Provided by Dow Jones Dec 16, 2020 6:15 AM UTC TIDMNOKIA Nokia Corporation Stock Exchange Release December 16, 2020, at 08:00 (CET +1) Nokia provides a mid-point update on strategy and operating model -- Nokia aligns to deliver critical networks to CSPs, enterprises and webscales. -- Company aims for technology leadership in all segments it chooses to play in. -- Nokia sees value gradually migrating from monolithic systems towards silicon, cloud-native software and services, and the industry moving towards as-a-service business models. -- Provides transparency on expected operating margin performance of its four new business groups in 2021. Previously provided outlook for 2020 and 2021 remain unchanged. Espoo, Finland -- Today Nokia provides an update on its strategy and