Nokia Returning To The World Of Smartphones
Under the agreement, Nokia will receive HMD global Technologies, royalty payments for the mobile product sales with the Nokia brand, which will cover both trademark rights and intellectual property. Hence, the devices will be produced by a subsidiary of Taiwan’s multinational electronics contract manufacturing company Foxconn. The company, which was once the largest manufacturer in the world of mobile phones, sold its handset business to the tech giant Microsoft in 2014....