<p>Its net sales decreased to €9.81 billion in third quarter of 2009 from €12.23 billion in the same period last fiscal. Nokia Siemens Networks, a 50:50 joint venture of Nokia Corp and German Siemens AG, had suffered non-cash asset impairment charges of 908 million euros and 29 million euros for restructuring and other one time charges.<br /><br />The JV firm registered net sales of 2.8 billion euros, down 21 per cent from the same period last year and also witnessed a 14 per cent decline from the second quarter. The demand for mobile devices improved in many markets during Q3.</p>
<p>Its net sales decreased to €9.81 billion in third quarter of 2009 from €12.23 billion in the same period last fiscal. Nokia Siemens Networks, a 50:50 joint venture of Nokia Corp and German Siemens AG, had suffered non-cash asset impairment charges of 908 million euros and 29 million euros for restructuring and other one time charges.<br /><br />The JV firm registered net sales of 2.8 billion euros, down 21 per cent from the same period last year and also witnessed a 14 per cent decline from the second quarter. The demand for mobile devices improved in many markets during Q3.</p>