SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a -16 or 15d -16 of
the Securities Exchange Act of 1934
Report on Form 6-K dated June 30, 2023
(Commission File No. 1-13202)
Nokia Corporation
Karakaari 7A
FI-02610 Espoo
Finland
(Name and address of registrant’s principal executive office)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: |
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Form 20-F: x |
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Form 40-F: ¨ |
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Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): |
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Yes: ¨ |
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No: x |
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Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): |
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Yes: ¨ |
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No: x |
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Indicate
by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. |
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Yes: ¨ |
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No: x |
Enclosures:
| • | Stock Exchange Release: Nokia and Apple sign long-term patent license agreement |
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Stock exchange release
30 June 2023 |
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1 (2) |
Nokia Corporation
Inside information
30 June 2023 at 23:15 EET
Nokia and Apple sign long-term patent license agreement
| • | License covers Nokia’s fundamental inventions
in 5G and other technologies |
| • | Nokia to receive payments from Apple for a multi-year
period |
Espoo, Finland
– Nokia today announced it has signed a new patent cross-license agreement with
Apple which will replace the current license that is due to expire at the end of 2023. The terms of the agreement remain confidential
between the parties.
Jenni Lukander, President of
Nokia Technologies, said: “We are delighted to have concluded a long-term patent license agreement with Apple on an amicable basis.
The agreement reflects the strength of Nokia’s patent portfolio, decades-long investments in R&D, and contributions to cellular
standards and other technologies.”
Nokia expects to recognize the
revenue related to this new patent license agreement starting in January 2024. The agreement is consistent with the assumptions Nokia
has disclosed in the commentary with respect to Nokia Technologies long-term outlook in its Financial Report for Q1 issued on April 20,
2023.
Nokia’s industry-leading
patent portfolio is built on more than €140 billion invested in R&D since 2000 and is composed of around 20,000 patent families,
including over 5,500 patent families declared essential to 5G. Nokia contributes its inventions to open standards in return for the right
to license them on fair, reasonable and non-discriminatory (FRAND) terms. Companies can license and use these technologies without the
need to make their own substantial investments in the standards, fueling innovation and the development of new products and services for
consumers.
About Nokia
At Nokia, we create technology
that helps the world act together.
As a B2B technology innovation
leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition,
we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.
Service providers, enterprises
and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital
services and applications of the future.
Inquiries:
Nokia Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com
Tom Johnson, Head of Press Office
Nokia
Investor Relations
Phone: +358 40 803 4080
Email: investor.relations@nokia.com
www.nokia.com
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Stock exchange release
30 June 2023 |
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2 (2) |
Risk factors
Nokia and its businesses are
exposed to a number of risks and uncertainties which include but are not limited to: Competitive intensity, which is expected to continue
at a high level; Our ability to ensure competitiveness of our product roadmaps and costs through additional R&D investments; Our ability
to procure certain standard components and the costs thereof, such as semiconductors; Disturbance in the global supply chain; Accelerating
inflation, increased global macro-uncertainty, major currency fluctuations and higher interest rates; Potential economic impact and disruption
of global pandemics; War or other geopolitical conflicts, disruptions and potential costs thereof; Other macroeconomic, industry and competitive
developments; Timing and value of new, renewed and existing patent licensing agreements with smartphone vendors, automotive companies,
consumer electronics companies and other licensees; Results in brand and technology licensing; costs to protect and enforce our intellectual
property rights; on-going litigation with respect to licensing and regulatory landscape for patent licensing; The outcomes of on-going
and potential disputes and litigation; Timing of completions and acceptances of certain projects; Our product and regional mix; Uncertainty
in forecasting income tax expenses and cash outflows, over the long-term, as they are also subject to possible changes due to business
mix, the timing of patent licensing cash flow and changes in tax legislation, including potential tax reforms in various countries and
OECD initiatives; Our ability to utilize our US and Finnish deferred tax assets and their recognition on our balance sheet; Our ability
to meet our sustainability and other ESG targets, including our targets relating to greenhouse gas emissions; as well as the risk factors
specified under Forward-looking statements of this release, and our 2022 annual report on Form 20-F published on 2 March 2023
under Operating and financial review and prospects-Risk factors.
Forward-looking statements
Certain statements herein that
are not historical facts are forward-looking statements. These forward-looking statements reflect Nokia's current expectations and views
of future developments and include statements regarding: A) expectations, plans, benefits or outlook related to our strategies, product
launches, growth management, sustainability and other ESG targets, operational key performance indicators and decisions on market exits;
B) expectations, plans or benefits related to future performance of our businesses (including the expected impact, timing and duration
of potential global pandemics and the general macroeconomic conditions on our businesses, our supply chain and our customers’ businesses)
and any future dividends and other distributions of profit; C) expectations and targets regarding financial performance and results of
operations, including market share, prices, net sales, income, margins, cash flows, the timing of receivables, operating expenses, provisions,
impairments, taxes, currency exchange rates, hedging, investment funds, inflation, product cost reductions, competitiveness, revenue generation
in any specific region, and licensing income and payments, including our ability to realize revenue under this agreement and the agreement’s
expected impact on Nokia Technologies’s annual royalty run rate; D) ability to execute, expectations, plans or benefits related
to changes in organizational structure and operating model, including our ability to perform under this agreement; E) impact on revenue
with respect to litigation/renewal discussions and F) any statements preceded by or including "continue", “believe”,
“commit”, “estimate”, “expect”, “aim”, “influence”, "will” or similar
expressions. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control,
which could cause our actual results to differ materially from such statements. These statements are based on management’s best
assumptions and beliefs in light of the information currently available to them. These forward-looking statements are only predictions
based upon our current expectations and views of future events and developments and are subject to risks and uncertainties that are difficult
to predict because they relate to events and depend on circumstances that will occur in the future. Factors, including risks and uncertainties
that could cause these differences, include those risks and uncertainties identified in the Risk Factors above.
www.nokia.com
SIGNATURE
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant, Nokia Corporation, has duly caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
Date: June 30, 2023 |
Nokia Corporation |
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By: |
/s/ Esa Niinimäki |
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Name: |
Esa Niinimäki |
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Title: |
Chief Legal Officer |
Nokia (PK) (USOTC:NOKBF)
過去 株価チャート
から 6 2024 まで 7 2024
Nokia (PK) (USOTC:NOKBF)
過去 株価チャート
から 7 2023 まで 7 2024