Nokia is back and they will be introducing their new smartphones in 2017. The iconic mobile company was acquired by Microsoft in 2014 and eventually the name was taken off from its Lumia smartphone lineup in favour of Microsoft.
Along the way, the parent Nokia company had tried to re-enter the device business by introducing the Nokia N1 tablet. There were rumours that Nokia would eventually introduce a smartphone but that didn’t happen.
The Nokia brand will be making an appearance once again with a new Finnish set up led by veteran Nokia executives. HMD Global, created 6 months ago will be the new torchbearer and it aims to introduce new Android-powered Nokia smartphones in the first half of 2017.
Licensing the Nokia brand for 10 years, HMD will be introducing new devices with the help of FIH Mobile Limited (Foxconn) as their manufacturing partner. Competition is already tight among the Android players and HMD believes that it has the edge with Nokia’s brand and management experience. Its CEO, Arto Nummela aims for Nokia to be a key competitive player and they believe they could capture market share quickly in emerging markets such as India, Indonesia and Russia.
Thanks @KevinNgTK for the tip!