Nokia is planning to launch Android based smartphones and tablets manufactured by HMD Global in fourth quarter of 2016.
It seems Nokia branded phones and tablets will finally hit market in the fourth quarter of 2016. Nokia currently has a non-compete deal with Microsoft, which limits the company from announcing its own hardware products. Microsoft acquired Nokia’s mobile division in 2014 before writing it off completely. Post that write off, Microsoft also reorganised the feature phone business by selling the business division to Foxconn.
Microsoft and Nokia’s non-competent deal expires at the end of this year and Nokia China’s Mike Wang says Nokia will stage a comeback in the ever competent smartphone business. Nokia’s comeback devices will be manufactured by HMD Global, a Finnish company started by former Nokia employees.
HMD Global currently has exclusive license to sell Nokia branded devices post the deal for next 10 years. Nokia is also establishing its network business to further strengthen its device portfolio. Nokia recently acquired Alcatel-Lucent for $16.6 billion in an all-stock deal.
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