Nokia brand to return with android N

 

Nokia brand is going to make a come back with android powered smartphones



HMD global which is based on Foxcon has got two two license agreements for Nokia brand.


License from Microsoft:-

HELSINKI: Microsoft  make a decision of selling Nokia's feature phone assets to newly formed HMD company  global for $350 million.The new firm on Wednesday announced  the return of NOKIA devices in to the market. As per the deal the feature phone assets,including brand,software,services  are transferred to HMD global company.Around 4500 employees are also transferred in art of deal to HMD global company.The deal is expected to close in second quarter of this year.as a part of deal HMD ill also acquire Microsoft mobile-Vietnam manufacturing faculty which is located in HANOI.


While Microsoft will continue on its Lumia smartphone brand and will promote its windows 10 mobile operating system with third party manufacturers. Microsoft layed- off around 7800 employees from Nokia phone division earlier. Microsoft  struggled in making the Windows mobile worth,it has got only 2.3  percentage of global market share for  $7.2 billion purchase deal.


license from Nokia



HMD is a Finland based company which is recently founded in Helsinki,which run under former NOKIA and PRESENT Microsoft sales executive ARTO NUMELLA. The company said reveled on Wednesday that it had also signed a licencing agreement with Nokia technologies,that gives HMD the sole us of NOKIA brand for the next decade. and company also gets incense from Microsoft for Nokia trademark on feature phones till 2024.

All these deals makes HMD is the sole company which has rights to use Nokia brand for all type devices.It has to  be noticed that Nokia will not manufacture its devices instead it license its brand name to the other manufacturer and get payments  for the use of its BRAND.

While HMD global said  "we it will invest $500 million over the next three years" to support global marketing of Nokia branded mobiles and tablets .The CEO of HMD global  ARTO NUMELLA said in a press conference that "we will be completely focused on creating a unified range of Nokia branded mobile phones and tablets,which we know will resonate with customers. Branding has become a critical differentiaor on mobile phones,which is why our business model OS centered on unique asset of Nokia brand". Arto Numella whose is presently sales executive in Microsoft will leave Microsoft after the deal between Microsoft and Nokia closed after third quarter of this year.


In fact Nokia will not makes devices but the HMD global has got some world's top class mobile designers,messengers. And even Nokia has promise for the designing and quality of devices all could make a great comeback by a legendary brand.

stay tuned for all the upcoming news from Nokia! 
   

Want to know Gadgets information Qiuckly?

No comments:
Write comments

Thanks buddy for visiting my site.If you have any suggestions,please don't hesitate to comment.

Best selling mobiles

Best selling mobiles
Samsung galaxy j2 max

2.

2.
Lenovo k5

3.

3.
One plus3

Best selling Notebooks

Best selling Notebooks
Hp spectre notebook

2.

2.
Hp business series 2016

3.

3.
Asus transformer series