After their smartphone business was essentially stripped away from them by Microsoft a few years ago, we haven’t heard much from Nokia. There have been a few releases that are more or less random, however today the company has announced that their brand will be coming back on new Android devices.
Nokia has announced that they will be licensing their brand and intellectual property to a company called HMD Global. The Finland based company is led by a former Nokia employee, Arto Nummela. They have also worked with Microsoft to reobtain the brand for use on smartphones. Nummela will become the company’s CEO once the transaction is completed.
Nokia will still have a high level of control over what HMD Global does with the brand as they will have a board of directors within the company. Like with their previous N1 Tablet, manufacturing on these new devices will take place at Foxconn. Foxconn also obtained the remnants of Nokia’s former feature-phone business today from Microsoft who previously held them.
At the end of the day all of this basically means we’ll be getting new phones and tablets, powered by Android, with Nokia’s brand on board. Now we just have to wait for the first devices from this partnership to release.Source: Nokia Via: The Verge