MEDIA TECBS: Nokia

With Microsoft's epic mishandling of Nokia's mobile business coming to an end today, a new chapter for the storied Finnish brand is about to begin. Nokia has just announced that it will license its brand and intellectual property to a newly created company called HMD global, which will work to produce and sell a portfolio of Android smartphones and tablets. HMD global is based in Finland and will be led by Arto Nummela, a Nokia veteran who moved to Microsoft when the latter company took over the former's mobile business. The new company has agreed a conditional deal with Microsoft to acquire the rights to use the Nokia name on featurephones along with some related design rights. Nummela will be installed as CEO once that transaction is completed, which is expected to happen by the end of June. 
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLmM8N9fyarq72Ln1VCtF4iFPO5GnTkCoaSkHh-dTwa2YraG5S3Z9_szGywn6ZXF-WBTeFYiyxunjG23XUUUk1y99umEk9RDcMGoWDjUJS9OPOws1aSJA49uI5oCmNXeqGmBOFxLGsSq8/s1600/nokiN9.0.jpg" imageanchor="1" style="color: #00a3ff; margin-left: 1em; margin-right: 1em; text-decoration: none;"><img border="0" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLmM8N9fyarq72Ln1VCtF4iFPO5GnTkCoaSkHh-dTwa2YraG5S3Z9_szGywn6ZXF-WBTeFYiyxunjG23XUUUk1y99umEk9RDcMGoWDjUJS9OPOws1aSJA49uI5oCmNXeqGmBOFxLGsSq8/s320/nokiN9.0.jpg" style="border: 1px solid rgb(211, 211, 211); height: auto; max-width: 95%; padding: 4px; transition: all 0.4s ease-in-out;" width="320" /></a></div>
 Foxconn's participation in this is also interesting. Its subsidiary FIH Mobile is the company that today picked up the remnants of Nokia's former feature phone business from Microsoft for $350 million. HMD global and FIH already have a collaborative agreement in place "to support the building of a global business for Nokia-branded mobile phones and tablets." The Nokia N1 tablet was built by Foxconn in partnership with Nokia and the new HMD venture, while claiming independence, appears to be a formalization of that budding relationship. A NEW ANDROID HARDWARE MAKER WITH AN OLD FAMILIAR NAME Nokia will have a seat on the board of directors at HMD global and it will furthermore "set mandatory brand requirements and performance related provisions." The ideal outcome from today's business machinations will be a new hardware company that has all the design expertise of Nokia and all the manufacturing acumen of Foxconn, via its FIH Mobile subsidiary. And this will all have to be integrated with Nokia's own push into wearable devices in the wake of its acquisition of Within's. It's kind of convoluted behind the scenes, but for the consumer the upshot is simple: Nokia feature phones are making a come back alongside a new range of Android smartphones and tablets. Yes, the dream of the perfect Nokia Android phone lives on. 
SOURCE: <a href="http://company.nokia.com/en/news/press-releases/2016/05/18/nokia-signs-strategic-brand-and-intellectual-property-licensing-agreement-enabling-hmd-global-to-create-new-generation-of-nokia-branded-mobile-phones-and-tablets">NOKIA</a> <a href="http://www.hmdglobal.com/">HMB GLOBAL</a>

Nokia pushing up to be the best one's again

With Microsoft's epic mishandling of Nokia's mobile business coming to an end today, a new chapter for the storied Finnish brand is ...

Nokia gradually faded away from the smartphone world after they sold their mobile phone industry to Microsoft but they are now set to come back in another dimension... This time around, it is not going to be with smartphones but smartwatches and other smart electronic gadgets.  <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtYxJ0zmTS3Fv6ef98nuiIR5m06nhTQJiEz3t-R9qFw6Xd-CfDblM89tGmKVzQ8IbY5HnaB20L91VM6nzZFF0IzSm7OHYVqBvUX_R9VjK8SqCze4hYhP9X2BpETAb5dx3N2Ye3Woa9OLHR/s2560/%25255BUNSET%25255D.jpg" style="background-color: white; color: #3d85c6; font-family: Verdana, Geneva, sans-serif; font-size: 14px; line-height: 22.4px; text-decoration: none;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtYxJ0zmTS3Fv6ef98nuiIR5m06nhTQJiEz3t-R9qFw6Xd-CfDblM89tGmKVzQ8IbY5HnaB20L91VM6nzZFF0IzSm7OHYVqBvUX_R9VjK8SqCze4hYhP9X2BpETAb5dx3N2Ye3Woa9OLHR/s320/%25255BUNSET%25255D.jpg" style="border: 1px solid rgb(211, 211, 211); cursor: pointer; display: block; height: auto; margin: 0px auto 10px; max-width: 95%; padding: 4px; text-align: center; transition: all 0.4s ease-in-out;" /></a> Nokia is acquiring a French consumer electronics company popularly known asWithings. The company is a major producer of smart gadgets used in all faze of life including in the hospital. The deal that is focused on digital health — for €170 million ($191 million) in cash. According to a press statement by Nokia President and CEO, Rajeev Suri, "We have said consistently that digital health was an area of strategic interest to Nokia, and we are now taking concrete action to tap the opportunity in this large and important market,"  He continued...  "With this acquisition, Nokia is strengthening its position in the Internet of Things in a way that leverages the power of our trusted brand, fits with our company purpose of expanding the human possibilities of the connected world, and puts us at the heart of a very large addressable market where we can make a meaningful difference in peoples' lives." <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgs-jj5Q8bvtXf7yRMSxP0Y8FL_M5_Vfg6SEbriqRO3X5nqliJTAzkBazulR5SOsNmDAT-EoJ-cr0IjoQ7RNP4BHn0AenopVUIiFPTbfkPFLWmqfTfBeuI2XVWoADIbBjkH8o-5XEpJNLRa/s2560/%25255BUNSET%25255D.jpg" style="background-color: white; color: #3d85c6; font-family: Verdana, Geneva, sans-serif; font-size: 14px; line-height: 22.4px; text-decoration: none;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgs-jj5Q8bvtXf7yRMSxP0Y8FL_M5_Vfg6SEbriqRO3X5nqliJTAzkBazulR5SOsNmDAT-EoJ-cr0IjoQ7RNP4BHn0AenopVUIiFPTbfkPFLWmqfTfBeuI2XVWoADIbBjkH8o-5XEpJNLRa/s320/%25255BUNSET%25255D.jpg" style="border: 1px solid rgb(211, 211, 211); cursor: pointer; display: block; height: auto; margin: 0px auto 10px; max-width: 95%; padding: 4px; text-align: center; transition: all 0.4s ease-in-out;" /></a> Meanwhile, Withings CEO Cédric Hutchings said in a blog post how "perfectly aligned" the visions of the two companies are. "The Nokia vision of creating beautifully designed products that blend seamlessly into the everyday lives of real people echoes exactly [our ambitions]; we have a solid shared ground to build on." Hutchings said that Nokia had expressed interest in "Preventive Health and Patient Care," and that Withings apps and products will continue "to work in the same way." Is this a better move by Nokia? Or do you want them to return to the smartphone industry?  Source: <a href="http://company.nokia.com/en/news/press-releases/2016/04/26/nokia-plans-to-acquire-withings-to-accelerate-entry-into-digital-health" style="background-color: white; color: #3d85c6; font-family: Verdana, Geneva, sans-serif; font-size: 14px; line-height: 22.4px; text-decoration: none;">Nokia</a> and <a href="http://www.withings.com/uk/en/withings-nokia" style="background-color: white; color: #3d85c6; font-family: Verdana, Geneva, sans-serif; font-size: 14px; line-height: 22.4px; text-decoration: none;">withings</a>

Nokia To Come Live Again With The Acquisition Of Withings Wearables

Nokia gradually faded away from the smartphone world after they sold their mobile phone industry to Microsoft but they are now set to come b...

MEDIA TECBS

Nokia pushing up to be the best one's again

Nokia To Come Live Again With The Acquisition Of Withings Wearables

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