Nokia to debut on android with Nokia C1 in 2016

Nokia is finally making a come back..and it’ll run on android! If you are a Nokia lover like me, you’ll understand why i’m so excited. The news was confirmed in a press release from the company, which is now owned by HMD, a new company setup to enable the proliferation of Nokia-branded phones and tablets.

 

According to the official statement from HMD:

“HMD has been founded to provide a focused, independent home for a full range of Nokia-branded feature phones, smartphones and tablets. To complete its portfolio of Nokia branding rights, HMD announced today that it has conditionally agreed to acquire from Microsoft the rights to use the Nokia brand on feature phones, and certain related design rights. The Microsoft transaction is expected to close in H2 2016. Together these agreements would make HMD the sole global licensee for all types of Nokia-branded mobile phones and tablets. HMD intends to invest over USD 500 million over the next three years to support the global marketing of Nokia-branded mobile phones and tablets, funded via its investors and profits from the acquired feature phone business.”

What this means is simple: Apparently, Nokia’s deal with Microsoft will come to an end in the second quarter of 2016. Nokia WILL return in 2016 with Android phones and tablets, as well as wearables.  No doubt we’ll be hearing A LOT more about this and the future of Nokia in the coming weeks and months.

Advertisements