Nokia Phones Announces a Comeback

posted on: May 18, 2016 5:15PM

 

Iconic brand Nokia has announced that they are planning to get back to mobile phone and tablet markets. Nokia Technologies will grant a newly founded company HMD global Oy (HMD), which is based in Finland with an exclusive global license, excluding Japan, 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 product.

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