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It's official: Nokia will re-enter the smartphone market next year

By Cookie Monster - on 21 Nov 2016, 1:00am

It's official: Nokia will re-enter the smartphone market next year

Image source: Nokia

Nokia will officially be re-entering the smartphone market next year.

In its investor-focused presentation slides at the Capital Markets Day, the company confirmed that Nokia-branded smartphones will return in 2017 although there are speculations that we could see at least two mobile devices being released before the end of the year.

Earlier this year, Nokia CEO Rajeev Suri stated that the company was "not in a hurry" as it was searching for suitable partners to handle the manufacturing and sales aspects. In May, Foxconn's subsidiary FIH Mobile signed an agreement with HMD Global to manufacture the phones. Three months later, HDM Global hired seven-year Nokia veteran and ex-CEO of Angry Birds maker Rovio, Pekka Rantala as the Chief Marketing Officer.

Nokia will be having a keynote at the Mobile World Congress 2017 where it is expected to be launching new Android-powered smartphones. 

Source: Nokia via GSMArena

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