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Nokia CEO famous Plans to Re-enter cell phone enterprise

Nokia CEO Reveals Plans to Re-Enter Mobile Phone Business

Nokia, which changed into as soon as the sector‘s biggest mobile producer, is about to make a comeback in the phone marketplace past due subsequent yr.

Nokia CEO Rajeev Suri, whilst talking to German book supervisor Magazin, revealed the company‘s plans to re-enter the cell phone enterprise late subsequent 12 months. Suri stated, “we are able to look forsuitable companions. Microsoft makes cellular phones. we’d genuinely design them after which make the brand name to be had to license.”

To keep in mind, Nokia launched the Nokia N1 tablet because the enterprise‘s first cell product after the Microsoft acquisition. The terms of the Microsoft-Nokia deal had stipulated the Finnish organization could not use the Nokia brand on smartphones until this autumn 2016, and on characteristic telephones for 10 years. The 2016 time-frame of a possible cellphone launch from Nokia does now not certainly come as amarvel, and we can count on the Finnish firm to attend until the end of the year to keep away fromfelony tussles.

(also see: Nokia trying to License logo call to thirdcelebration manufacturers)

Nokia subsequent yr may be expected to make an agreement with a manufacturer so that you can beanswerable for production, distribution, and sales of its smartphones. The Finnish agency followed theidentical strategy with the N1 tablet launch where the business enterprise signed a emblem-licensingsettlement with Foxconn.

To remind our readers, publish the acquisition of its devices and offerings enterprise by means ofMicrosoft, Nokia became break up into three groups – Nokia Networks (the telecommunications wing thatsimply introduced a takeover of Alcatel-Lucent), right here (the organisation‘s navigation, mapping, andarea services subsidiary), and Nokia technology (the employer accountable for licensing of Nokia’s portfolio of patents and growing new products which includes the Nokia N1 pill and the Z Launcher).

(additionally see: Nokia to buy Alcatel-Lucent in All-proportion Deal)

notwithstanding numerous reviews claiming that Nokia is gearing as much as re-enter into the consumertelephone marketplace subsequent year, Nokia had denied go back to telephone manufacturing earlierthis 12 months.

In a latest improvement at Microsoft, 4 senior Microsoft executives, which include former Nokia CEO Stephen Elop, are leaving the company in the topstage shake up.

Written with inputs from Reuters

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Tags: Mobiles, Nokia, Nokia N1, Nokia Networks, Nokia technologies