Nokia To Re-enter The Smartphone Business

Posted: Nov 19 2016, 2:20am CST | by , in News | Technology News

 
Nokia to re-enter the Smartphone Business
Photo Credit: Getty Images

Nokia is planning to re-enter the smartphone business in 2017, a slide from Nokia's Capital Markets Day 2016 has revealed.
The event that was held on November 15 for investors, the company stated that 2017 will represent "Nokia brand's return to smartphones.," Phone Arena reported on Friday.
Since it does not have the required manufacturing facilities, Nokia will rope in Finnish company HMD Global, and Taiwanese giant Foxconn to manufacture the smartphones.
Led by former Nokia execs, HDM will "develop, market and sell Nokia-branded phones and accessories", while Foxconn is dealing with R&D and manufacturing, the report added.
The first smartphone of Nokia after its come back is rumoured to be the D1C that runs on Android 7 Nougat with a Snapdragon 430 processor, and offers a 1080p display and 3 GB of RAM.

This story may contain affiliate links.

This free App Solves You Holiday Shopping Problem


Download the free Tracker app now to get in-stock alerts on Fingerling, Luvabella, SNES Classic and more.

Latest News

Comments

The Author

<a href="/latest_stories/all/all/59" rel="author">IANS</a>
The Indo-Asian News Service (IANS) was established in 1986, initially to serve as an information bridge between India and its thriving Diaspora in North America. Now IANS is a full-fledged wire agency, putting out news 24x7 from around the world.

 

 

Advertisement

comments powered by Disqus