Nokia has announced that it will return to the mobile phone and tablet market. As part of an agreement covering branding and intellectual property rights, Nokia Technologies will grant HMD global Oy its global license. This will allow HMD to create Nokia-branded phones and tablets for the next ten years. In return. Nokia will receive royalty payments from HMD for sales of the products. Further, the new portfolio of devices will be powered by Google’s Android OS. HMD has also acquired the rights to use the Nokia brand on feature phones, as well as certain design rights from Microsoft. The transaction with Microsoft is expected to close by the second half of 2016.
- Compare Mobile Phones NewsIn DepthPress ReleaseHow to'sReviews
- Digit SquadVideosPhotos Contest Hot Deals