Nokia Planning to re-enter

Nokia once ruled the phone world, but couldn’t keep up when modern touch devices took over the smartphone game – although it produced some fine Windows Phone devices. And then it sold its hardware division to Microsoft, seemingly ending that saga.

But now, Recode reports that the company is covertly planning to reenter the smartphone game as soon as it’s able to – late next year. What’s preventing the Finnish company from jumping back into the fray sooner?

It’s that very same Microsoft deal. Microsoft may have stopped using the Nokia branding as of last year, but the terms of the agreement say that Nokia can’t make and sell its own phones this year, nor can it license its name for another company to do the same until the third quarter of 2016 at the earliest.

Source:Twitter

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