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  World News 
19 of June, 11:21

Nokia will again be producing phones
Finnish firm Nokia in 2016 again plans to return to the smartphone market. Manufacturer conceives is designed handsets Microsoft, and then to sell the license to the brand.

Finnish firm Nokia in 2016 plans to release mobile phones, which will allow it to make the agreement with Microsoft, informs Reuters. "We'll be looking for proper partners. Microsoft makes mobile handsets. We just designed them, and then to license the brand," - said the head of Nokia Rajeev Suri.

In 2014, Nokia was forced to sell part of its business associated with the production of mobile phones, Microsoft for 5.4 billion euros. A once-successful manufacturer simply failed to keep pace with the innovative technologies that were the favorites of the market - Samsung and Apple. So, net loss Nokia for 2012 increased 2.7 times in comparison with the preceding, and has constituted 3.11 billion euros. In 2013, the situation continued to deteriorate.

After the transaction, the company maintained for another 2 units. The backbone of the company is the production Department and maintenance of network equipment. In addition Nokia is developing navigation software HERE.

According to the agreement with Microsoft, the Finnish company has no right to use its own brand on the phones until the fourth quarter of 2016. Microsoft already does not use the Nokia brand in its own main line of Lumia phones.

In early April of 2015 has already appeared information about the fact that Nokia wants to return to the market of mobile phones. However, when the company officially denied this information.

sections: World News, Economics

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