Microsoft has announced a deal to sell Nokia phone companies to FIH Mobile, a subsidiary of Foxconn, and another company called HMD Global for about $ 350 million.
Once the deal is completed, the company's approximately 4.500 employees will "have the opportunity" to join the staff of FIH Mobile, or HMD Global. At the moment we do not know who HMD Global is, but it was founded in Finland in 2015. In Finland, if you remember, Nokia was also founded.
Interestingly, Nokia (confirmed) plans to return to mobile and tablet devices globally through a "strategic agreement covering branding and licensing."
"Today marks the beginning of an exciting new chapter for the Nokia brand name in a sector where Nokia remains a big name,” said Ramzi Haidamus, president of Nokia Technologies.
"Instead of Nokia returning to mobile manufacturing, HMD plans to produce mobile phones and tablets that can be used to increase the value of Nokia's brand name in global markets. "Working with HMD and FIH will enable us to participate in one of the largest consumer electronics markets in the world, staying true to the licensing of our business model."
So an important one commercial signal Nokia after selling its mobile business to Microsoft, it seems that the company has the opportunity to continue with Nokia Networks, and Nokia Technologies, to keep the brand alive on a global level.
It should be mentioned that although Nokia Technologies was quite quiet until recently it developed it Interactive reality (VR) device Ozo, a camera machine, and bought the Withings company for $192 million.