EFTA01452995

52 2.2 Deutsche Bank Securities Inc. Figure 3: Global Handset Model * " Handset Shipments CIg A K ea tri q g. By Region On thousands) 2001 2005 2006 2007 2008 2005 2010 2011 2012 2013E 2011E 2015E 2016E z a .0 ba 0 E Handset Unit Shipments Western Europa 13).7n 205.001 205.957 219.582 233,219 166.798 177,645 185814 203.456 207,364 212,647 220,989 230.834 Eastern Eamon 81.591 99.511 118750 105570 104,349 98,562 122,350 145.173 109.271 175,153 177,362 176,650 181,688 to Asia 217.343 322.071 456,138 598.558 880.182 795.718 926,456 1.147.936 1.272.281 1,317,197 1A120$1 1,4821726 1.529,444 2 fbw.bµd Aso 71952 71925 26.223 94323 510.059 87,769 91.573 07.420 MIMS MSG 121.21$ 137.70 MGM CAA. 107201 13;107 214102 229444 251777 244149 201.50.1 NAM 501759 350.170 472765 MIRO 10710 frets 220.122 31.513 39423 1235982 536437 227 939 34447 368374 225.765 MUM 345330 332200 381212 Anbnes.55 12105 9270 20702 374 4 446.4 40.244 60.362 84645 502207 104.55$ 112.120 111703 111896 02451/229 Ast/ 3550 OZOR 04,800 mutts 119,225 125,5312 131,152 IIISO 234.030 24,324 200.512 264.941 2/6.1:01 Minh Arnanca 124,733 128,347 134673 148352 152.698 127,187 147,141 168,678 186,888 187.631 189,074 186,6122 211,143 tram Ameoca (Ex Grail) 31.283 73,909 77.728 83.452 87,055 118,278 124,807 145,519 153,198 165,775 161050 177,271 175,430 et2r 20.540 38,610 36266 .14.226 56.680 61.298 71.413 114,737 115028 104,592 105.673 110,453 108.079 Aficaddidde East 40.947 78320 94084 144.994 203.592 177.750 277,533 318,028 331,463 359.485 404,572 435.495 44(724 Total Unit Shipments mm mm 1,12802 umm tmm maim 1,447,144 nuals mum am mum mom mem 155 IP ovelh Its% NAM no% 14.0% I4.1% 204% IS% Si' 12% By Technology On thousands) 2004 2005 2006 2007 2008 2005 2010 2011 2012 2017E 2014E 2015E 2016E Manifest Unit Shipments GSM 474,552 677.204 804 774 940.158 1.046.447 1011.754 1.135.392 1.335.799 1194 239 1241,928 1,163071 1079589 930.452 siGSM 257.307 502834 355302 374072 342.640 308024 231065 221,422 187,513 NSW'S 02731 151239 97.952 IGFR3 234937 291210 325257 374022 327,627 401,96. 474.390 382190 511002 541020 514447 339.307 205707 HEDGE 51253 71(025 124215 192077 308220 30576. 427.100 550187 3.2.064 532 an 560365 62220 332113 WCCNIA 18029 93.891 97.824 171.903 263,292 300,821 441.018 556,500 02,281 765,603 823,270 1155,387 938,805 INCOOM 58,60. 04.60 RPM i30033 /45,663 551704 152023 23.025 154682 14244$ 56.1720 182,617 214,311 5646 15470 117020 164.116 227.235 402570 513.635 en 152 57350 09;670 722494 CC41A 151,212 177.709 205.885 218208 211,744 217.873 244,416 247,067 237,082 201,328 198,931 205.352 207.958 NCOAM .2418 0 . - . SW 15400 1;703 - - - • - WW2= I.RT7 53a95 533955 152896 540.207 502.634 104223 94,006 47.452 47833 25,43/ 39026 37.576 30443 comma, - . - 59 50 55 .5J 55 55 I GDMA2000 ?NERCO 51023 227M 47,036 7131 505.090 III.592 534.000 56.1773 MUG 531421 151235 517721 MOO LIE - 30,849 107.645 2411.3821 371,180 514.506 711.887 TD-SCDMA 9,901 21.841 43.806 10).189 81,658 105,227 93,210 85,916 WiMax • • • • 920 1,026 5,946 5.375 5,216 5593 4,486 3,975 TDMA 12125 13,868 6,848 2273 • • • • CEN 6,626 6.710 1238 8.179 4.500 2255 2,183 2,458 1,565 932 381 392 352 AM9BIGtM( 14.620 9.386 5.323 2.913 1.793 50) 1.268 1.330 1.221 1,150 1,322 1,504 TOM Unit Shipmenb 677.163 945.766 1.126.992 1,338131 1(27.776 1,544.00 1.447.144 2.223.756 2.429.587 2,647.209 2.4.11.668 2.785408 2.679563 9ty growth 105% 39. 19.1 18.1111 141% 1.1% In% 254% 03% 429 4.3% 1.4% San Dovnaw bet. comport as CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0 110358 SDNY_GM_00256542 EFTA01452995