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Thread: Nokia phones to make global comeback

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    Nokia phones to make global comeback

    http://company.nokia.com/en/news/pre...es-and-tablets

    18 May, 2016

    Nokia Corporation

    Stock Exchange Release
    May 18, 2016 at 12:05 (CET +1)

    Nokia signs strategic brand and intellectual property licensing agreement enabling HMD global to create new generation of Nokia-branded mobile phones and tablets

    Espoo, Finland - Nokia has announced plans that will see the Nokia brand return to the mobile phone and tablet markets on a global basis. Under a strategic agreement covering branding rights and intellectual property licensing, Nokia Technologies will grant HMD global Oy (HMD), a newly founded company based in Finland, an exclusive global license to create Nokia-branded mobile phones and tablets for the next ten years. Under the agreement, Nokia Technologies will receive royalty payments from HMD for sales of Nokia-branded mobile products, covering both brand and intellectual property rights.

    HMD has been founded to provide a focused, independent home for a full range of Nokia-branded feature phones, smartphones and tablets.
    HMD has been founded to provide a focused, independent home for a full range of Nokia-branded feature phones, smartphones and tablets. To complete its portfolio of Nokia branding rights, HMD announced today that it has conditionally agreed to acquire from Microsoft the rights to use the Nokia brand on feature phones, and certain related design rights. The Microsoft transaction is expected to close in H2 2016. Together these agreements would make HMD the sole global licensee for all types of Nokia-branded mobile phones and tablets. HMD intends to invest over USD 500 million over the next three years to support the global marketing of Nokia-branded mobile phones and tablets, funded via its investors and profits from the acquired feature phone business.

    Nokia Technologies will take a seat on the Board of Directors of HMD and set mandatory brand requirements and performance related provisions to ensure that all Nokia-branded products exemplify consumer expectations of Nokia devices, including quality, design and consumer focused innovation.
    Nokia-branded feature phones remain one of the most popular choices of mobile phone in many markets around the world today, and HMD will continue to market them as part of an integrated portfolio alongside a new range of smartphones and tablets. HMD's new smartphone and tablet portfolio will be based on Android, uniting one of the world's iconic mobile brands with the leading mobile operating system and app development community.

    As also announced today by FIH Mobile Limited (FIH), a subsidiary of Hon Hai Precision Industries (trading as Foxconn Technology Group), the remainder of Microsoft's feature phone business assets, including manufacturing, sales and distribution, would be acquired by FIH. HMD and Nokia Technologies have signed an agreement with FIH to establish a collaboration framework to support the building of a global business for Nokia-branded mobile phones and tablets. This agreement will give HMD full operational control of sales, marketing and distribution of Nokia-branded mobile phones and tablets, with exclusive access to the pre-eminent global sales and distribution network to be acquired from Microsoft by FIH, access to FIH's world-leading device manufacturing, supply chain and engineering capabilities, and to its growing suite of proprietary mobile technologies and components.

    Nokia will provide HMD with branding rights and cellular standard essential patent licenses in return for royalty payments, but will not be making a financial investment or holding equity in HMD. Nokia Technologies will take a seat on the Board of Directors of HMD and set mandatory brand requirements and performance related provisions to ensure that all Nokia-branded products exemplify consumer expectations of Nokia devices, including quality, design and consumer focused innovation.

    HMD would be led, once the Microsoft transaction closes, by Arto Nummela as CEO, who previously held senior positions at Nokia and is currently the head of Microsoft's Mobile Devices business for Greater Asia, Middle East and Africa, as well as Microsoft's global Feature Phones business. HMD's president on closing would be Florian Seiche, who is currently Senior Vice President for Europe Sales and Marketing at Microsoft Mobile, and previously held key roles at Nokia, HTC and other global brands.
    -

    HMD will be headquartered in Helsinki, Finland
    Last edited by pjw918; 05-19-2016 at 12:52 PM. Reason: dumbed down title; HMD

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    To be manufactured by a subsidiary of Foxconn, who make the iPhone for Apple.

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    I used to have a Finland-made Nokia....miss that one

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    Cool....another zombie brand. It would be one thing if they used them to build the phones. But they are letting them use the Nokia name to market whatever they build.

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    Quote Originally Posted by yakky View Post
    another zombie brand... they are letting them use the Nokia name to market whatever they build.
    Too many words to read?.. sorry 'bout that

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    Quote Originally Posted by pjw918 View Post
    Too many words to read?.. sorry 'bout that
    Wtf are you talking about. Perhaps as explaining is too hard for you to do?

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    So the Nokia brand returns.. with a Vengeance
    May 20

    In depth piece by long-time industry analyst Tomi Ahonen.

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    New Nokia smartphones and tablets coming in Q4
    GSMArena Aug 18

    A total of 3 to 4 Nokia mobile devices - including phones and tablets - will be unveiled towards the end of this year, according to Mike Wang, president of the joint management team at Nokia China. The launch, however, will likely take place sometime early 2017.

    To refresh, back in May this year, the Finnish company announced its plan to return to the world of mobile devices. HMD, a newly founded company headed by a former Nokia exec, will be designing the devices, with Foxconn being the manufacturing partner.

    In case you missed, there have already been rumors that Nokia is working on a couple of premium phones powered by SD820 SoC, sporting 5.2 and 5.5-inch QHD OLED displays, respectively, featuring a 22.6MP camera, and running Android 7.0 out-of-the-box.

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    Good news that they are going to come back with Android. Had they made the decision earlier, they could have avoided this debacle. I didn't feel windows O.S is bad, it is just, Microsoft failed to convince other mobile phones to use windows.

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    Official video for Android-powered Nokia 6. According to their site, it's a China exclusive. https://www.nokia.com/en_int/phones


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    Hopefully Nokia does well with their comeback. I've always liked their lumia phones. Some of the longest lasting phones I've had. I rarely had quality issues until I got the more recent ms ones

    Sent from my HTCD100LVW using HoFo mobile app
    """new T-Mobile customer"""

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    youtube.com/watch?v=swWU7wukAwY

    It promises to be interesting. Of such a phone I expect that to fall to the concrete it does not crash.

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    Quote Originally Posted by molembeq View Post
    youtube.com/watch?v=swWU7wukAwY

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