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Nokia to re-enter mobile phone market in late 2016

2015-06-19 12:11:00| Telecompaper Headlines

(Telecompaper) Nokia plans to re-enter the mobile phone business by  licensing the brand to a manufacturer from next year CEO Rajeev Suri told Germany's Manager Magazin. When the Finnish company sold its mobile business to Microsoft in 2013, it entered into a contractual obligation to stay out of the business until the second half of 2016. Nokia has already granted a licence to Taiwan's Foxconn for the production of tablets and released the N1 Android tablet last year. 

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