HELSINKI: Nokia's capital expenditure will rise to around 800 million euros ($1.11 billion) in 2011 from 679 million a year ago, it said on Friday.
The costs will be funded from cash flow from operating activities, Nokia said in its annual 20-F form filed with the US Securities and Exchange Commission (SEC) on Friday. "We primarily invest in research and development, marketing and building the Nokia brand," the company said.
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