Nokia Says It May Re-Enter Mobile Phone Market Through Licensing

Nokia Says It May Re-Enter Mobile Phone Market Through Licensing
Image credit: Reuters | Roni Rekomaa | Lehtikuva
  • ---Shares
Free Webinar | August 16th

Find out how to optimize your website to give your customers experiences that will have the biggest ROI for your business. Register Now »

Finnish telecoms network maker Nokia confirmed late on Monday that it may start designing and licensing mobile phone handsets under its brand name in 2016.

Nokia said it was looking for a partner who would take on the manufacturing, sales, marketing and customer support for the products.

The company said a Nokia mobile phone would not reach the market before the fourth quarter of 2016 when Nokia's agreement with partner Microsoft allows it to use the brand name again.

Nokia sold its phone business to Microsoft in 2014 after years of declining sales.

(Reporting by Anna Ercanbrack; Editing by Daniel Dickson)

Latest News and Headlines from Reuters

Next Article:
Nokia and Apple Are Exploring Health Tec...
OK

This website uses cookies to allow us to see how our website and related online services are being used. By continuing to use this website, you consent to our cookie collection. More information about how we collect cookies is found here.