Nokia Denies Phone Rumours
CBJ – Finland’s Nokia is denying reports coming from China that it had secretly been planning to return to phone manufacturing.
“Nokia notes recent news reports claiming the company communicated an intention to manufacture consumer handsets out of a R&D facility in China. These reports are false,” Nokia said in a statement posted on its website. “Nokia reiterates it currently has no plans to manufacture or sell consumer handsets.”
However, Nokia has said it is looking into returning to the smartphones business by brand-licensing.
Nokia sold its phone business to Microsoft last year, but just months after that it launched a new brand-licensed tablet computer, produced under license by Taiwan’s Foxconn, with an intention to follow up with more devices.
Nokia has agreed with Microsoft that it will not enter the mobile phone business before 2016.
Nokia just month announced a takeover of France’s Alcatel-Lucent, a bid to boost its mainstay network equipment business, and also said it could hive off its map business, which has reportedly drawn interest from carmakers as well as Facebook and online taxi service Uber.