Nokia chief confirms smartphone market return – Mobile World Live

Nokia chief confirms smartphone market return

19 JUN 2015

Nokia plans to start designing and licensing smartphones from the end of 2016, CEO Rajeev Suri told Manager Magazin.

The Finnish vendor can license its name to other handset makers from the fourth quarter of 2016, under the terms of an agreement signed when it sold its Devices & Services unit to Microsoft.

The agreement was first revealed in presentations at the company’s Capital Markets Day in November 2014.

“We are looking for suitable partners,” Suri (pictured) told the publication.

“Microsoft makes mobile phones. We would simply design them and then make the brand name available to license,” he said.

Microsoft has a deal to use the Nokia brand on feature phones over a ten-year period, but the same is not the case for smartphones. And Microsoft is already moving away from the Nokia name on its smartphones, preferring to use the Lumia brand.

Nokia can already license its brand for other consumer electronic devices, and released an Android tablet, the N1, in China at the start of 2015. It was thought to have been manufactured by Foxconn, a name also likely to be linked to any smartphone licensing deal.

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Richard Handford

Richard is the editor of Mobile World Live’s money channel and a contributor to the daily news service. He is an experienced technology and business journalist who previously worked as a freelancer for many publications over the last decade including...

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