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Wireless

Nokia to re-enter mobile phone market in late 2016

Friday 19 June 2015 | 12:11 CET | News
Nokia plans to re-enter the mobile phone business by  licensing the brand to a manufacturer from next year CEO Rajeev Suri told Germany's Manager Magazin. When the Finnish company sold its mobile business to Microsoft in 2013, it entered into a contractual obligation to stay out of the business until the second half of 2016. Nokia has already granted a licence to Taiwan's Foxconn for the production of tablets and released the N1 Android tablet last year. 

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Categories: Mobile & Wireless
Companies: Foxconn / Microsoft / Nokia
Countries: World
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