Article 1E638 Nokia to return to the smartphone market

Nokia to return to the smartphone market

by
donotreply@osnews.com (Thom Holwerda)
from OSnews on (#1E638)
Nokia has announced plans that will see the Nokia brand return to the mobile phone and tablet markets on a global basis. Under a strategic agreement covering branding rights and intellectual property licensing, Nokia Technologies will grant HMD global Oy (HMD), a newly founded company based in Finland, an exclusive global license [1] to create Nokia-branded mobile phones and tablets for the next ten years. Under the agreement, Nokia Technologies will receive royalty payments from HMD for sales of Nokia-branded mobile products, covering both brand and intellectual property rights.All these devices will run Android.With the news that Microsoft is selling the feature phone branch it bought from Nokia, and the additional news that Microsoft is hinting at killing its Lumia line and brand, can we all finally agree what many smart people - including myself - said from the very beginning, namely that Microsoft acquiring Nokia was nothing more but yet another disaster in a long line of Microsoft/Windows Phone disasters? One that cost thousands and thousands of people their jobs?I still feel the circumstances around the Microsoft/Nokia deal needs to be investigated for... Shenanigans.
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