Home › News ›

Nokia Issues Statement On Handset Plans

Apr 26, 2015, 9:46 AM by Eric M. Zeman

Nokia today issued a statement reaffirming that it will not manufacture cell phones. "Recent news reports [claim Nokia] communicated an intention to manufacture consumer handsets out of an R&D facility in China. These reports are false, and include comments incorrectly attributed to a Nokia Networks executive. Nokia reiterates it currently has no plans to manufacture or sell consumer handsets." The statement follows a week of conjecture concerning the company's potential plans for cell phones moving forward. Re/Code reported that Nokia plans to design handsets and license those designs to outside manufacturers once its non-compete agreement with Microsoft expires at the end of the year. Nokia did not contest that report. However, Re/Code's report was later followed by others claiming Nokia was going to set up shop at a facility in China to build its own cell phones. It is those reports that Nokia says are false. Nokia sold its handset business to Microsoft and, as part of the sale, cannot make or build cell phones. In particular, Nokia is not allowed to re-enter the handset business in any fashion until 2015, and isn't allowed to license its brand to manufacturers for the purposes of making handsets until the third quarter of 2016. Moreover, Nokia sold all its manufacturing facilities as part of the handset sale to Microsoft and can no longer build its own devices. The company is more focused on its networking business. Nokia recently announced plans to acquire Alcatel-Lucent, the French-American networking giant, for $16.6 billion. Nokia may sell its HERE Maps business so it can concentrate on building its telecommunications unit.

Reuters »

Related

Nokia Phones Coming to New US Carriers in 2022

Jan 5, 2022
HMD Global is teasing its lineup of Nokia phones for the US for first half of 2022. The five new phones will bring the company's presence to two new US carriers, representing "its largest U.S.

Motorola Launches razr 2022 (in China)

Aug 11, 2022
Motorola has launched its third-generation moto razr (2022) foldable phone, but only in China for now. It's unclear if the phone will come to other regions, although the Chinese web site for the phone does tout its global network support with a whopping 19 5G bands and 27 4G bands.

RedMagic's New Gaming Phone Comes with up to 24 GB RAM and 1 TB Storage

Jul 7, 2023
RedMagic has revealed its RedMagic 8S Pro series of gaming phones in China, with an international version promised later this month. There are no less than 14 different versions available in China, including the 8S Pro and 8S Pro+, multiple "editions" with different color schemes, and multiple memory+storage options.

Verizon Details C-Band 5G Launch Plans, Promises 10x Data Speed

Jan 4, 2022
Verizon has formally announced plans to launch 5G in the new "C-band" mid-band radio frequencies later his month, and filled in details of what the launch will include. The company is promising to cover 100 million people — nearly 1/3 of the population — with the new network at launch.

Consumer Cellular Launches Flip Phone with eSIM

Oct 16, 2023
Consumer Cellular has launched the first feature phone in the US with an eSIM. The Iris Flip is a white-label, flip-style phone that also has the largest display in its class at 3.2 inches.

more news about:

Comments

This forum is closed.

This forum is closed.

mobilemadness

Apr 26, 2015, 11:08 AM

Nokia

Now that's one company that fell bigger than most any other. At one time, they were THE name in cell phones. Everybody wanted a Nokia-back in the 90's and early 2000s. They even had a short lived "budget" brand in the 90s called Oki. Motorola was its only real competition. Now Nokia isn't even around anymore. Talk about taking a fall. They will be a case study of how a company could go from being number 1 in their industry to being out of business in just a few short years. 😲

djwhitt03

Pretty sure same thing happened to Blackberry, Palm, and Ericson.

...

Page 1 of 1