December 2, 2009 / 1:46 PM / 8 years ago

FACTBOX-Nokia's view of own, industry 2010

Dec 2 (Reuters) - Nokia Oyj NOK1V.HE, the world's largest cellphone maker, forecast handset market volumes would grow around 10 percent next year, more than analysts' 8.6 percent consensus expectation.[ID:nGEE5B10M5]

Following is a summary of the company's other forecasts:

FINANCIAL TARGETS

-- Nokia Devices & Services unit underlying operating profit margin of 12-14 percent in 2010

-- Underlying operating expenses in Devices & Services unit of around 5.7 billion euros ($8.6 billion) in 2010

-- Continues to target services net sales of 2 billion euros or more in 2011

-- Nokia Siemens Networks underlying operating margin of breakeven to 2 percent in 2010

-- NAVTEQ operating margin higher versus Devices & Services operating margin in 2010 on an underlying basis

HANDSETS

-- Industry mobile phone volumes to be up around 10 percent in 2010 year-on-year

-- Flat mobile device volume market share in 2010 vs 2009

-- Slower average selling price erosion of its mobile devices in 2010 versus past few years

-- Slight increase in mobile device value market share in 2010 year-on-year

-- Devices & Services underlying R&D costs below 10 percent of net sales in 2010

-- 300 million active users for its services by end-2011

-- To bring first new software Maemo phone to market in H2 of 2010

-- To significantly increase the share of touch and/or QWERTY devices in smartphone portfolio

NETWORK EQUIPMENT

-- Flat market in euro terms for mobile and fixed infrastructure and related services market in 2010

-- Nokia Siemens Networks to grow faster than the market in 2010

-- Nokia and Nokia Siemens Networks continue to target Nokia Siemens Networks to reduce its non-IFRS* annualized operating expenses and production overheads by 500 million euros by the end of 2011, compared with the end of 2009

Compiling by Eva Lamppu; Editing by David Holmes $1=.6635 Euro eva.lamppu@reuters.com, +358-9-680 50 244; Reuters messaging: tarmo.virki.reuters.com@reuters.net

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