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The latest buzz in the market is about two Nokia-branded Android phones which would mark the comeback of the Finland manufacturer giant,the report was confirmed by the company in a press release. The leaks suggest that the two phones will have 5.2 and 5.5 inch screen witk 2K dispalay.
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Here’s the Official statement from the company now owned by HMD:
“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.”
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Here’s the Official statement from the company now owned by HMD:
“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.”
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Nokia has granted the newly-established HMD Global, the exclusive global license to create and sell Nokia-branded mobile phones and tablets for the next 10 years.
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