Nokia looking for partner to re-enter smartphone market
Published 14/07/2015 | 07:21
Finnish telecoms network maker Nokia has confirmed that it may start designing and licensing mobile phone handsets under its brand name in 2016.
Nokia said it was looking for a partner who would take on the manufacturing, sales, marketing and customer support for the products.
The company said a Nokia mobile phone would not reach the market before the fourth quarter of 2016 when Nokia's agreement with partner Microsoft allows it to use the brand name again.
A Nokia spokesman said: "We will look for the right partner who can take on the heavy lifting and work closely with us to deliver a great product. As we agreed with Microsoft, the soonest that could happen is Q4 2016 - so it's safe to say Nokia won't be back [at least in phone form...] before then,"
Nokia sold its phone business to Microsoft in 2014 after years of declining sales.