, we position that compensates or reduces the losses incurred since reviewed and analyzed the historical transformation of Nokia’s then.
    [Show full text]
  • Creating the Technology to Connect the World
    Nokia Annual Report on Form 20-F 2019 on Form Nokia Annual Report Creating the technology to connect the world Nokia Annual Report on Form 20-F 2019 As filed with the Securities and Exchange Commission on March 5, 2020 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 Commission file number 1-13202 Nokia Corporation (Exact name of Registrant as specified in its charter)) Republic of Finland (Jurisdiction of incorporation) Karaportti 3 FI-02610 Espoo, Finland (Address of principal executive offices) Esa Niinimäki, Deputy Chief Legal Officer, Corporate, Telephone: +358 (0) 10 44 88 000, Facsimile: +358 (0) 10 44 81 002, Karakaari 7, FI 02610 Espoo, Finland (Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person) Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934 (the “Exchange Act”): Title of each class Trading Symbol(s) Name of each exchange on which registered American Depositary Shares NOK New York Stock Exchange Shares New York Stock Exchange(1) (1) Not for trading, but only in connection with the registration of American Depositary Shares representing these shares, pursuant to the requirements of the Securities and Exchange Commission. Securities registered pursuant to Section 12(g) of the Exchange Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Exchange Act: None Indicate the number of outstanding shares of each of the registrant’s classes of capital or common stock as of the close of the period covered by the annual report.
    [Show full text]
  • People & Planet Report 2016
    People & Planet Report 2016 1.0 About this report We would like to thank you for reading the Nokia People & Planet Report 2016. The report presents and discusses the key ethical, environmental, and socio- economic issues most material to our business and stakeholders during the 2016 fiscal year. Sustainability 2016 About Approach Improve Protect Integrity Respect Together Data Assurance Nokia People & Planet Report 2016 2 7.01.0 ImprovingAbout people’sthis report lives with technology The scope of this report The scope of this report is Nokia Group, including Nokia’s Networks business. However, the numeric Further information Nokia's Networks business groups, Nokia data regarding our facilities energy use, waste, and Technologies, and Group Common and Other water include the whole Nokia Group. The chapters We have published annual corporate responsibility Your feedback Functions, in 2016. ‘Improving people’s lives with technology’ and reports since 1999 and the reports are available in We welcome your ‘Making change happen together’ include references digital format on our website from as far back as views and questions For an explanation of how we chose what to include to activities that took place in early 2017 but this is 2003 at nokia.com/sustainability on our activities and in this year’s report, please refer to the section indicated in the text separately. our performance. If Materiality: Identifying our key priorities. We also discuss sustainability and corporate you would like to share Reporting frameworks and responsibility topics in our official annual reports, your opinions, please At the end of 2015, our shareholders voted including the annual report on Form 20-F that contact us at overwhelmingly to approve the Alcatel-Lucent assurance is filed with the U.S.
    [Show full text]
  • Intellisync Dual Version for Palm & Wince
    Palm Connectivity IntelliSync Dual Version for Palm & WinCE Synchronise with your office PC software Intellisync for Palm Connected Organizers software enhances the power and convenience of Palm connected organizers, including the new Palm III devices and the IBM WorkPad. Intellisync for Palm enables you to synchronize your Palm organizer directly with your favorite PC-based personal information management, contact management and group scheduling applications all in one easy step. New in Version 3.0 Integrated e-mail synchronization: Now you can use Intellisync to import, export, and synchronize e-mail messages between your PC and 3Com organizer. Easily sync information between e-mail subfolders on your PC and your Palm III or Palm Professional Edition device. This feature is currently available for Microsoft Outlook and Microsoft Exchange. Support for Lotus Notes and additional applications: Intellisync for Palm Connected Organizers 3.0 now supports synchronization of contacts, calendar, to-do lists, and notes between Lotus Notes 4.5 and 4.6 and your 3Com organizer. Intellisync for Palm 3.0 also adds support for Lotus Organizer 4.1 Premium Edition, Symantec ACT! and Eudora Planner 4.0. Optimized for Microsoft Outlook: Intellisync provides robust Microsoft Outlook support and significantly enhanced synchronization performance (up to 5 times faster) over Version 2.0. The intuitive folder browser makes synchronizing subfolders fast and easy. Synchronize your Outlook Personal Address Book and meeting attendee information, while enjoying
    [Show full text]
  • Nokia's Next Chapter
    December 2016 Nokia’s next chapter The Finnish giant has exited mobile phones and doubled down on its networking business. Chairman Risto Siilasmaa explains why—and how. The only way a corporation endures for a century or more, according to former IBM CEO Lou Gerstner in McKinsey Quarterly, is by changing 4, 5, or even 25 times over those 100 years.1 Otherwise, he says, “they wouldn’t have survived.” By those measures, Finland’s Nokia is a paragon of corporate renewal. Over its 151-year existence, the company—which took its name from a lumber mill built on the banks of the Nokianvirta River, in southern Finland; later morphed into the power-transmission and phone-cable businesses; and then most famously moved into, and for more than a decade ruled, the entirely new market of mobile telephony—has made the ability to change a core competency. After surviving a near-death experience and abandoning phones, this corporate phoenix has reemerged as one of the world’s largest telecom network service providers. Recently, at its headquarters in Espoo, Finland, Risto Siilasmaa, Nokia’s cerebral chairman, escorted a visitor down a wall showcasing historical memorabilia from incarnations past—such as a pair of rubber boots, a power cable, the brick-like Cityman mobile phone from 1987, and Nokia’s beloved model 5110—and, turning a corner, paused to wave expansively at a corridor dominated on one side by a blank, 100-foot whiteboard: “And there,” he said with a wry smile, “is our future.” Siilasmaa himself is a big reason Nokia even has a future.
    [Show full text]
  • Corporate Governance Statement
    Corporate governance statement This corporate governance Regulatory framework compensation plans. Under Finnish law, stock option plans require shareholder approval at statement is prepared in Our corporate governance practices the time of their launch. All other plans that accordance with Chapter 7, comply with Finnish laws and regulations include the delivery of company stock in the as well as with our Articles of Association. form of newly issued shares or treasury Section 7 of the Finnish We also comply with the Finnish Corporate shares require shareholder approval at the Securities Markets Act (2012/746, Governance Code, available at time of the delivery of the shares, unless www.cgfinland.fi, with the following exception: as amended) and the Finnish shareholder approval has been granted In 2016, we complied with the Finnish through an authorization to the Board, a Corporate Governance Code Corporate Governance Code, with the maximum of five years earlier. The NYSE 2015 (the “Finnish Corporate exception that we were not in full compliance corporate governance standards require that Governance Code”). with recommendation 24, because our the equity compensation plans be approved restricted share plans did not include by a company’s shareholders. Nokia aims to performance criteria but were time-based minimize the necessity for, or consequences only. The restricted shares vest in three equal of, conflicts between the laws of Finland tranches on the first, second and third and applicable non-domestic corporate anniversary of the award subject to continued governance standards. employment with Nokia. Restricted shares The Board has also adopted corporate were to be granted on a highly limited basis governance guidelines (“Corporate and only in exceptional retention and Governance Guidelines”) to reflect our recruitment circumstances, primarily in the commitment to good corporate governance.
    [Show full text]
  • Corporate Governance Statement 2020
    Corporate governance statement This corporate governance statement is prepared in Corporate accordance with Chapter 7, Section 7 of the Finnish Securities Markets Act (2012/746, as amended) and the Finnish governance Corporate Governance Code 2020 (the “Finnish Corporate Governance Code”). statement Introduction In 2020, we continued delivering on Nokia’s commitment to strong corporate governance and related practices. To do that, the Board activities are structured to develop the company’s strategy and to enable the Board to support the management on the delivery of it within a transparent governance framework. The table below sets out a high-level overview of the key areas of focus for the Board’s and its Committees’ activities during the year in addition to regular business and financial updates at each Board meeting and several reviews of the impacts and actions relating to the COVID-19 pandemic. January February/March April May July September/October December Board – Digitalization update – CEO change – Transformation update – Technology Strategy update – Annual sustainability review – Annual strategy meeting – Annual plan and long-range plan – Ethics & compliance and litigation – Postponing 2020 AGM due to – Convening the remote AGM – Digitalization update – Key market strategies – New operating model planning – Enterprise Risk Management update COVID-19 – Appointment of the new – Business group strategy planning – Board evaluation – Remuneration Policy to be Board Chair presented to the AGM – Nokia Equity Program 2020 Corporate
    [Show full text]