Nokia plans possible comeback to cellphone business

Nokia says it is seeking a "world-class" partner to get back into the cellphone business.

The Finnish company says it hopes to return to designing and providing technology for cellphones but needs a partner to manufacture, market and sell the devices.

Nokia spokesman Brett Young said Tuesday the "right path back to mobile phones ... is through a licensing brand." The earliest it could produce phones would be in the last quarter of 2016, in line with an agreement with Microsoft, which bought its devices and services last year for $7.5 billion.

Nokia was the world's top cellphone maker for 14 years, but was unable to meet the challenges of Apple's iPhone, Samsung and cheaper Asian manufacturers.

Last year, Microsoft began selling Nokia's Lumia handsets under its own brand name.

© 2015 The Associated Press. All rights reserved.

Citation: Nokia plans possible comeback to cellphone business (2015, July 14) retrieved 12 April 2024 from
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.

Explore further

Microsoft drops Nokia name from smartphones


Feedback to editors