FINLAND: Finnish telecoms network maker Nokia has confirmed late on Monday the it may start designing licensing smartphones under the 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 that their 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.
Nokia sold its phone business to Microsoft in 2014 after years of declining sales.
