Nokia,
the company that once dominated the Indian phone market, had succumbed
to the fierce competition from Samsung and Apple. While we thought the
company has already turned to ashes, a new report now claims that Nokia
is far from dead and planning to make a comeback in 2016.
Citing
two sources related to the matter, Re/Code reveals that the company
will join the mobile market as early as next year. It isn’t just mobile
market, but Nokia reportedly also plans to foray into ‘ambitious
technology product space’ including virtual reality.
Now,
if you are wondering how is it possible since Nokia sealed the deal
with Microsoft and sold its devices and services to the software giant.
The report says that this move is driven by Nokia Technologies, which is
the smallest of the three businesses that remain after the Microsoft
deal. Nokia Technologies is known for licensing the company’s portfolio
of over 10,000 patents.
“Unlike
other patent houses that do little more than license intellectual
property, Nokia Technologies has designed new products and licensed them
to other companies. So far, these ambitions have been small in scale,”
adds the report.
This
division launched two products namely, Zlauncher program and the N1
Android tablet design that is being sold in China by another
manufacturer using the Nokia brand name. It is believed that this tactic
will be used by Nokia to bring other devices in the market too.
Richard
Kerris, a former Nokia executive has told the news site that ‘Nokia is a
company that is not going away’ and ‘people will be blown away if some
of the stuff he saw comes to market’.
However,
all this won’t come until late 2016, owing to some negotiations between
Nokia and Microsoft. The Finnish company can sell smartphones under the
Nokia brand only after December 2015.
“The
company can’t license its brand for any smartphones until after Q3
2016. The N1 appears to take advantage of a loophole that allows for the
Nokia brand on tablets,” points out ReadWrite.
Recently,
Nokia was also rumoured to have agreed to acquire Alcatel-Lucent in a
bid to take on Ericsson. The company is also considering to sell off
Here Maps.
Posted by : Gizmeon
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