Connecting people one again : Nokia phones, tablets are back!

Nokia is back! The former phone king officially announced its plan to return to the world of phones, smartphones and tablets. And to answer your burning question - yes, it will be Android smartphones and tablets!

So, under a new agreement, Nokia Technologies has granted HMD, a new company led by some of the world’s top mobile specialists, an exclusive global license to create a full range of Nokia-branded smartphones, tablets, and feature phones for the next decade.

Nokia has signed an agreement with FIH "to establish a collaboration framework to support the building of a global business for Nokia-branded mobile phones and tablet."

Ramzi Haidamus, president of Nokia Technologies, said :

"Today marks the beginning of an exciting new chapter for the Nokia brand in an industry where Nokia remains a truly iconic name. Instead of Nokia returning to manufacturing mobile phones itself, HMD plans to produce mobile phones and tablets that can leverage and grow the value of the Nokia brand in global markets. Working with HMD and FIH will let us participate in one of the largest consumer electronics markets in the world while staying true to our licensing business model."

As part of the deal, Microsoft will transfer substantially all of its feature phone assets, including brands, software and services, care network and other assets, customer contracts, and critical supply agreements, subject to compliance with local law. The transaction is expected to close in the second half of 2016, subject to regulatory approvals and other closing conditions.

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