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Nokia To Return To The Mobile Phone Market Next Year

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nokiaNokia is set to come back to the mobile phone market which would really help them but the company reveals they returning until late next year.

Nokia Technologies spokesman Robert Morlino released a statement revealing the company’s move for selling mobile phones again. Last year, Nokia sold its devices and handset business to Microsoft Inc for more than $7billion.

The spokesman says although Nokia is now focused on mobile networking, mapping and other technology, and they would return to the mobile phone in a very different way.

“The right path back to mobile phones for Nokia is through a brand-licensing model,” says Morlino. “That means identifying a partner that can be responsible for all of the manufacturing, sales, marketing and customer support for a product.”

Their agreement with Microsoft would not allow Nokia to return to the mobile phone market this year.

Nokia was once the leader in the phone market until the arrival of smartphones and the ascent of companies like Apple, Google and Samsung. In 2012, Samsung ended Nokia’s 14-year run as the world’s biggest mobile phone maker.

Meanwhile, the Nokia acquisition has not fared well for Microsoft. Last week, the company announced it would cut up to 7,800 more jobs and take a $7.6 billion impairment charge related to the deal.

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