Thursday 18 June 2015

Nokia says the company will return to the smartphone Market in 2016

When Microsoft bought Nokia's Devices and Services division in 2013, there was an agreement made that keeps Nokia from entering the smartphone business until the fourth quarter of 2016. However, it appears that Nokia will indeed be doing just that once that agreement expires.



In a statement to Reuters, Nokia CEO Rajeev Suri noted today that his company will be licensing and designing phones and getting them manufactured and sold through other third-party channels.

""We will look for suitable partners. Microsoft makes mobile phones. We would simply design them and then make the brand name available to license."
This news comes as Microsoft announced earlier this week that it would merge its devices group with its operating system division under the new Windows and Devices Group. Stephen Elop, the former CEO of Nokia, has now left Microsoft as its devices head, along with its phones leader Jo Harlow.

Source: windowscentral