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Nokia Is Set to Return to Smartphones and Tablets: What to Expect?
- Nokinside 10y ago- Foxconn finances this operation and engineers and manufactures the phones, essentially building a new non-bidding customer for itself and Sharp displays (owned by Foxconn) - Nokia maintains its brand recognition in consumer products. It retains the power to protect the reputation of the brand and quality of the products. - Nokia Research and Nokia Bell Labs continue doing research and they have tons of patents that this company has instant access. Basically this deal replaces Nokia Mobile Phones division (Sold to MS) with Foxconn/HMD Global. It's a smart move but success is not guaranteed.