Sentences with phrase «branded feature phone business»

Finnish company HMD will bring a new generation of mobile phones to consumers, with the first smartphone products set to be launched in the first half of 2017, alongside the existing Nokia branded feature phone business.

Not exact matches

On Wednesday evening, HMD Global, the Finnish company that acquired Nokia's feature phone business last year, unveiled the first flagship Android phone under the Nokia brand.

Nokia sold its device business to Microsoft a year ago and it signed a non-compete clause preventing the company from producing smartphones under the Nokia brand until December 31, 2015 and feature phones under the Nokia brand for a decade.

With pre-existing relationships to retailers and carriers, a highly experienced management team, one of the strongest brands in the telecommunications industry, strategic partnerships with the likes of Google, Foxconn and Nokia itself, and an aggressive global approach supported by a still significant, if steadily declining, feature phone business, HMD Global may just be able to pull off the resurrection of the decade.

Foxconn's subsidiary, FIH Mobile, is taking over the remainder of Nokia's former feature phone business from Microsoft, and has an agreement with HMD and Nokia to «support the building of a global business for Nokia - branded mobile phones and tablets».

This deal will only affect Microsoft's feature phone business, which is currently still using the Nokia brand for basic phones.

Just last week, Microsoft announced it was selling off its low - end feature phone business, coinciding with the announcement that the Nokia brand would be returning to the mobile scene.

As part of the deal that saw Microsoft buy most of Nokia's phone business, it had the right to use the Nokia brand names of feature phones for 10 years.