The outlook for 2006 is quite robust as we are looking for the growth momentum to be maintained. The main reason for the higher fourth-quarter numbers was the manufacturing sector.

Output is expected to contract over February due to the sharp 17.6% gain in the preceding month.

The strength of electronics output and exports were one of the pillars supporting the Singapore economy in the first quarter. Services grew strongly as well and that will help the Singapore government achieve its growth forecast this year.

The main concern on electronics was disk drives... This was very significant.

Facilitating innovation growth in China through partnership is an important part of Nokia's mission in China. Since the setting up of Nokia Ventures Organization Asia in Shanghai in 2003, NVO Asia has not only contributed to Nokia's renewal but also benefited the local partners in the Chinese mobile ecosystem. Nokia's role as a founding partner of Finland - China Innovation Center further demonstrated our commitment in promoting technological and innovation cooperation between the two nations.

Facilitating innovation growth in China through partnership is an important part of Nokia's mission in China,