Nokia is Back for Connecting People Once Again with Phones and Tablets

Good news “Nokia is back”. The Finnish telecom equipment company that has once ruled the entire world faced downfall but will now be back to the market once again. The company has announced its global comeback recently when it licensed its company to HMD Global and FIH Mobile .

Nokia is Back for Connecting People Once Again with Phones and Tablets

In order to let the world know about its revival, the former No.1 mobile phones company announced that:

“Nokia will grant HMD Global Ltd the exclusive global licence to create Nokia-branded mobile phones and tablets for the next 10 years.”

Nokia will re-enter the present competitive market with “Android” smartphones and tablets.

The company elaborated about its agreement and said:

“Nokia will grant HMD Global Ltd the exclusive global licence to create Nokia-branded mobile phones and tablets for the next 10 years.”

HMD Global and its Taiwanese partner, FIH Mobile of FoxConn Technology Group, will take control of Microsoft’s feature phone business for $350 million (310.5 million euros), which it had bought back in 2014 from Nokia; as appeared on many tech blogs.

Along with this, the agreement also includes that Nokia will take a board of directors (BoD) seat of HMD and will maintain standards for brand requirements and performance so that once again the Nokia-branded products can exemplify the consumer’s expectations about Nokia phones, its quality, design and consumer-centered innovations.

Historically, Nokia has remained the world’s top mobile phone maker during 1998 and 2011 but then it was overtaken by the South Korean Samsung as Nokia failed to be part of the competitive market and the rapid rise of smart-phones.

With this announcement of Nokia it is clear that the brand is still alive and that its revival may witness great start. We wish Nokia “Best Luck” because it is the brand that made us happy and connected in the old days!!!!