Saturday, 21 October 2017

Nokia back in mobile phone business

By Mary Lennighan, Total Telecom
Wednesday 18 May 16

Finnish firm brokers brand licensing deal with HMD Global, while Microsoft sells feature phone assets to related Foxconn unit.

The Nokia name is set to return to the mobile phone market after the Finnish vendor brokered a brand and IP licensing deal with HMD Global, which intends to launch a range of Nokia-branded phones and tablets. The deal means Finland-based HMD is licensed to create Nokia-branded mobile phones and tablets for the next 10 years. The licence is exclusive, with the exception of the Japanese market…

The Nokia name is set to return to the mobile phone market after the Finnish vendor brokered a brand and IP licensing deal with HMD Global, which intends to launch a range of Nokia-branded phones and tablets. The deal means Finland-based HMD is licensed to create Nokia-branded mobile phones and tablets for the next 10 years. The licence is exclusive, with the exception of the Japanese market…

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