Tech Gist

The Nokia Dream Still Lives On, This Time, On Android's Platform.

If you thought that Nokia phones were dead and gone, think again!
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Microsoft, after mishandling the Nokia business has decided to sell it to FIH Mobile, a subsidiary of Chinese hardware manufacturer Foxconn (they manufacture iPhones for Apple) and HMD Global for $350 million last week. (Both FIH Mobile and HMD Global have a collaborative agreement in place) The sales include the Nokia trademark, assets and its manufacturing facility in Hanoi, Vietnam.
 
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With a plan to invest more than $500 million, HMD, which will be the company in charge of building the wave of mobile devices wants to capitalize on Nokia’s brand equity to push Nokia-branded smartphones. However, this time, the Nokia phones as we know it will now have Android on board.  Nokia also says that it will acquire the rights from Microsoft to use the “Nokia” trademark on feature phones until 2024.
Asides all that have been mentioned, around 4,500 employees will “have the opportunity” to join FIH Mobile, or HMD Global come June when the transaction is finalized.
Welcome back, Nokia
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5 comments on “The Nokia Dream Still Lives On, This Time, On Android's Platform.

  1. zita obeta says:

    They should make it a reality already

  2. KingAbsolute says:

    Nokia will easily blend in, considering the love people still have for their products.

  3. Uke Enun Jnr says:

    Oh good they’re finally back! Were they waiting for an Angel to come announce their return?? But eitherways I have still got that love for Nokia because i have always believed in their quality. I would only be pissed if Nokia get into the market and forget that there is something called “mid-range” devices, and so they should not even try to peg their prices at N100k+ (AT LEAST FOR A HEADSTART, GIVE IT 35k, 40k+ above). So my dear Nokia, listen to your customers and come back and make us proud!….#MissTechyForever

  4. ỌBÁDÁRÀ says:

    … WELL, I WAS NEVER HAPPY NOKIA WAS SOLD,BUT SEEING THE NOKIA LOGO ALONE IS A CONSOLATION. NOW THAT THEY ARE COMING BACK FULLY, AM WAITING AT THE CORNER TO GRAB ONE!…

  5. husband says:

    well. I use to like nokia for quality and good battery production. Hope they will continue with that. God bless them.

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