Nokia returns to the phone market as Microsoft sells brand

Phone brand is back after being bought by Finnish company HMD and iPhone manufacturer Foxconn. But can it win back those nostalgic for the 3310?

Soon, you'll be able to buy a Nokia again, 18 months after Microsoft quietly killed the name, seemingly for good.

Microsoft has sold the brand, which was worth $300bn at its height, in two parts for a total of just $350m. The brand name was sold to a new company called HMD, formed by former Nokia employees in Finland. Meanwhile, the manufacturing, distribution and sales arms of Nokia have been bought by iPhone manufacturer Foxconn, which has also agreed to build the new Nokia phone for HMD.