Nokia owns the brand, provides it's patents and inventions that come from Nokia Research & Bell Labs. They also have member in the board and have some say on qu

Nokia owns the brand, provides it's patents and inventions that come from Nokia Research & Bell Labs. They also have member in the board and have some say on quality of the phones (protecting the brand). Foxconn Technology Group subsidiaries bought the manufacturing facilities and manufacture the phones. Including feature phones. HMD Global is the new Finnish company making Nokia-brand devices. It's mostly ex Nokia people. http://www.nokia.com/en_int/news/releases/2016/05/18/nokia-signs-strategic-brand-and-intellectual-property-licensing-agreement-enabling-hmd-global-to-create-new-generation-of-nokia-branded-mobile-phones-and-tablets http://www.nokia.com/en_int/news/releases/2016/05/18/nokia-s... >Nokia will provide HMD with branding rights and cellular standard essential patent licenses in return for royalty payments, but will not be making a financial investment or holding equity in HMD. Nokia Technologies will take a seat on the Board of Directors of HMD and set mandatory brand requirements and performance related provisions to ensure that all Nokia-branded products exemplify consumer expectations of Nokia devices, including quality, design and consumer focused innovation. >HMD would be led, once the Microsoft transaction closes, by Arto Nummela as CEO, who previously held senior positions at Nokia and is currently the head of Microsoft's Mobile Devices business for Greater Asia, Middle East and Africa, as well as Microsoft's global Feature Phones business. HMD's president on closing would be Florian Seiche, who is currently Senior Vice President for Europe Sales and Marketing at Microsoft Mobile, and previously held key roles at Nokia, HTC and other global brands.