31 October 2008

Nokia Wins Prestigious
The Economist's Innovation Award

Chairman’s special corporate innovation award recognizes Nokia’s dedication to innovation. Nokia was the sole corporate recipient in this year’s Economist Innovation Awards.

At the seventh annual Economist’s Innovation Awards ceremony on October 30 at the Science Museum in London, UK, Nokia received an award in the corporate use of innovation category and was recognized for its innovative culture, renewal ability and rapid response to new consumer trends.

The Economist Annual Innovation Awards celebrates the achievements and innovations that have positively transformed global business with commitment to new ideas and creativity.

A distinguished panel of judges selects the winners in all eight categories. This was the second year running that a chairman’s special award for corporate innovation has been given to a company. The seven additional awards are typically conferred to individual recipients.

Mark Selby, Vice President of Industry Collaborations accepted the award on Nokia’s behalf: “We are honored to be the sole corporate recipient of The Economist’s prestigious Innovation Award in recognition of Nokia’s corporate use of innovation.

Nokia has a 140-year history of reinvention from its roots in pulp and rubber to a leader in mobile devices. ‘Passion for Innovation’ is a Nokia core value that permeates our culture as well as the products and services we deliver to our customers around the world.

Our customers and the developer community have directly contributed to this innovation and we thank them for their valued engagement. Today, we continue our renewal with the addition of services that will improve peoples’ lives by connecting them in new and better ways.”