Nokia Says It May Re-Enter Mobile Phone Market Through Licensing The company says it was looking for a partner who would take on the manufacturing, sales, marketing and customer support for the products.

By Reuters • Jul 14, 2015

This story originally appeared on Reuters

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)

Reuters

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Most Popular

See all

Leadership

9 Productivity Tips That the 1% Know to Follow

Is your inner high-performer waiting to be unleashed? If so, here's what the 1% swear by for peak productivity.

By John Rampton

Science & Technology

She Ditched Her Steady Job in Tech to Pursue Her Love of Food. Now She's a Food Network Champion and Celebrated Cookbook Author.

A self-taught vegan chef known for her sustainable cooking practices, Chef Priyanka Naik's journey from the tech world to the Food Network is a testament to the power of passion and perseverance. Hear her insights into how embracing your unique path can lead to entrepreneurial success.

By Emily Washcovick

Devices

Save More Than 70 Percent on This iPad Pro

This refurbished iPad Pro comes with 32GB of storage space.

By Entrepreneur Store

Leadership

More Companies Are Holding on to Their Employees — and Vice Versa. Here's How to Capitalize on This Labor Market.

Your retention and recruitment strategies need to adapt as workers and businesses look for longer-term relationships. Try these strategies to do it.

By Daniel Altman

Starting a Business

Ask Marc | Get Free Business Advice From the Co-Founder of Netflix

Get the answers to your most challenging business problems during our next Ask Marc, live Q&A, on 5/9/24 at 2 PM ET. You don't want to miss it—send in your questions now.

By Entrepreneur Staff

Business Solutions

Redefining the Future with Artificial Intelligence Buyouts

Here's a look at RAD AI's strategic approach to AI acquisitions in the marketing landscape.

By StackCommerce