Nokia proper does not make phones anymore, but they are looking into wearables and likely smart health devices with the recent acquisition of Withings. As Nokin

Nokia proper does not make phones anymore, but they are looking into wearables and likely smart health devices with the recent acquisition of Withings. As Nokinside pointed out though, it will not be manufacturing phones going forward for the foreseeable future. The ball game is quite different now, as Nokia's competitive advantage in phones was their extensive manufacturing base that allowed for extreme cost savings. That went out the window with the divestiture to Microsoft.