The Finnish company Nokia announced the return of its brand to the global market of smartphones and tablets. Gadgets under license from Nokia to develop a new HMD Global company.
“Every day, our fans continue to ask about the smartphones from Nokia. In fact, as shown by our recent research, devices from Nokia are the fifth most desirable brands when purchasing a smartphone, although smartphones haven’t even reached the market”, – stated in the message on the Nokia website.
In essence, the company announced the conclusion of strategic agreements with Global HMD, which for the next decade will have exclusive right to produce a wide range of gadgets under the brand Nokia. It is reported that all necessary intellectual property rights will be bought from Microsoft (previously acquired the mobile division of Nokia) to the end of 2016.
All these gadgets will be supplied with Android, which Nokia has named “the leading mobile operating system”.
It is noted that the Finnish company Global HMD was created specifically for distribution of electronics under the Nokia brand. Itself Nokia Technologies will join the Board of Directors of the new company, which will lead as CEO Arto Numero, a former top Manager of Nokia and current head of mobile devices division of Microsoft in Asia, Africa and the middle East. In the next three years, HMD is going to invest in the promotion of devices under the Nokia brand is $500 million.
Also today it became known that Microsoft sells your business to create push-button phone companies a Global HMD and FIH Mobile (a subsidiary of the” Chinese Foxconn) for $350 million After the deal is closed about 4.5 thousand employees will transfer or will have the opportunity to work in FIH Mobile HMD or Global.
Microsoft continues to develop Windows 10 Mobile and support the Lumia smartphones such as Lumia 650, Lumia 950 and Lumia 950XL and phone OEM partners such as Acer, Alcatel, HP, Vaio and Trinity.
