Nokia to re-enter mobile and tablet markets

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Nokia to re-enter mobile and tablet markets

Helsinki (AFP) – Finnish telecom equipment maker Nokia said Wednesday it plans a global comeback into its former goldmine of handsets and tablets, by licensing its brand to a newly-created Finnish company.

The world’s former number one handsets company said the new company HMD Global, a private venture, would provide a full range of Nokia-branded smartphones and tablets.

Nokia agreed to sell its mobile phone division to Microsoft for 5.4 billion euros in 2013
Copyright AFP/File Fred Dufour

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