June 23, 2015

Nokia to return to the mobile phone market in 2016?

According to the Germany's Manager Magazin, Nokia is planning its return to the mobile phone market in 2016.
According to the Germany's Manager Magazin, Nokia is planning its return to the mobile phone market in 2016.
© Istock.com / sunnycircle

Nokia, once the world’s biggest maker of mobile phones, plans to start designing and licensing mobile phones again once an agreement with partner Microsoft allows it to in 2016, Nokia’s chief executive Rajeev Suri told Germany’s Manager Magazin.

“We will look for suitable partners,” Suri said in an interview with Manager Magazin. “Microsoft makes mobile phones. We would simply design them and then make the brand name available to license.”

Finland’s Nokia sold its phone business to Microsoft in 2014 but months later it launched a new brand-licensed tablet computer, produced under license by Taiwanese contract manufacturer Foxconn, with an intention to follow up with more devices.

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